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Direxion names new senior sales director for Mid-South region


Alternative investment provider Direxion has named Harold W Clemons as its new Senior Sales Director for the Mid-South region.

Clemons is responsible for selling all of Direxion’s buy-and-hold alternative investment strategy products to financial advisors across all channels, including wirehouse, regional broker dealers, registered investment advisor (RIA) and others in his territory. Clemons will serve advisors in Texas, Oklahoma, Louisiana, New Mexico, Arkansas, Kansas and Missouri, and be based in Texas.

"Harold is exactly the kind of seasoned industry professional we want on the Direxion team as we empower an ever-increasing number of advisors and their clients to employ alternative investment strategies historically used only by large institutions," says John Cadigan, Direxion’s National Sales Manager. "With financial markets remaining highly unpredictable, we believe it’s more important than ever for investors to further diversify their portfolios. Adding Harold to our sales team is further evidence of our commitment to helping investment professionals and their clients manage risk with innovative strategies."

Clemons joins Direxion from Principal Funds, where he served as Regional Director in the Dallas-Fort Worth area. During his more than 25 years of experience in the asset management business, Clemons has worked at firms including Capital Real Estate Securities, Dreyfus, Merrill Lynch Investment Managers, BlackRock, and PimcoAllianz Investments.

"Direxion is a pioneer in bringing alternative investment strategies to sophisticated advisors and investors," says Clemons. "I’m excited about the opportunity that lies ahead to connect advisors and their clients throughout the Mid-South region with the diverse suite of innovative investment products Direxion is known for."

Clemons earned his BS and MBA degrees at the University of North Alabama. He holds certifications as a Certified Financial Planner (CFP), Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC) and Certified Fund Specialist (CFS). He also holds Series 7, 4, 24, 53, 63, 65 and 66 Securities Licenses.

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