is continuing to seek wholesalers for its broker-dealer and registered investment advisors sales teams. The bank-owned fund family is beefing up its distribution after a strong past year, explained Chuck von Breitenbach
, managing director based in New York City. It also recently rounded out a sales team focused on financial advisors selling in the defined contribution market.
The firm is seeking two additional members for its broker-dealer focused team. That group will ultimately have 11 members and will cover the wirehouses and regional broker-dealers. It is headed directly by von Breitenbach.
Also open are two slots in the firm's RIA team. That team will have five members and is headed by Tim Mahoney
in the firm's Cleveland office. It will focus on the custodians working with independent advisors, including Schwab, Waterhouse and Lockwood Financial. "They will essentially focus on anything that is not a wirehouse or a broker-dealer," said von Breitenbach. They will focus on advisors selling mutual funds and managed accounts.
Victory has also completed a third team supporting the defined contribution channel. That group is made up of five professionals and is headed by John Kutz
, a managing director based in New York City.
Both Mahoney and Kutz report to von Breitenbach.
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