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

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

Rating:Fisher Consolidates MainStay's FA Sales Under One Chief Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 3, 2016

Fisher Consolidates MainStay's FA Sales Under One Chief

Reported by Neil Anderson, Managing Editor

Stephen Fisher has consolidated MainStay Investments' [profile] advisor channel sales under a single chief. Meanwhile, another top MainStay executive is moving on.

Harvey P. Steele III
New York Life Investment Management
National Sales Manager
Last week Fisher confirmed the promotion of managing director and independent and RIA sales channel chief Harvey Steele to national sales manager for both wirehouse and independent channels. Meanwhile, a spokesman for MainStay, New York Life Investment Management's mutual fund arm, confirms that managing director and wirehouse and regional sales channel chief Jeff Nye "has left the company."

"We wish him well in his future endeavors," the spokesman tells MFWire.

Meanwhile, NYLIM CEO Yie-Hsin Hung just appointed the unit's first chief operating officer, Kirk Lehneis. Lehneis will be in charge of M&A, strategic planning and implementation, and training and strategic technology initiatives. He previously led product development for NYLIM.

Steele's promotion and Nye's departure also come a few months after MainStay's U.S. retail distribution chief, Brian Jacobs, left the company.

In his new role, Steele reports directly to Fisher, who is president of both NYLIM and MainStay. Fisher praises Steele as "a MainStay veteran who has played an important role in [the company's] overall growth and success."

"Harvey has a proven track record of developing and leading analytical strategies that have successfully positioned our tenured sales professionals as specialists and trusted advisors to our clients," Fisher states.

Steele is an alumnus of Albion College. He worked at Lord Abbett and Cohen & Steers before joining NYLIM in 2007 as an external wholesaler and has since risen up through the ranks.

Nye is an alumnus of Northeastern. A veteran of both AllianceBernstein (now AB) and Fidelity, he first joined NYLIM and MainStay in 2011. 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use