PARSIPPANY, N.J., Aug. 7, 2017 /PRNewswire/ -- Hennion & Walsh has recently hired an industry veteran to complement its team of experienced professionals for its proprietary SmartTrust® Unit Investment Trust (UIT) business. John Browning has joined as a Senior Vice President, Unit Investment Trusts.
"We feel very fortunate to add someone with the background and competence of John Browning to our team here at SmartTrust®," said Kevin Mahn, Chief Investment Officer at SmartTrust®. "John has a wide range of contacts in the UIT industry. His knowledge of the UIT product and its underlying process, in conjunction with the experience of the existing team at SmartTrust®, is another sign of our commitment to provide the best UIT service and support on Wall Street."
Mr. Browning has a wealth of experience in the UIT business. Prior to Hennion & Walsh, John was a Senior Managing Director – Unit Trusts at Nuveen Securities and a Managing Director – Unit Trusts at InCapital LLC. Mr. Browning also held management roles in the UIT businesses at Guggenheim Funds Distributors Inc., Invesco PowerShares, and Morgan Stanley Investment Management.
"We are excited by the continued growth of SmartTrust® and bringing on quality professionals such as John Browning is another way to show our commitment to this business," said Bill Walsh, President of Hennion & Walsh. "We are looking forward to further expanding the distribution of our innovative SmartTrust® products with John's assistance," added Richard Hennion, Partner of Hennion & Walsh.
SmartTrust® UITs, sponsored by Hennion & Walsh, offer diversified income and total return opportunities through innovative investment strategies. Assets grew by 20 percent in 2016 while the number of Trusts outstanding grew by 12 percent over the same period. For more information about Hennion & Walsh's SmartTrust® UIT products, please contact the firm's Internal Support Desk at (888) 505-2872, or visit www.smarttrustuit.com. Hennion & Walsh is a member of FINRA and SIPC. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com.
SOURCE SmartTrust UITs