Deals & People September 30, 2007

M&I Appoints Vice President, Director of Institutional Sales

M&I Investment Management Corp. has appointed Thomas Nolte, formerly of Wells Fargo and Strong Capital Management, as vice president, director of institutional sales.
Reported by

Nolte served 12 years as vice president, senior account executive with Wells Fargo and Strong Capital Management.

“We are pleased to have Tom join M&I as director of institutional sales,” said Tommy Huie, president and chief investment officer, M&I Investment Management Corp., in a press release. “Tom brings a wealth of experience and will play a key role as we expand our presence in the consultant and corporate marketplace.”

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Nolte earned a bachelor’s degree from Marquette University and a Juris Doctor from the University of Wisconsin Law School, according to the announcement.

M&I Investment Management Corp. currently has $25 billion under management, with over $9 billion in the Marshall Funds.

Products September 30, 2007

Transamerica Financial Advisors Launches New SMA ETF Program

Transamerica Financial Advisors, Inc. is using FOLIOfn Institutional to launch Transamerica I-Series, a separately managed account program that uses exchange-traded funds (ETFs).
Reported by

The rollout, anticipated for late September, will initially consist of five ETF-based asset allocation portfolios developed for clients of Transamerica’s Investment Advisor Representatives. Eventually, the Transamerica I-Series offering will be expanded to include other ETF-based strategies such as core-satellite and target maturity portfolios, the firm announced in a press release.

“We created this program to satisfy the demand from advisors for a model-based ETF solution that was low-cost and provided broad diversification for their clients,” explained Sandy Brown, President of Transamerica Financial Advisors, in a press release; “The Transamerica I-Series strengthens Transamerica’s overall fee-based offerings and will attract new advisors to our Advisory programs.”

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