New Jersey-based Brokerage Firm Appoints Ted Breen and Nathan Ibarra as Regional Vice Presidents
PARSIPPANY, N.J., June 17, 2015 /PRNewswire/ — Hennion & Walsh, a provider of investment services and advocate for individual investors, announced today the appointments of Ted Breen and Nathan Ibarra as Regional Vice Presidents for its proprietary SmartTrust® Unit Investment Trust (UIT) business, strengthening its coverage throughout the Northeast. Both Ted and Nathan will report to Dave D’Arcangelo, National Sales Manager.
“With the appointment of these two key new hires, we reinforce our commitment to helping advisors recommend appropriate investment strategies to their clients more efficiently as well as enhancing our wholesaler coverage throughout the U.S.,” said Bill Walsh, President of Hennion & Walsh. “Both Ted and Nate’s wealth of knowledge and experience, along with their entrepreneurial spirit, further deepens our bench of sales talent.”
Ted Breen, who joined the firm this month, will be responsible for covering the New England territory – from Maine to Southern Connecticut. Ted has more than 20 years of wholesaling experience in New England. Previously, Ted served as a Regional Vice President for Realty Capital Securities, and prior to that Ted was responsible for wholesaling funds at Colonial Funds, John Hancock Funds and Wells Real Estate Funds.
Nathan “Nate” Ibarra, who also joined the SmartTrust® team this month, will be responsible for overseeing the New York Metro and upstate New York sales territories. Prior to joining the firm, Nate spent his career wholesaling UITs for Claymore Securities and First Trust prior to moving to the institutional side of the business with Standard and Poor’s and Christian Brothers Investment Services.
“We are very excited to have Ted and Nate join the firm and strengthen our team of experts at SmartTrust®,” said Kevin Mahn, Chief Investment Officer at SmartTrust®. “Their decades of wholesaling experience will be a valuable asset to further growing the Hennion & Walsh and SmartTrust® brands in addition to enhancing our ability to deliver first-class client service and sales support.”
SmartTrust® is a family of UITs offering diversified income and total return opportunities through innovative investment strategies. SmartTrust® UIT assets grew by 505 percent between 2009 and 2014, while the number of Trusts outstanding grew by more than 878 percent over the same period.
For more information about SmartTrust® UIT products, please contact the firm’s Internal Support Desk at 888-505-2872, or visit www.smarttrustuit.com.
About Hennion & Walsh
Hennion & Walsh, a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investor’s fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 18,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com. Hennion & Walsh is a member of FINRA and SIPC.