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Wednesday, April 17, 2013

An Asset Manager Hires in The Big Apple

Reported by Tommy Fernandez

Janus [profile] is upping its sales game in the Big Apple.
The asset manager hired Michael Stern as regional sales director for New York.

In this new role, Stern will spearhead the expansion of Janus’ intermediary distribution and sales in New York City, according to the company.

“We are very pleased to have attracted a sales professional with Michael’s broad experience, track record of success and longstanding relationships to help build Janus’ distribution in the all-important New York region,” stated John Ingram, senior vice president Advisor Solutions Group Sales at Janus.

Stern has more than 20 years in financial services sales and sales management.

Before joining Janus, we was a market director in the Chase Wealth Management group at JP Morgan Chase.

Before that, he served as national sales manager at New York Life Mainstay, where he reportedly directed a team recommending mutual funds, separately managed accounts and annuity solutions to financial advisors at wirehouses and regional broker-dealers.

He also held senior sales management positions at Citi Smith Barney’s Mutual Fund & Annuity Group and Morgan Stanley Smith Barney’s Investment Products business unit.

Here is the press release:
Company Press Release

JANUS NAMES MICHAEL STERN AS SALES DIRECTOR FOR NEW YORK CITY



DENVER - Janus Capital Group Inc. (NYSE: JNS) today announced the appointment of Michael Stern as Regional Sales Director. In his new role, Stern will spearhead the expansion of Janus’ intermediary distribution and sales in New York City.

“We are very pleased to have attracted a sales professional with Michael’s broad experience, track record of success and longstanding relationships to help build Janus’ distribution in the all-important New York region,” said John Ingram, SVP Advisor Solutions Group Sales at Janus.

A veteran of more than 20 years in financial services sales and sales management, Stern was most recently a Market Director in the Chase Wealth Management group at JP Morgan Chase. Prior to that, he served as National Sales Manager at New York Life Mainstay, where he directed a team recommending mutual funds, separately managed accounts and annuity solutions to financial advisors at wirehouses and regional broker-dealers. Earlier still, he held senior sales management positions at Citi Smith Barney’s Mutual Fund & Annuity Group and Morgan Stanley Smith Barney’s Investment Products business unit. Stern began his career as a financial advisor and, later, a branch sales manager at Smith Barney in Melville, NY. He earned his B.A. from Lynchburg College in Lynchburg, VA.

“The depth of Janus’s commitment to distribution through financial advisors, and to delivering better client outcomes, is truly impressive,” Stern said. “I look forward to helping advisors better understand Janus’s evolution, the breadth of Janus products available today—including lower-beta solutions—and how they can best be utilized to address clients’ needs and concerns.”

About Janus Capital Group Inc.

Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a researchintensive approach that is distinct within its respective asset class. This multi-boutique approach enables research intensive the firm to provide style-specific expertise across an array of strategies, including growth, value and mathematical equities, fixed income and alternatives through one common distribution platform.

April 17, 2013 FOR IMMEDIATE RELEASE2

At the end of December 2012, JCG managed approximately $157 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo, Melbourne, Paris, The Hague, Zurich, Frankfurt, Dubai and Taipei. Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus at 877.33JANUS (52687) or download the file from janus.com/info. Read it carefully before you invest or send money.

Janus Distributors LLC, (04/13)
 

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