Griffin Capital Securities Completes Channelization of Sales Organization
El Segundo, Calif. (September 25, 2017) – Griffin Capital Company, LLC (“Griffin Capital”) announced today that Griffin Capital Securities, LLC (“GCS”), Griffin Capital’s captive broker-dealer and distributor, completed a strategic realignment of its sales organization, a process that began in early 2017. “In an effort to better serve our broker-dealer partners and their financial advisors across our distribution channels, we reorganized our sales professionals into teams specifically focused on independent broker-dealers, registered investment advisors and wirehouse firms” commented Mark Goldberg, CEO of GCS. “We believe ‘channelization’ is a more effective means by which to serve the needs of our advisor clients” Goldberg continued.
In connection with the changes, Brady Gallagher, an industry veteran who has been with GCS for more than five years, was promoted to the position of Divisional Manager. “Brady is an outstanding wholesaler and is a very valuable addition to our sales management team” Goldberg added.
Pursuant to the sales team reorganization, GCS added new key sales team members. Effective today, GCS welcomes four new external wholesalers that will cover the IBD channel: Tom and John Dine in the Midwest territory, Alison Grant in the New England territory and Craig Arsenault in the Mid-Atlantic territory. “I am thrilled to be reunited with these professionals – they each represent an outstanding addition to the Griffin team” stated Goldberg.
Kevin A. Shields, Chairman and CEO of Griffin Capital, said, “I could not be more pleased with this important step forward. Today we are better positioned to further develop our alternative investment asset management platform as an unmatched leader in service and support to our partner firms, financial advisors and the clients they serve.”
About Griffin Capital Company, LLC
Griffin Capital is a leading alternative investment asset manager with approximately $9.5 billion* in assets under management. Founded in 1995, the privately-held firm is led by a seasoned team of senior executives with more than two decades of investment and real estate experience and who collectively have executed more than 650 transactions valued at over $22 billion. The firm manages, sponsors or co-sponsors a suite of carefully curated, institutional quality investment solutions distributed by Griffin Capital Securities, LLC to retail investors through a community of partners, including independent and insurance broker-dealers, wirehouses, registered investment advisory firms and the financial advisors who work with these enterprises.
Additional information available at www.griffincapital.com. *As of September 25, 2017.