Alger Expands Sales Team Calling on Financial Advisors

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Fred Alger & Company, Inc. announced three new additions to their external sales team calling on financial advisors, which comes in response to the firm’s continuing commitment to the financial advisor community.

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Jeffrey, Steven, and Ryan have a wealth of knowledge that will help financial advisors serve their clients.

Fred Alger & Company, Inc. (Alger), a leading asset management firm, announced three new additions to their external sales team calling on financial advisors, which comes in response to the firm’s continuing commitment to the financial advisor community.

Jeffrey P. Leone, joins as Vice President, Regional Marketing Manager for the Maryland, Virginia, and Washington D.C. markets. Jeff brings over 12 years of experience in the investment industry. Previous to joining Alger, Jeff called on advisors in Virginia for Planco/Hartford. Additionally, Jeffrey served as an Infantry Squad Team Leader for the United States Army. He is a graduate of the University of Connecticut.

Steven J. Zimmerman joins as Vice President, Regional Marketing Manager for Michigan and Ohio. Steve called on financial advisors in this region for Pyxis Capital before joining Alger. Steve has over 11 years of financial services experience and is a graduate of Michigan State University with an M.B.A. from University of Phoenix.

Alger is also very pleased to announce that Ryan MacPhee, who joined Alger in 2010 as a Regional Marketing Associate, has been promoted to Vice President, Regional Marketing Manager for Texas. Ryan has distinguished himself as an effective and successful Regional Marketing Associate at Alger, with a track record of strong client relationships. Alger is particularly proud to, once again, promote from its stable of strong internal candidates. Ryan is a graduate of Washington and Lee University and has three years of investment industry related experience.

“I’m quite pleased to announce the addition of these three individuals to our external sales team, each of whom has experience developing relationships with financial advisors” said Liz Clapp, National Sales Manager. “Jeffrey, Steven, and Ryan have a wealth of knowledge that will help financial advisors serve their clients. The Alger sales team is an exceptionally talented group of individuals with a strong commitment to their clients.”

“Alger is making a continuing investment in talent by expanding both our investment and sales teams this year,” said Dan Chung, CEO and Chief Investment Officer of Fred Alger Management, Inc. “We offer opportunities for talented individuals to join our firm, and we enable existing strong contributors a career path for growth.”

About Fred Alger Management, Inc.

Fred Alger Management, Inc. was founded in 1964 and as of March 31, 2012 managed approximately $17 billion. Alger's investment philosophy is focused on discovering companies undergoing Positive Dynamic Change, which we believe offer the best investment opportunities. Alger investment strategies are available to institutional investors through separate accounts and mutual funds and to retail investors through Alger mutual funds. Fred Alger & Company, Incorporated, a broker-dealer and the parent company of Fred Alger Management, Inc. offers mutual funds as well as institutional funds for defined benefit and defined contribution plans. For more information, please visit http://www.alger.com.

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