Michael Arone, chief investment strategist for the US intermediary
business. Mike was head of global and EMEA portfolio strategy at SSgA
before this new role.
Ken Bossen, vice president and head of US intermediary portfolio
strategy and due diligence. Ken joins SSgA from Morgan Stanley, where
he managed the firm's ETF model portfolio and country ETF focus list.
Robert Forsyth, vice president and head of strategic partnerships.
Prior to this role, Robert was head of exchange traded products and
derivatives at UBS Wealth Management.
Mario Gallotto, vice president of business intelligence. Mario joins
SSgA from John Hancock Investments, where he was managing director of
Brie Williams, vice president and head of practice management. Brie
joins SSgA from Putnam Investments where she was responsible for
marketing communications in support of Putnam's global brand and
retail mutual fund product line.
Growing Demand from Clients Fuels Need for Insights and Solutions
State Street Global Advisors (SSgA), the asset management arm of State
Street Corporation (NYSE: STT), today announced five key appointments in
the firm’s intermediary business, which provides products supporting
wealth management professionals, including SPDR ETFs and State Street
mutual funds, for wirehouses, Registered Investment Advisors (RIAs),
private banks, family offices and regional / independent broker dealers.
The appointments will bolster SSgA’s competency across its intermediary
business, which was created in 2001 to better access the firm’s deep
institutional experience and broad investment knowledge.
“These appointments enhance our capabilities and reflect our commitment
to invest in ways that support advisors so they can achieve better
outcomes for their clients,” said James Ross, executive vice president,
global head of SPDR ETFs, and head of US intermediary distribution at
SSgA. “We look forward to the teams’ contributions in providing advisors
with solutions to meet the expectations of their clients by offering
differentiated products and investment views that will help support
The recent appointments to the US intermediary business include:
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors worldwide
for its disciplined investment process, powerful global investment
platform and access to virtually every major asset class, capitalization
range and style. SSgA is the asset management business of State Street
Corporation, one of the world’s leading providers of financial services
to institutional investors.
ETFs trade like stocks, are subject to investment risk, fluctuate in
market value and may trade at prices above or below the ETFs net asset
value. Brokerage commissions and ETF expenses will reduce returns.
State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned
subsidiary of State Street Corporation. References to State Street may
include State Street Corporation and its affiliates. Certain State
Street affiliates provide services and receive fees from the SSgA Funds
and SPDR ETFs.
"SPDR" is a registered trademark of Standard & Poor’s Financial Services
LLC ("S&P") and has been licensed for use by State Street Corporation.
No financial product offered by State Street Corporation or its
affiliates is sponsored, endorsed, sold or promoted by S&P or its
Affiliates, and S&P and its affiliates make no representation, warranty
or condition regarding the advisability of buying, selling or holding
units/shares in such products. Further limitations and important
information that could affect investors' rights are described in the
prospectus for the applicable product.
State Street Corporation
Elizabeth Bartlett, +1 617-662-2903
Troy Mayclim, + 1 914-686-5599
Source: State Street Corporation