A 27-year mutual fund industry veteran in Tennessee is changing firms.
| Gregory Luken
Luken Investment Analytics
Immersed in the mutual fund industry since 1990, Darin Pritchett
has cordially left Hays Advisory
on March 31, after two years of employment. He is now employed at Luken Investment Analytics,
an RIA based in Brentwood.
In his new role as director of distribution at Luken, Pritchett will be responsible for marketing and sales distribution strategy for Luken's investment products.
In addition to working at Luken, the asset management firm that utilizes quantitative analysis to advise clients, Pritchett adds that he is also seeking other small asset management firms to simultaneously work at, in similar distribution roles.
"For me, smaller firms have a unique story, and a performance track record, they just don't have distribution," Pritchett tells MFWire,
they're doing it all themselves."
Pritchett had left Hays, the $1.2 billion asset management firm in Nashville, when Jeff Hays stepped down
as president. When Kevin Hays
filled the position, "the job I was hired to do had already been accomplished," said Pritchett.
A representative from Hays was not immediately available for comment.
Luckily, Pritchett had known Greg Luken,
founder of Luken, since 2001. Pritchett says he knew that his "experience with Hays and positions in the past could be very useful at Luken today."
These positions stem back to 1990, when Pritchett graduated from Kansas State University, to then be hired by Goldman Sachs Asset Management in 1994 as vice president, regional director, and J.P. Morgan in 2012 as vice president, client advisor.
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