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Products May 7, 2014
Manning & Napier Creates DCIO Distribution Team
Investment services provider Manning & Napier, Inc. has established a dedicated defined contribution investment only (DCIO) wholesaler team to help grow its presence in the expanding market segment.
Reported by PLANADVISER Staff
The creation of the dedicated DCIO wholesaler team is a reflection of increased momentum in the DCIO market, the firm says, which has grown to an estimated $2.8 trillion in total assets and could reach $4 trillion by 2018 (see “How High Could DCIO Go”).
Patrick Cunningham, CEO of Manning & Napier Inc., says the move to establish a dedicated DCIO sales team underscores his firm’s commitment to helping retirement plan advisers better service and support their clients.
More information on Manning & Napier Inc. is available at www.manning-napier.com.