WATKINSVILLE, Ga.--(BUSINESS WIRE)--Stadion Money Management, known for its participant level, customized retirement solutions and non-traditional investment strategies, today announced the addition of four wholesalers to its sales team: Eric Butler in Colorado, Tim Bottomly in Massachusetts, Carey Robinson in California and Brian Peterson in North Carolina. All four join the firm as Vice President - Advisor Consultant, and oversee retail and retirement products in their territories. They report to Dave Lacusky, Chief Distribution Officer.
“Eric, Tim, Carey and Brian have distinguished themselves as successful wholesalers who understand the financial advisor arena and the strategies advisors are looking for to help their clients navigate the markets,” said Lacusky. “We’re excited about the opportunities we have with our investment solutions, including StoryLine, and the newly launched TargetFit.”
StoryLine, built with SPDR® ETFs, is an innovative retirement planning solution built specifically for 401(k) participants in advisor-sold plans. It made its market debut in 2016 and has approximately $600 million in AUM as of 9/30/17. TargetFit, launched earlier this month, takes target date funds and adds choice. TargetFit is a solution that offers three target date fund glide paths, giving options that are not traditionally available through a single target date fund family. TargetFit Funds are available on multiple open architecture retirement platforms.
About the Hires
Tim Bottomly joins Stadion as a Vice President with more than 12 years’ experience with broker dealers and institutional investments. In his role, Tim will be responsible for overseeing sales in Maine, Rhode Island, Vermont, New Hampshire and Massachusetts. Before joining Stadion, Bottomly worked as a regional external wholesaler for Beaumont Capital Management in Massachusetts and was responsible for ETF strategy sales in the New England area. Prior to that, he held various roles at Paychex and MFS Investment Management. He received his BBA from the Catholic University of America.
Eric Butler also joins Stadion as a Vice President and brings more than 12 years’ experience to the company. Butler oversees Stadion’s sales in Arizona, Colorado, New Mexico, Utah and Wyoming. He joins the firm from Sowell Management Services, where he most recently served as Director of Business Development, overseeing the company’s sales and marketing teams. Prior to that, Butler held various roles at several firms, including Hatteras Funds, Advisors Asset Management, Transamerica Capital and REPTECH. He received his bachelor's degree in Marketing from Metro State University.
Carey Robinson, Vice President, has over 20 years’ experience growing mutual fund and annuity sales in California, Nevada and Hawaii and will oversee Stadion’s sales efforts in Southern California. Immediately prior to joining Stadion, he served as an external wholesaler for Protective Life Insurance Company where he was responsible for relationship building, consultative sales and marketing activities. He started his career at Ameriprise Financial in 1997, where he focused on mutual fund sales and practice management. He holds a bachelor’s degree in Business Administration from the University of Northern Iowa.
Brian Peterson also joins Stadion as a Vice President and comes with more than 12 years’ experience. In his role, he’ll be responsible for overseeing sales in North Carolina, South Carolina, and Virginia. Before joining Stadion, Peterson worked as a regional external wholesaler for Moody Securities where he was responsible for relationship building and the development of a value add program for the firm. Prior to that, he held various roles at Principal Funds and Bankers Life & Casualty. He received his bachelor’s degree in Business Administration from the University of South Carolina.
About Stadion Money Management
Established in 1993, Stadion Money Management is an independent firm headquartered near Athens, Georgia. Stadion’s proprietary money management focuses on asset allocations using ETFs and liquid alternative strategies designed to minimize risk while achieving investor objectives. As of 9/30/17, Stadion managed approximately $3.3 billion. Visit Stadion Money Management at www.stadionmoney.com.
Stadion’s TargetFit strategies are designed to offer an asset allocation that becomes more conservative over time. Every TargetFit glide path utilizes three components in different blends designed to offer varying levels of risk exposure. The three components are: Strategic Equity, Strategic Fixed Income, and Flex. The Strategic Equity component remains fully invested in equity positions at all times, while retaining the ability to strategically adjust the allocation among various equity positions. The Strategic Fixed Income component remains fully invested in fixed income positions at all times, while retaining the ability to strategically adjust the allocation among various fixed income positions. The Flex component is actively managed between equity positions, fixed income positions, and cash/cash equivalents depending on the risk level of the market as determined by Stadion’s proprietary Short Term and Long Term models, which are each applied to 50% of the Flex.
There are risks involved with investing, including possible loss of principal. Exchange traded funds (ETFs) are the primary underlying investment vehicle. There are additional costs and potential risks associated with investing in domestic and international ETFs. Investment in the funds is subject to investment risks, including, without limitation, market risk, management style risk, risks related to “fund of funds” structure, sector risk, fixed income risk, tracking risk, risks related to ETF net asset value and market price, foreign securities risk, risks related to portfolio turnover and small capitalization companies risk. Since each fund is structured as a “fund of funds” an investor will indirectly bear fees and expenses charged by the underlying ETFs in addition to the Fund’s direct fees and expenses. Acquired ETF fees will vary due to the active management of the ETF allocations. This material should not be viewed as advice or recommendations with respect to asset allocation or any particular investment. Before investing in any investment portfolio, the client and financial professional should carefully consider client investment objective, time horizon, risk tolerance, and fees.
Each target date allocation is created and retired according to a pre-determined schedule related to the relevant target date.
Past Performance is no guarantee of future results. Investments are subject to risk, and any of Stadion's investment strategies may lose money.
StoryLine is a marketing term associated with investment advisory services and products provided by Stadion Money Management, LLC. Certain of the StoryLine accounts and funds utilize exchange-traded funds that bear the SPDR® trademark to implement Stadion’s investment strategy. Stadion receives both an annual payment and reimbursement for certain marketing and other assistance in connection with the StoryLine Accounts from State Street Global Advisors or its affiliates in connection with Stadion’s use of SPDR® ETFs in the StoryLine Accounts. StoryLine is not managed, sponsored or endorsed by State Street Global Advisors or its affiliates and is not guaranteed by Stadion or its affiliates or by State Street Global Advisors or its affiliates. No party makes any representation or warranty, express or implied, regarding the advisability of investing in the StoryLine Accounts, including “StoryLine. Built with SPDR® ETFs.” State Street Global Advisors has no obligations to take into consideration the StoryLine Accounts or investors in the StoryLine Account when managing or creating SPDR® ETFs. Standard & Poor’s®, S&P®, S&P 500®, Standard & Poor’s 500, 500, Standard & Poor’s Depositary Receipts, and SPDRs® are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use State Street Global Advisors Funds Distributors, LLC.
Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC(S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
Past performance is no guarantee of future results. Investments are subject to risk, and any of Stadion’s investment strategies may lose money.
