We appreciate the hard work and dedication the Quasar team has shown during the years and wish them all the best as they transition to Foreside,” said Joe Neuberger, head of US Bank Global Fund Services. We have historically had a strong working relationship with Foreside and expect that relationship to continue into the future given the complementary nature of our businesses. “With Foreside’s investment and core capabilities in the mutual fund and ETF distribution space, Quasar should thrive while remaining true to its strengths. Quasar has carved out a niche during the past 20 years that has opened it up to growth opportunities outside of US Bancorp. Quasar’s current clients range from small to large asset management firms, focused on mutual funds and ETFs. “Our inorganic growth continues to fuel our organic growth, as acquisitions like this one allow us to expand our service offerings and provide better strategic counsel and service to our clients.” “Foreside is excited for the potential this acquisition provides to broaden our wide range of compliance and regulatory service offerings to clients based all over the US,” says Dave Whitaker, President of Foreside. The transaction will introduce Foreside’s customizable compliance solutions and outsourcing support to all current Quasar clients, while strongly focusing on expanding Foreside’s broker-dealer capabilities, including dealer clearing services. James N Wolfe, who also goes by Nick Wolfe, James Nicholas Wolfe, is a financial advisor at QUASAR DISTRIBUTORS, LLC located in Milwaukee, Wisconsin and. With over USD1 trillion in assets under distribution, Foreside continues to grow its market share rapidly. The Jensen Funds are distributed by Quasar Distributors, LLC. The acquisition will also expand Foreside’s internal team and client base, with the addition of more than 200 current Quasar clients, 26 employees and a new office location in Milwaukee, WI. Get information, directions, products, services, phone numbers, and reviews on Quasar Distributors in Milwaukee, undefined Discover more Business Services. Mutual fund investing involves risk, and principal loss is possible. The acquisition will make Foreside one of the largest third-party fund distributors globally. The transaction is expected to close sometime in the first quarter of 2020. Foreside Financial Group (Foreside), a provider of regulatory and compliance service and technology offerings to clients in the global asset and wealth management industry, is to acquire US Bancorp’s mutual fund and exchange-traded funds (ETFs) distribution business, Quasar Distributors.

Quasar distributors