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First Mercantile Trust Names Mahoney Retirement Plan Sales Specialist.


Business Editors

MEMPHIS Memphis, city, ancient Egypt
Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo.
, Tenn.--(BUSINESS WIRE)--May 15, 2003

First Mercantile Trust Company today announced the appointment of Sharleen Mahoney as sales specialist for its retirement plan products. Mahoney works closely with First Mercantile sales directors in communicating with investment consultants who sell First Mercantile retirement plan products across the country.

Mahoney, 27, joins First Mercantile from Manulife Financial Manulife Financial (NYSE: MFC, TSX: MFC, SEHK: 945, PSE: MFC), also known as The Manufacturers Life Insurance Company, is a major Canadian insurance company and financial services provider.  in Lombard, Illinois Lombard, "The Lilac Village", is a suburb of Chicago in DuPage County, Illinois. The population was 42,322 at the 2000 census. The United States Census Bureau estimated the population in 2004 to be 42,975.  where she was a sales coordinator maintaining a sales caseload case·load  
n.
The number of cases handled in a given period, as by an attorney or by a clinic or social services agency.


caseload
Noun
 of over 200 cases and $250 million in assets. At Manulife, Mahoney worked with three retirement plan wholesalers, coordinating the transfer of assets The conveyance of something of value from one person, place, or situation to another.

The law recognizes that persons are generally entitled to transfer their assets to whomever they wish and for whatever reason. The most common means of transfer are wills, trusts, and gifts.
 from prior providers to Manulife. She is a cum laude graduate of Palm Beach Atlantic College in West Palm Beach, Florida West Palm Beach, also known as West Palm, is the most populous city in Palm Beach County, Florida, USA. The city is also the oldest incorporated municipality in South Florida. According to the University of Florida's 2006 estimates, the city had a population of 107,617.  and is series 6 licensed and licensed in life and health insurance sales.

Scot Lenoir, First Mercantile president, said, "We are delighted that Sharleen has moved to Memphis to join our sales support staff. She is very knowledgeable about retirement plans, and her firsthand experience in assisting plan sponsors will add an important dimension to our sales efforts."

First Mercantile, headquartered in Memphis, TN, provides retirement plans, investment programs, and charitable giving services to corporate clients and personal investors from coast to coast. The company has seven regional sales offices and two customer service centers to support its national customer base. First Mercantile delivers its products to the retail marketplace through investment consultants, brokerage firms, trust companies, and financial institutions.
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Publication:Business Wire
Date:May 15, 2003
Words:236
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