Destra Expands Revolutionary Franchise Model with Key Regional Hires
August 23, 2011
Experienced Sales Team Delivers Greater Opportunities to Advisors and Their Clients
LISLE, Ill. – August 19, 2011 – Destra Capital Investments, an investment firm specializing in offering unique strategies that pursue responsible alpha, has announced the expansion of its sales team, including several new hires who will lead franchises in key regions. Destra’s franchise operator model is the first of its kind for an investment firm, aligning the interests of asset managers and sales team members with those of financial advisors and their clients.
“Our unique model gives our sales team a vested interest in meeting the exact needs of financial advisors and their advisor clients. We have developed an innovative compensation structure and distribution system that encourages our team to build a durable asset base and places a greater emphasis on building long-term relationships, not just seeking new business,” said Destra CEO Dominic Martellaro. “Our goal is to attract an experienced sales team to provide advisors with new and unique investment strategies and this model allows us to deliver on that goal efficiently and effectively, while giving our sales force the freedom to adopt best practices that are right for their region.”
Since its inception, Destra’s model has attracted some of the industry’s most-experienced sales members, with an average of over 15 years in the financial industry. The firm’s franchise operators include:
- James Yount, Senior Managing Director, Franchise Development
- Mark Linnecke, Managing Director, California, and RIA
- Terry Riordan, Director, California
- Dave Hogaboom, Managing Director, Great Lakes West
- Larry Johns, Managing Director, Great Lakes East
- Gary Chubb, Director, Great Lakes East
- Bill Fow, Managing Director, New York
- Keith Watts, Managing Director, South and RIA
- Eric Hargens, Managing Director, Southeast
- Steve Wilson, Director, RIA
“Unlike current wholesale models that focus on new sales, Destra’s sales model compensates and incentivizes franchise operators similarly to fee-based advisors, leading to greater client retention and satisfaction.” said Mr. Martellaro. “We believe this is a revolutionary model and the caliber of the individuals it has so far attracted are a testament to its potential.”
For more information about Destra, please contact James Doyle at 973-850-7308 or firstname.lastname@example.org.
About Destra Capital Management
Destra Capital Management LLC is the parent company of Destra Capital Advisors, an investment management advisor, and Destra Capital Investments, an investment distributor that specializes in connecting financial advisors with original and differentiated strategies. Destra partners with premier institutional investment managers who are uniquely positioned to pursue superior performance while managing downside risk. The company’s strategies are currently available through sub-advised mutual funds. Destra is headquartered in Lisle, Ill. For more information, visit www.destracapital.com.