CLS Investments Appoints Brian Clark as Regional Vice President of Sales for Southern California and Neighboring Markets

OMAHA, Neb., Jan. 14, 2013 /PRNewswire/ -- CLS Investments, LLC ("CLS"), one of the largest third party money managers and a leading manager of exchange-traded funds ("ETFs") within individual investor portfolios, is pleased to announce the appointment of Brian Clark to Regional Vice President of Sales, covering Southern California, parts of Nevada, and all of Utah.

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Mr. Clark, who is based in Los Angeles, will focus on strengthening CLS's relationships with local broker-dealers and financial advisors in order to offer their clients CLS's investment management services directly, through qualified retirement plans, and via various investment platforms.

"Brian's vast experience and numerous connections in Southern California and the western U.S. significantly expand CLS's opportunity for partnerships with broker-dealers and financial advisors in this area of the country," said Bill Wostoupal, CLS National Sales Manager. "CLS has a long and distinguished track record of managing ETFs, and Brian will help us bring this experience and expertise directly to our advisor partners in this region."  

Mr. Clark most recently worked for Nationwide as a Regional Vice President and marketFLEX Specialist covering the western U.S. Prior to his tenure at Nationwide, he worked as a Financial Advisor, Business Development Director and Regional Vice President for the Financial Network Investment Corporation, AXA Distributors, Security Benefit Group and ING.

Mr. Clark began his career as a Design Engineer with The Boeing Company and earned a Bachelor of Science degree in Mechanical Engineering from the University of California at Los Angeles. He holds the Chartered Retirement Planning Counselor (CRPC^®) designation as well as FINRA licenses for securities series 7, 63 and 66.

"CLS's innovative risk-budgeted investment strategies and emerging technology solutions are deeply rooted in helping advisors and their clients navigate a dynamic and ever-evolving investment market," said Mr. Wostoupal. "As our firm continues on its path of smart and strategic growth, we are uniquely positioned to offer these services to a wider array of financial professionals all over the United States."

About CLS: CLS Investments, LLC ("CLS") is one of the largest independent third party money managers in the United States. Founded in 1989 by W. Patrick Clarke, the firm manages individual, qualified plan, and variable annuity portfolios of mutual funds, exchange traded funds, and individual stocks and bonds. CLS serves over 40,000 individual investors and as of July 31, 2012 maintained more than $6.5 billion in assets under management. The company professionally manages money using the principles of risk budgeting and tactical asset allocation, and maintains an experienced team of portfolio managers and analysts. To learn more, visit http://www.clsinvest.com.

SOURCE CLS Investments, LLC