Contact:  Hilary Fiorella
908-655-7760
hfiorella@mminst.org

—ADDITIONS ENHANCE BREADTH OF SPONSOR REPRESENTATION–

Washington, D.C., JANUARY 3, 2012 – MMI, the national organization for the managed investment solutions and wealth management industry, today announced two new members to its Board of Governors. Jeffrey Wilk, VP and Head of Broker Dealer Products, MetLife Broker-Dealer Group and William Golden, Head of U.S. Product, Legg Mason join the board of 35 executives from member firms whose assets represent more than 90% of the advisory solutions’ $2.1T.

Mr. Wilk’s seat was added in recognition of the growing role that insurance providers play in the advisory solutions industry, and MMI’s commitment to a heterogeneous board. Mr. Wilk leads MetLife Broker-Dealer Group’s Product Management area. Mr. Golden replaces Matthew Schiffman, who was a longstanding MMI governor. William (Bill) Golden is a Managing Director and Head of U.S. Product for Legg Mason Global Distribution.

To address the now clearly identified wants of investors, MMI member firms are utilizing an expanding set of investment solutions. One of the areas experiencing the greatest growth has been Unified Managed Accounts (UMA) whose assets doubled from 2009-2010. UMAs can include almost any investment vehicle. Both Mr. Wilk and Mr. Golden bring extensive industry experience and broad product knowledge. Mr. Golden is responsible for the management and development of Legg Mason’s US product set across all vehicles, including open-end mutual funds, SMAs, closed-end funds, alternative fund structures, collective trusts, variable insurance trusts, and the Scholar’s Choice 529 College Savings plan. Mr. Wilk has responsibility for managing the full suite of investment, advisory and variable products for the MetLife Broker-Dealer Group, and has been a stalwart supporter of MMI’s educational workshops.

“These two new governors bring deep experience and differing perspective to our established board,” said Chairman Seuffert. “Their unique viewpoints will expand the collective wisdom of the board and increase its expertise as we address the complex issues facing the evolving advisory solutions industry.”

The Money Management Institute (MMI) Since 1997 MMI has been the leading voice for the global financial services organizations that provide advice and professionally-managed solutions to individual and institutional investors. Through industry advocacy, educational initiatives, regulatory affairs, data reporting and professional networking, MMI supports and advances the growth of managed investments. Our members’ advice-driven investment solutions are responsive to an evolving worldwide financial landscape and their organizations are committed to the highest standards of fiduciary responsibility and ethical conduct. For more information, visit www.mminst.org.

–Coates Analytics™ Chosen from Among Five Industry Leading Firms in a Competitive Review to Deliver the Industry’s Premier Sales and Reporting Solution–

Washington, D.C., December 13, 2011 – Money Management Institute (MMI) announced that it has selected Coates Analytics, a division of Albridge Solutions, Inc., a BNY Mellon company, to be the supplier of a new industry standard sales and reporting solution. MMI and Coates Analytics have entered into an exclusive five-year marketing agreement that will allow Coates Analytics to be the provider of choice for both sponsors and money management companies that are members of MMI.

“This represents a major milestone for our membership. We believe carefully crafted analytics can revolutionize the way managed money products and programs are developed and distributed in the marketplace. We are very pleased to have selected Coates Analytics as the firm to deliver these analytical solutions to our membership,” stated Christopher L. Davis, president of MMI. “The selection process was a rigorous one in which a number of firms responded to an RFP we sent to potential participants earlier in the year. Coates Analytics is the firm that our Board of Governors believes best addresses our members’ interest in accurate sales information,” added Mr. Davis.

The new initiative will grow the number of contributing MMI sponsor firms (broker-dealers) to broaden the breadth of business intelligence data that can be utilized by both asset managers and broker/dealers to increase the sales and distribution of fee-based products, as well as mutual funds and ETFs. The breadth of research and reporting that will be available to the MMI membership is expected to dramatically increase with the participation of more firms.

