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12/01/2006
- Vector
Variable Annuity
And Vantage Advisors,
LLC Select Mesirow
Financial Investment
Strategies As An
Investment Advisor
RALEIGH, N.C./EWORLDWIRE/Dec.
1, 2006 --- Vantage
Advisors, LLC, a
Boston-based registered
investment advisor,
has engaged Mesirow
Financial Investment
Strategies to provide
strategic asset
allocation portfolios
in Midland National
Life's Vector II
Variable Annuity.
This appointment
provides Vantage
Advisors' extensive
network of independent
financial advisors,
TPIAs and wholesalers
with access to Mesirow
Financial's industry-leading
asset allocation
methodology, the
PrecisionAlpha process.
Vantage Advisors,
LLC, specializes
in the design of
investment management
vehicles in variable
annuity
platforms. Through
this engagement,
Mesirow Financial
Investment Strategies
will analyze the
investment
options within the
annuity contracts
and construct dynamic
asset allocation
models designed
to maximize
returns over time
while satisfying
an investor's risk
tolerance. At the
core of its methodology
is the
PrecisionAlpha process,
which utilizes unique
quantitative and
qualitative measures
to more precisely
estimate an investment
manager's probability
of achieving alpha.
"In selecting
Mesirow Financial
Investment Strategies
we have achieved
our primary goal,
which is to provide
financial advisors
with access to the
best asset allocation
managers available,"
says Tom Ashton,
president of Vantage
Advisors. "It
has developed the
most advanced and
forward-looking
methodology for
fund selection and
asset allocation
in the industry
today."
"Mesirow
Financial's PrecisionAlpha
process helps establish
the Vector II Variable
Annuity as an innovative
investment vehicle
that will breathe
new ideas into a
crowded look-alike
marketplace,"
says Elliott Shifman,
president of Outer
Banks Financial,
LLC, who designed
the Vector II Variable
Annuity in partnership
with
Midland National
Life. "The
Vector II Variable
Annuity combines
the latest innovations
in both product
design
and investment oversight
and fund selection
to offer a dynamic
choice for advisors
and their clients."
Mesirow Financial
launched its Investment
Strategies business
in May, 2006. The
team is led by Mark
Kowalczyk and Michael
Annin, managing
directors, both
formerly of Ibbotson
Associates. "We
are exited about
our new relationship
with Vantage Advisors,
LLC and look forward
to the opportunities
this presents not
only for our firms
but also for the
many investment
professionals who
rely on superior
investment management
in servicing their
clients," comments
James C. Tyree,
chairman and CEO
of Mesirow Financial.
Founded in 2002,
Vantage Advisors,
LLC, is a Boston-based
registered investment
advisor. The firm
represents some
of the nation's
best Third Party
Investment Advisors
(TPIAs) and provides
access to some of
the most noted money
managers through
its national wholesaling
network. Led by
its President, Tom
Ashton, Vantage
Advisor Group, LLC
specializes in the
design of investment
management vehicles
in variable annuity
platforms. For more
information about
Vantage Advisor
Group, LLC, visit
www.thevantage.com.
Mesirow Financial
is a diversified
financial services
firm headquartered
in Chicago. Founded
in 1937, it is an
independent employee-owned
firm with nearly
$30 billion in assets
under management,
advisory and custody,
and more than 1,100
employees in locations
across the country
and in Puerto Rico.
With expertise in
investment management,
investment services,
insurance services,
investment banking,
consulting and real
estate, Mesirow
Financial has consistently
met the financial
needs of investing
institutions, public
sector
entities, corporations
and individuals.
For the fiscal year
ended March 31,
2006, the firm posted
revenues of
$364 million and
had $180 million
in capital. For
more information
about Mesirow Financial,
visit its Web site
at
www.mesirowfinancial.com.
Midland National
is one of the leading
insurance companies
in the country.
The company has
enjoyed steady
growth, stability
of leadership and
industry success
over the course
of its history.
At year end 2005,
Midland National
had over $110 billion
in life and over
$18.8 billion in
assets.
Outer Banks Financial,
Vantage Advisors,
Midland National
Life and Sammons
Securities Company
are not
affiliated companies.
Sammons Securities
distributes Midland
National's variable
securities products.
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