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Rating:Schooner Casts its Net into the Wholesaler Pool Not Rated 4.0 Email Routing List Email & Route  Print Print
Tuesday, July 14, 2009

Schooner Casts its Net into the Wholesaler Pool

Reported by Armie Margaret Lee

Schooner Investment Group is expanding its sales team as it approaches the first anniversary of its debut mutual fund. John Kelly, managing director of the private client group, told The MFWire that the Radnor, Pennsylvania-based firm is looking to fill three external wholesaler posts that will cover New York/Connecticut, Texas and Atlanta.

"We're looking for people who have wholesaling experience in the industry, preferably with contacts within the independent channel," Kelly said.

At present, Schooner has six external wholesalers who pitch the Schooner Growth and Income Fund and separately managed accounts.

Schooner president and chief investment officer Greg Levinson said the firm is preparing an "aggressive marketing push" around the anniversary of the Schooner Growth and Income Fund, which came into being in August of last year. 

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