Advisors Asset Management (AAM) has appointed Glenn Lotenberg as managing director, business development group.
Lotenberg will oversee the distribution of structured products such as market linked notes and CDs, as well as other fixed income products; brokered CDs, municipals, corporates, agencies and CMOs in the independent broker dealer channel.
He will report to John Radtke, executive vice president and head of capital markets, and will be based in the firm's Boca Raton office.
"We are thrilled to have Glenn join our team as we continue to build out our structured products group and create a best of breed platform to provide AAM customers with state-of-the-art technology and next level data to enhance issuer relationships and advisor education," says Radtke. "Glenn's extensive experience and relationship building skills will add immense value to AAM and our clients."
"I chose AAM because of its unique client base and untapped network of financial advisors who require trading and sales support for fixed income and alternative products. I look forward to growing our business development initiatives," says Lotenberg.
Lotenberg brings 20 years of experience in financial services to AAM. Prior to joining, he served as a managing director of the structured products trading/market linked products wealth management solutions at Incapital. He specialised in the distribution of structured product within the independent, institutional, broker-dealer and wirehouse investment advisory space.
He has also served as a director at Canadian Imperial Bank of Commerce and has experience in developing secondary trading, website and product development.
