Federated Investors has added two positions to its institutional sales team, spokeswoman Elizabeth Krah said.
Theo Williams was named consultant relations and national accounts salesman, while Paul Buckwalter was appointed consultant relations associate. Both positions are new.
Mr. Williams is based in New York and focuses on due diligence teams within Federated's national accounts. Mr. Buckwalter, meanwhile, is based in Pittsburgh and responsible for both calling on institutional consultants and also supporting the rest of the institutional sales team.
Both report to James M. Heaton, senior vice president, national sales manager. Mr. Williams was vice president on the manager research consultant team at BlackRock, while Mr. Buckwalter was senior internal sales representative at Federated. Mr. