Atlantic Trust Strengthens Business Development Management Team as Firm Logs Record Growth

ATLANTA, Feb. 1, 2011 /PRNewswire/ -- Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), announced today expanded roles for Managing Directors Sid Queler and Bruce Katz in light of record growth of approximately $1 billion in net assets under management.

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As part of the firm's ongoing growth strategy, Queler has been promoted to National Director of Business Development, while Katz has been promoted to Director of Strategic Alliances.  

In his new role, Queler will spearhead business development planning and initiatives throughout the firm.  He will also play a key role in the firm's search and recruiting efforts for new business development professionals.

Katz will strengthen existing relationships and identify and develop new opportunities for business alliances with external firms to promote further growth.  Both Queler (Boston) and Katz (New York) also will continue to drive the business development efforts in their respective offices.

"As we begin the New Year, we are redoubling our focus on growing Atlantic Trust and engaging our clients, prospective clients and intermediary referral sources.  As such, we have chosen Sid and Bruce, who are two of our top producers and senior firm leaders, to drive and support our business development efforts nationally," said Jack Markwalter, chairman and CEO.  "Our commitment to a fiduciary culture, high touch client service and investment excellence clearly resonate in the marketplace.  We've had 15 consecutive quarters – more than 3 years – of growth, with record flows last year, and we expect this momentum to continue in 2011."  

Queler is a managing director and a member of the advisory team for Atlantic Trust's Boston office with more than 20 years of industry experience.  Before joining Atlantic Trust in 2004, he served as a regional business consultant for Curian Capital, the national director of business development for the Capital Management Group at Avatar Associates and the national sales and marketing manager at BTS Asset Management. Queler is a vice chair of the Board of Overseers at the Beth Israel Deaconess Medical Center, a member of the Boston Symphony Orchestra Partners Committee and the Boston Estate Planning Council. He earned a Bachelor of Science in business administration from Elmira College.

Katz, CFP®, is a managing director in Atlantic Trust's New York office with more than 20 years of industry experience. Prior to joining Atlantic Trust in 2001, he served as a first vice president for Avatar Associates and director of the Capital Management Group. He was also a member of Avatar's investment committee. Previously, Katz served as a vice president with Mitchell Hutchins Asset Management, Inc., and started his professional career with Ernst & Young.  He earned a Bachelor of Science in accounting and finance from Binghamton University.  Additionally, Katz serves on the boards of and volunteers with several charitable organizations.

About Atlantic Trust

Atlantic Trust is one of the nation's leading private wealth management firms, offering integrated wealth management for high net worth individuals, families, foundations and endowments. The firm considers clients' financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management solutions. Experienced professionals deliver a broad range of offerings, including proprietary investment offerings and a robust open architecture platform of traditional and alternative managers. Atlantic Trust operates in 11 full-service locations throughout the U.S. With approximately $17 billion in assets under management (as of December 31, 2010), Atlantic Trust is the private wealth management division of Invesco Ltd. (NYSE: IVZ). For more information, visit www.atlantictrust.com.

About Invesco

Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives.  By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world.  Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.

SOURCE Atlantic Trust