This initiative represents an enhanced and broadened role for MMI and Coates Analytics in the areas of sales and distribution intelligence. “We are extremely proud that Coates Analytics was selected as the provider of choice for this important initiative by MMI. We consider it a privilege to work with senior executives throughout this industry to enhance the use of analytics to drive successful business practices,” added Dennis Kelleher, Head of Business Solutions for Coates Analytics.

MMI and Coates Analytics will be working closely together over the next several months to consult with MMI member firms. “It’s an exciting time for our members and we will develop a terrific partnership to provide solid benefits to our industry for years to come,” added Mr. Davis.

About MMI

Since 1997 MMI has been the leading voice for the global financial services organizations that provide advice and professionally-managed advisory solutions to individual and institutional investors. Through industry advocacy, educational initiatives, regulatory affairs, data reporting and professional networking, MMI supports and advances the growth of advisory solutions. MMI members’ advice-driven investment solutions serve an evolving worldwide financial landscape and their organizations are committed to the highest standards of fiduciary responsibility and ethical conduct. For more information, visit www.mminst.org.

About Coates Analytics

Coates Analytics, a division of Albridge Solutions, Inc., a BNY Mellon company is a business intelligence and analytics provider specializing in distribution, key accounts management, compliance, risk management and workflow solutions—exclusively for financial services firms. We are a market leader in three major technology solutions: Distribution Management System, Intelligent Dashboard and Subadvisor Certification Solution. Our Distribution Management System provides critical sales reporting and competitive market analytics to help asset managers identify their best distribution opportunities and analyze key drivers of profitability. The Coates Intelligent Dashboard offers exception‐based processing and critical metrics in an intuitive display to help firms mitigate risk and evaluate performance. Our Subadvisor Certification Solution is a compliance workflow solution that streamlines the oversight of subadvisor relationships by standardizing the process of collecting, reporting and evaluating compliance data. For additional information on how Coates Analytics can help your firm succeed, visit www.coatesanalytics.com.

Gateway to Top Talent, the Greater Good and Our Future

Administered through an extraordinary partnership, the Gateway to Leadership (GTL) program is managed by UNCF and sponsored by Money Management Institute (MMI) and its member firms. MMI brings comprehensive knowledge of the industry, while UNCF offers deep experience in shaping and overseeing successful internship programs by selecting and supporting talented students.

The smart money is on workplace diversity.

Americans from African American, Hispanic, Asian, American Indian, Native Hawaiian and Pacific Islander backgrounds will soon become the majority of the American population.

* African Americans make up less than six percent of finance executives, managers and administrators.*

Only four percent of executives and managers in all business services are African American.

* Shouldn’t your financial workforce reflect the increasingly multi-cultural marketplace?

The MMI Gateway to Leadership Class of 2011 Interns graduated with honors. Each of the students gained real work experience in their respective firms and garnered praise from their employers.

The closing ceremonies held at ING’s offices featured speakers from the program’s partners; UNCF, NAACP, MMI as well as current-year students and alumni. This year’s business case competition challenged students to analyze and pick investment solutions with the winning team attaining a double digit return.

Sincere thanks to all of the sponsoring firms and congratulations to our Class of 2011. We look forward to working with you in the future.

Click here for a guided presentation which details the benefits of MMI membership.

-–WINNERS ANNOUNCED AT GATEWAY TO LEADERSHIP FUNDRAISER DINNER MAY 11, 2011—

Washington, D.C., April 28, 2011 – MMI, the national organization for the managed investment solutions and wealth management industry, today announced the nominations for the industry’s leading firms in the following categories:

Advisory Solutions Firm of the Year – The Top Advisory Solutions Firm of the Year

• Nominees: Pershing Managed Account Solutions, Morgan Stanley Smith Barney, Fiserv

Advisory Solutions Product of the Year- The firm that launched the most innovative product that contributed to the growth of the industry.

• Nominees: LPL Financial– Model Wealth Portfolios (MWP), Folio Dynamix – FDX Connect, Citi- Openwealth

Advisory Solutions Technology Innovation or Operations Improvement of the Year- The firm that exhibited the greatest gain in efficiency or growth due to a technology or operations improvement.

