has a new vice president and business development executive for exchange-traded funds.
stepped into the role in May. He previously had served eight years at State Street
, in two positions.
His most recent job at State Street was as vice president of business development within the U.S. sub-advisory group. Berard managed distribution relationships with third-parties including asset managers, brokers, insurers, RKers, private banks and large RIAs. He was in this role for more than 2 1/2 years.
Before this role, Berard was a senior national accounts manager in SSgA's intermediary business group, where he built and coordinated strategic relationships in the wirehouse, independent and bank B-D channels to distribute SSgA's SPDR ETFs, mutual funds and alt strategies.
Berard's other previous jobs have included vice president, equity sales at Morgan Stanley
; director of national sales, for the Independent Research Group/TheStreet.com
, and sales and national accounts manager for OppenheimerFunds
Early in his career, Berard was an Ameriprise
financial advisor, and a manager for clearing and trust operations at Midwest Clearing
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