OppenheimerFunds Completes RIA Team
Jun 24, 2015, 08:15 ET
NEW YORK, June 24, 2015 /PRNewswire/ -- OppenheimerFunds, a leader in global asset management, today announced it has fully staffed its team covering Registered Investment Advisors (RIAs), as the firm focuses on further deepening and strengthening its relationships in this critical market.
"RIAs represent a growing and extremely important client segment for OppenheimerFunds," said Matt Straut, the firm's Head of the RIA Channel. "We've assembled a talented team that has the deep industry experience and client-centric approach to provide RIAs with investment and thought leadership content. This allows OppenheimerFunds to assist RIAs in growing or running a more efficient practice."
Kyle Najarian and Keith Watts have joined OppenheimerFunds as Senior Advisor Consultants for the West and Southeast regions, respectively. Most recently, Kyle was at Wells Fargo Asset Management, where he was responsible for working with RIAs in their West territory. Keith was at Hatteras Funds, where he worked with advisors across the Southern United States.
Dan Jarema has been promoted to Senior Advisor Consultant from Regional Advisor Consultant, and will be responsible for working with RIAs in the Midwest territory. In addition, Rico Castelda has moved from the firm's National Division to become a Regional Advisor Consultant on the RIA team, supporting coverage in the Midwest and Southeast regions.
"Matt and his team have the extensive knowledge of the business that enables them to deliver the full range of our resources and capabilities to the RIA community," said John McDonough, Head of Distribution at OppenheimerFunds.
With the new additions and changes, following is the complete RIA team:
- Director of Custodial Platforms Mike Sussman
- Senior Advisor Consultants: James Concepcion, Mid-Atlantic; Mike Dennehy, Northeast; Dan Jarema, Midwest; Brian McGinty, Mountain West; Kyle Najerian, West; and Keith Watts, Southeast
- Regional Advisor Consultants: Rico Castelda, Southeast and Midwest; Seth Guenther, West and Mountain West; and Matt Trimble, Northeast and Mid-Atlantic
- Client Service Manager Izaak Mendelson
OppenheimerFunds, a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $240 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of May 31, 2015.
Founded in 1959, OppenheimerFunds is a high conviction asset manager with a history of providing active, innovative investment strategies to its investors. The firm's 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative and multi-asset strategies. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors serving individual investors. OppenheimerFunds provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management offers solutions to institutions. For more information, visit oppenheimerfunds.com.
Share this article