Alternative investment solutions provider Direxion has named Angelo Pirri as its new Senior Regional Director for the Northwest Region.
Pirri is responsible for selling and distributing all of Direxion’s buy-and-hold alternative investment strategy products to financial advisors across all channels, including wirehouses, regional broker dealers, registered investment advisor (RIA) and others in his territory. Pirri will serve advisors in northern California, Oregon, Washington, Hawaii, Wyoming, Idaho, Alaska, and Montana. He will be based in San Francisco and report to John Cadigan, Direxion’s National Sales Manager.
"Angelo has a rich background and highly successful track record driving business development and building client bases in the asset management industry. His expertise aligns perfectly with Direxion’s commitment to empower a growing number of advisors and their clients to employ alternative investment strategies historically used more exclusively by large institutions," says Cadigan. "Adding Angelo to our sales team will benefit investment professionals throughout the Northwest region whose clients are seeking innovative diversification strategies to maximize the opportunities created during periods of market volatility."
Pirri joins Direxion from Deutsche Bank DWS, where he served as Senior Regional Vice President. During his more than 20 years of experience in the asset management industry, Pirri has worked at firms including Julius Baer Investment Management, Credit Suisse, Merrill Lynch Investment Managers, SunAmerica and Transamerica Asset Management.
"Direxion is the vanguard of alternative investment strategies for sophisticated advisors and investors. I am excited about the opportunity to work with advisors throughout the Northwest region with the diverse suite of innovative investment solutions Direxion is known for," says Pirri. "There has been such tremendous growth in alternative investments, as evidenced by the increased allocations by institutional investors, and Direxion is in the perfect position to take advantage of this trend."