Placemark Investments Inc. promoted Scott Egner to national sales manager and senior vice president.
Mr. Egner will direct the North American adviser sales team for Placaemark, a provider of active overlay portfolio management services.
Mr. Egner, 44, joined the company in 2004 and works out of its Wellesley, Mass., office. He has worked with Placemark's sponsor clients to promote unified managed account programs to their financial advisers. His promotion was announced Tuesday.
Placemark also promoted Brett Rainey, to vice president of investment operations. Mr. Rainey, 35, who joined Placemark's Dallas office last year, coordinates day-to-day business operations, including new accounts, reconciliations, account services, trading, and performance and pricing.
Mr. Rainey previously worked at MFS Investment Management.
Placemark outsources unified managed account platforms. It doubled its assets under management from April to the end of November, to $4 billion, as more companies began to launch such platforms. Placemark manages more than $5.5 billion of assets as the active overlay manager for unified managed accounts and multidiscipline separately managed account programs.
