RiverSource Investments Makes Key Hires for RiverSource Institutional Advisors Offering.MINNEAPOLIS -- RiverSource Investments, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a subsidiary of Ameriprise Financial, Inc., (NYSE NYSE See: New York Stock Exchange :AMP) has hired Erik Knutzen as Vice President, Director of Institutional Strategies, Brian Reed as Regional Vice President, Institutional Sales and Adam Craig as Regional Vice President, Institutional Consultant Relations. Knutzen, Reed and Craig will report to Chris Keating, Head of Institutional Sales and Client Relationships for RiverSource Investments. "We are thrilled to have Erik, Brian and Adam join us as we continue to expand our institutional business," said Keating. "They bring the experience and depth of knowledge necessary for us to leverage the competitive performance track records and diverse institutional and alternative strategy lines we offer through RiverSource Institutional Advisors. Knutzen, in a newly created position, will focus on the market positioning of key investment strategies for RiverSource Institutional Advisors. Prior to joining RiverSource Investments, Knutzen worked at Standish Mellon Asset Management as Director of Sales, Marketing and Client Service. Before joining Standish, he founded Garret Capital Management LLC, a hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" management company, and worked at Putnam Investments for nine years where his roles included Managing Director of Institutional Portfolio Management and Investment Service. Prior to Putnam, Knutzen was a vice president and consultant at Jeffrey Slocum & Associates. He earned a bachelor's degree from Williams College and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. and a member of the Boston Securities Analysts Society. Reed joins a team of eight regional vice presidents and will be responsible for leading institutional sales efforts within the western region of the U.S. He will also help enhance the firm's institutional client service and consultant relations efforts. Prior to joining RiverSource Investments, Reed was Vice President and Senior Marketing Executive at CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. Capital Group where he was responsible for institutional sales and consultant relations. Prior to that, he was with Fidelity Investments, where he served as a relationship manager distributing Fidelity's institutional investment strategies to endowments, foundations and corporate defined benefit plans. Reed graduated from the University of Vermont with a degree in Community Development and Applied Economics. Craig will be responsible for managing consultant relationships throughout the U.S. and Canada along with his colleague, Mark Bryant. Prior to joining RiverSource Investments, Craig was Director of Marketing and Client Relations at Essex Investment Management Co., where he was responsible for overseeing institutional marketing, consultant relations and client relations. He also worked as an investment consultant at Mercer Investment Consulting for five years and previously at Watson Wyatt for 12 years. Craig holds a bachelor's degree in Mathematics from Pennsylvania State University Pennsylvania State University, main campus at University Park, State College; land-grant and state supported; coeducational; chartered 1855, opened 1859 as Farmers' High School. . He is a Chartered Financial Analyst and a member of the Boston Security Analysts Society. About RiverSource Investments RiverSource Investments develops and manages asset growth, preservation and income solutions that revolve around the needs of today's investors. The firm's specialized investment platform provides access to investment and research professionals located in strategic investment centers in the U.S. and overseas. As a leading source of investment insight and innovation, RiverSource Investments delivers a full range of solutions across the risk return spectrum to retail investors and their advisors and to institutional investors including corporations, pension funds, governments, foundations and endowments. RiverSource Investments, LLC is an SEC-registered investment adviser that offers investment products and services under the names RiverSource Institutional Advisors, RiverSource Alternative Investments, RiverSource Capital Management and RiverSource Insurance Assets. RiverSource Investments is also registered as an International Adviser with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and British Columbia Securities Commission The British Columbia Securities Commission (BCSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of British Columbia. External links
About Ameriprise Financial Ameriprise Financial, Inc. is a leading financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and services company that provides solutions for clients' asset accumulation, income management and insurance protection needs. Through a nationwide network of more than 10,000 financial advisors, Ameriprise Financial delivers tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The Company specializes in meeting the retirement-related financial needs of the mass affluent. Financial advisory services and investments are available through Ameriprise Financial Services, Member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, visit ameriprise.com. (c) 2007 Ameriprise Financial, Inc. All rights reserved. |
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