Paul is a valuable addition to the team that will oversee Quaker Funds’ sales growth, assist with ongoing product innovation, and support the large-scale distribution needs of its enterprise wealth management clients.
BERWYN, PA (PRWEB) October 05, 2016
Quaker Funds, Inc., a provider of mutual fund solutions to the advisory community, today announced the appointment of distribution veteran, Paul Abdenour, as its President. Throughout his career, Paul has enjoyed success building meaningful distribution across the industry’s leading wealth management platforms, broker-dealers, and banks.
Paul is a valuable addition to the team that will oversee Quaker Funds’ sales growth, assist with ongoing product innovation, and support the large-scale distribution needs of its enterprise wealth management clients. In addition to serving as President, Paul will also join the company’s steering and operating committees.
Prior to joining Quaker, Paul served as Vice President of Business Development at Wilshire Associates, where he enjoyed consistent success building platform distribution across Envestnet, Cetera, and FTJ Fundchoice.
“Paul possesses a unique perspective on the mega trends impacting the wealth management industry spanning advisor-centric fee challenges, to goals-based thought leadership. Offering solutions that address these issues presents an opportunity to drive Quaker’s future AUM growth.,” said Jeff King, Chairman and CEO of Quaker Funds.
“The biggest transition taking place across our industry is the commoditization of advice. With this comes a critical need to lead with a sound asset allocation approach. Investors deserve holistic advice and personalized options when it comes to their wealth management needs. I look forward to the challenge in front of our team, and I am grateful for the opportunity to lead this initiative,” said Paul Abdenour.
Today Quaker is positioned at the forefront of the convergence of technology, investments, and advice. Through a strategic partnership with Fingenix, PBC, they are executing on the delivery of a next generation investment platform designed to provide model portfolios, primary investment research, and thought-leadership content.
About Quaker Funds¬¬
Quaker Funds is a boutique asset manager based in Berwyn, PA, and has been serving advisors and clients since 1996. From its inception, the firm has been part of the evolution of the wealth management industry. An evolution that is in full effect today as we witness the movement from returns-focused solutions to outcome-focused solutions. http://www.QuakerFunds.com