• Nominees: Citi, SEI, Fiserv

Advisory Solutions Service Provider of the Year Award-The vendor or partner who best contributed to the innovation, growth and long-term sustainability of the advisory solutions industry.

• Nominees: . Citi, SEI, Folio Dynamix

Advisory Solutions All-Star Achiever Award – The individual who has gone above and beyond in support of an industry issue or MMI initiative.

• Nominees: Jim Seuffert of Pershing Managed Account Solutions, Rick Austin of Citi, Aaron Schumm of Folio Dynamix

Advisory Solutions Investment Manager of the Year – The Investment Manager exhibiting the qualities most valued by program sponsors (Voted on by sponsors only)

• Nominees: Neuberger Berman, BlackRock, JP Morgan

Advisory Solutions Emerging Manager Exhibiting Greatest Growth – The investment manager with assets less than $2B who has shown the greatest growth in assets.

• Nominees: TIAA-CREF, Forward Management, Riverfront Investment Group

Advisory Solutions Established Manager Exhibiting Greatest Growth – The investment manager with assets greater than $2B who has shown the greatest growth in assets.

• Nominees: BlackRock, Nuveen, PIMCO

Advisory Solutions Field Sales Team of the Year – The firm exhibiting the most effective field sales strategy and execution resulting in a significant growth in sales.

• Nominees: Pershing Managed Account Solutions, Morgan Stanley Smith Barney Consulting Group, JP Morgan

Advisory Solutions Marketing Program of the Year – The firm whose marketing program best promotes the growth and development of advisory solutions.

• Nominees: Morgan Stanley Smith Barney Consulting Group, USAA – Serving our Military, LPL – ClientsFirst

As in past years, the MMI Board of Governors named recipients for the following awards, which will also be presented at the Gateway dinner:

MMI Pioneer Award- The 2011 Career Achievement Award will be presented to John E. Coyne, III, President of Brinker Capital and Brinker Capital Securities. Mr. Coyne has responsibility for policy and oversight for sales, marketing, and key account management at Brinker. Additionally, he is chairman of the firm’s Best Practices committee and a member of the firm’s investment, management and finance committees.  With 29 years of industry experience working at Butcher & Singer, Van Kampen, Morris Stone (now Van Kampen), Fidelity Leasing, and Mutual Benefit Capital Companies, Mr. Coyne has been an active and vocal member of MMI and a strong advocate for advisory solutions.

MMI will announce the winners in the Advisory Solutions industry who have demonstrated innovation, growth and long-term viability with its second annual industry leadership dinner and celebration. The fundraiser will be held on the first night of the MMI Annual Convention in Boston.

Proceeds from this industry leadership awards dinner will benefit MMI’s workplace diversity program, Gateway to Leadership, a 501(c)(3) charity.

UNCF (the United Negro College Fund), the nation’s largest and most effective minority education organization, and the Money Management Institute (MMI) the national association of financial services firms, have announced they will work together to extend Gateway to Leadership, a diversity initiative that places minority college students in paid summer internships at leading financial firms. The Gateway To Leadership Program, operating with its new administrative partner, UNCF, and in association with the NAACP, assists MMI member firms to address their workplace diversity needs.

  UNCF, MMI, To Partner on Gateway to Leadership (213.8 KiB)

The Depository Trust & Clearing Corporation (DTCC) announced today that UBS Financial Services, the third largest sponsoring broker/dealer of managed accounts in the U.S., is preparing to launch a test, with several investment managers (IMs), of DTCC’s Managed Accounts Service and the recently introduced MAS Portal.

  UBS to Launch Test of DTCC's Managed Accounts Service Web Portal (45.2 KiB)
Economic Downturn Not Slowing Need for Industry Standardization

MMI, the national organization for the managed investment solution and wealth management industry, today announced the release of its white paper “Understanding and Managing Investment Risk: A Resource Guide for Prudent Investors”.

Written by industry experts, led by Jay Link, Chairman of the MMI Risk Management Committee, the white paper addresses events leading to the global economic and market downturn. It details how to identify the key risk factors for investing, understand them and how to employ strategies to mitigate risk in the various phases of investing.

  First of its Kind White Paper on Risk (74.9 KiB)