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Deals & People January 28, 2008
DWS Scudder Builds Out Wholesale Distribution Team
DWS Scudder, the U.S. retail unit of Deutsche Bank’s Asset Management division (DeAM), has announced the appointment of four senior professionals to the firm’s wholesale distribution team.
Reported by Nevin E. Adams
The new hires will be part of the Financial Advisor Division and will report to Matt Eisenhardt, National Sales Manager of the Financial Advisor Division.
The new team members are:
- Kenneth A. Rosenson, Regional Vice President covering Los Angeles market;
- Daniel W. Hinckle, Regional Vice President responsible for distribution in the Carolina’s;
- Matthew T. Hilding, Regional Vice President responsible for the Illinois region; and
- Glenn J. Garbutt, Regional Vice President responsible for Eastern Pennsylvania.
Backgrounds
Before joining DWS Scudder, Kenneth Rosenson was a Vice President and regional sales manager for Oppenheimer Funds Inc., based in Los Angeles. In this position, he was responsible for sales, marketing, management and wholesaling activities of investment solutions to financial advisors.
Matthew T. Hilding joins DWS Scudder from John Hancock Funds, where he was a Regional Business Consultant, based in Chicago. Prior to that, he was a regional wholesaler at Van Kampen Investments, based in Houston.
Glenn J. Garbutt, who has over 10 years of experience in wholesaling, joins DWS Scudder from Fidelity Investments, where he was a Vice President responsible for wholesaling the Fidelity Advisor Funds and 401k to wirehouses, banks and independent firms. Prior to Fidelity, Garbutt was Regional Vice President of MFS/Sun Life Financial, where he was responsible for wholesaling various types of annuities to banks.
Daniel W. Hinckle joined DWS Scudder from The Hartford/Planco, where he was a Regional Director responsible for distributing variable annuities to national brokerage and other financial management firms.