Deutsche Asset & Wealth Management (DeAWM) has hired four regional vice presidents to support the growth and coverage of its US exchange-traded products (ETP) platform on the East Coast.
The team reports to Mick McLaughlin, head of passive distribution in the Americas.
“We have been strategically expanding our passive asset management sales team over the past year, as our goal has been to provide extensive coverage and services across the US,” says McLaughlin. “We now have a full distribution team covering all major US territories and we look forward to growing our market share.”
Theresa Brennan has joined as an ETF regional vice president, covering the Northeast. Based in Boston, Brennan has nearly 20 years of industry experience and was most recently a business development executive at NT Flexshares.
Steve Darby has joined as an ETF regional vice president, covering the greater New York area. Darby is based in New York and brings over 15 years of experience. Most recently, he was a business development manager for the ETF business at Russell Investments.
Gavin McIntire has joined as an ETF regional vice president, covering the Mid-Atlantic. Prior to Deutsche AWM, McIntire spent ten years at ProShares Advisors, where he was a regional vice president.
Tim Whelan has joined as an ETF regional vice president, covering the Southeast. Previously, Whelan was an investment management consultant for BlackRock’s iShares platform.
The expansion of the passive distribution team is part of Deutsche AWM’s strategy to further expand its product offerings, increase outreach to investors, and continue to build its market share in the Americas. This summer, the bank hired seven ETF regional vice presidents to cover the West Coast and Mid-West territories.