Products June 22, 2008

First Tennessee Partners with FundQuest to Expand Product Offering

First Tennessee Bank, a subsidiary of First Horizon National Corporation, in partnership with FundQuest Incorporated, a provider of managed account services, has launched three new products on its managed account platform.
Reported by

The Horizon Account platform now offers index enhanced mutual fund portfolios, unified managed accounts (UMAs), and exchange-traded funds (ETFs), according to a press release. The expanded offering now features eight different types of managed accounts, including two mutual fund portfolio solutions, an adviser choice product, and two separately managed account products.

“The product breadth offered on the Horizon Account, coupled with FundQuest’s back-office capabilities, takes their platform to another level of sophistication,” said David Robinson, Director of National Accounts at FundQuest, in the announcement. “First Tennessee’s strategic partnership with FundQuest provides their advisers with the tools to compete very effectively with wirehouses and regional brokerages.”

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More about First Horizon and First Tennessee is located at www.fhnc.com.

Deals & People June 22, 2008

The Standard Opens Indianapolis Office

The Standard has opened a new Retirement Plans sales office in Indianapolis, Indiana.
Reported by

The company announced it has appointed Steven Brenner to serve as Pension Consultant in the Indianapolis office. His territory includes Indiana and parts of western Kentucky.

Brenner previously was vice president of Retirement Plan Services at MFB Bank. Prior to that, he was a trust officer and worked as vice president of Benefit Sales for Harris Bank.

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“The opening of the Indianapolis Retirement Plans sales office is a major step in expanding our presence in this part of the country,” said Rob Baumgarten, regional sales vice president.

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