Will Focus on Growing Newly-Formed Westrock Institutional Group and Westrock Asset Management
Westrock Group, Inc., a financial services holding company, today announced that Dana Reed has joined the firm as Head of Marketing. Ms. Reed will be responsible for overseeing all marketing and business development activities at Westrock, with a focus on growing the newly-formed Westrock Institutional Group and Westrock Asset Management.
“Dana brings a wealth of institutional client service expertise to Westrock. Her track record of success in investment banking and institutional sales demonstrates her keen ability to connect with people and grow relationships,” said Donald H. Hunter, Jr., President and Chief Executive Officer of Westrock Group. “In the new competitive landscape, the quality of your people and their ability to assist clients is paramount. Dana will be an asset to our firm.”
“I’m delighted to be joining Don and the team at Westrock,” said Ms. Reed. “I’m especially excited about the prospects of growth for both Westrock Institutional Group and Westrock Asset Management. Westrock has already established itself as a wealth manager of choice for individuals by offering customized products and a transparent investment process. I look forward to helping Westrock expand its presence among institutions.”
On September 9, 2009, Westrock Group announced it had been acquired by the Lower Brule Sioux Tribe of Lower Brule, South Dakota, making it the first 100% tribally owned financial services firm and one of the largest minority-owned financial services firms in the country. The firm’s Westrock Asset Management subsidiary recently entered into a joint venture with Creighton Capital Management. The joint venture will offer quantitative portfolios to institutions and other qualified investors.
Most recently, Ms. Reed was a Vice President in Institutional Sales at Friedman, Billings, Ramsey, where she began working in 2002. She earlier held positions in the investment banking divisions of J.P. Morgan, and Utendahl Capital Partners, where she helped start the firm’s corporate finance and advisory practice. She began her career in 1996 in the investment banking division of Goldman Sachs & Co. She received her M.B.A. from Howard University and also received her Bachelor of Business Administration degree from Howard University.
About Westrock Group, Inc.
Headquartered in New York, Westrock Group, Inc., is a financial services holding company offering a range of institutional and wealth management services. The Group is comprised of three subsidiaries: Westrock Advisors, Westrock Institutional Group and Westrock Asset Management.
Founded in 1995, Westrock Advisors is the firm’s flagship full-service independent broker-dealer. Dedicated to the needs of institutional and qualified investors, Westrock Institutional Group and Westrock Asset Management were established in August 2009. As of June 30, 2009, the firm had approximately $1.4 billion in assets under management and 150 employees. http://www.westrockgroupinc.com
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