The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $16B Boutique Manager Aims to Beat Last Quarter's 20 Percent AUM Growth Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 18, 2013

A $16B Boutique Manager Aims to Beat Last Quarter's 20 Percent AUM Growth

Reported by Tommy Fernandez

Montage Investments saw its AUM grow by over 20 percent, to $16 billion, during the latest three-month period.

Now, it's preparing for an encore.

National sales director Jennifer Rhodus is building up her sales force and pounding the pavement promoting four high performing funds to keep up the momentum flow for the rest of the year.

"We are going out, trying to find the undiscovered financial advisors and tell them our story. There is so much competition out there and no two RIAs are created the same. It is really about listening and deciding what they need in their practices and seeing what we can offer to them," Rhodus recently told MFWire.

Rhodus is responsible for promoting the seven mutual funds, seven closed end funds and 13 SMAs of 15 investment managers under Montage's umbrella.

She currently has 36 sales professionals on her team, and plans to add three to four more internal sales staff to this number.

Also on her plate: banging the drum for four top performing funds: the Nuance Concentrated Value Fund, the Palmer Square SSI Alternative Income Fund, the Convergence Core Plus, and the Tortoise North America Energy Independence Fund.

The Nuance fund recently garnered attention from Litman Gregory, whose analysts in a recent report declared "We came away very impressed and, as a result, we are adding the product to our Recommended list in the Larger-Cap Value category."

Rhodous said another important priority is building up relationships with RIAs. Montage's funds are already available on UBS, LPL, and the wirehouses.

She described Montage's sweet spot as "more specialized RIAs, running from $500 million to $15 billion who are using more than just the traditional nine style boxes."  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use