Curian Capital Celebrates Two-Year Anniversary: Rapid Asset Growth and Promising Future.DENVER -- Curian Capital today announced that its managed accounts program has amassed more than $1.2 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. during its first two full years in the market and is evolving into a broad platform that allows financial professionals to efficiently generate versatile wealth management solutions for their clients. "Curian has experienced tremendous success with its managed accounts program because independent broker/dealers and financial professionals have embraced the program's value proposition," said Clifford Jack, president of Curian Capital. "It is our responsibility to these partners to continually evaluate and adjust our business model in order to identify and seize emerging opportunities to enhance Curian's product and service offerings. We believe that we have done that and are in a prime position to efficiently serve our clients and support this platform's massive potential for future growth." Since its inception in March 2003, Curian Capital has secured more than 230 selling agreements with independent broker/dealers, licensed more than 16,000 financial professionals to sell Curian's managed accounts program, and conducted thousands of training and education sessions with financial professionals. The firm has attracted thousands of clients with account sizes ranging from $25,000 to more than $5 million. With 15 regional business consultants supporting financial professionals, Curian Capital has the largest distribution force in the third-party asset management marketplace. "Developing a truly innovative managed accounts program, training and educating tens of thousands of financial professionals, and successfully delivering a solution that is equally attractive to both clients and advisers are all achievements that should be celebrated," Jack said. "But more exciting than the success Curian has achieved in two short years is the opportunity at hand to leverage its scalable and efficient Web-based platform to provide our partners with even more innovative and efficient solutions for their clients and practices." The foundation of Curian's innovative managed accounts platform has been constructed upon the ideals of providing several benefits to investors and advisers alike, including: --Efficiency - Curian is a Web-based, paperless solution with online proposal and account opening processes that create the ability to open accounts in a matter of hours instead of days or weeks. --Flexibility - The same portfolios, institutional-level investments and service proposition are available for accounts with $25 million or $25,000. --Oversight - Curian is a fiduciary fiduciary (fĭd `shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. on all accounts and provides a consistent process for accounts of all sizes, ensuring compliance and documentation requirements are met. --Risk Management - Curian's research team, Investment Policy Committee and consultant CRA See Community Reinvestment Act. RogersCasey select an optimum combination of institutional money managers. --Transparency - All costs or fees, as well as all holdings, transactions, tax information and performance data is available for viewing 24 hours a day, seven days a week. --Customization - At opening, all accounts have a written Investment Policy Statement and portfolios are chosen based on individual investment objectives, risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. and time horizon. For more information about Curian's Managed Accounts program, broker/dealers and financial institutions should contact the Curian Sales Desk at (877) 847-4192. About Curian Capital Headquartered in Denver, Colo., Curian Capital (www.curian.com) is a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in providing innovative fee-based managed accounts and investment products to financial professionals through a state-of-the-art technology platform. Curian Capital is an indirect subsidiary of Prudential plc This article is about the British company. For the American company, see Prudential Financial. For places named after the company, see Prudential. Prudential plc (LSE: PRU, NYSE: PUK) is a United Kingdom-based financial services company. (NYSE NYSE See: New York Stock Exchange : PUK PUK Patriotic Union of Kurdistan PUK Personal Unlocking Key (as used in mobile phones) PUK PopUp Killer PUK Potchefstroomkampus (South Africa) PUK Pop-Up Killer (browser utility) ), a company incorporated and with its principal place of business in the United Kingdom. Prudential plc and its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. constitute one of the world's leading financial service groups. It provides insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 150 years and had more than $350 billion in assets under management, as of 12/31/04. Prudential plc is not affiliated in any manner with Prudential Prudential is the name of two different companies and buildings named after them: Companies:
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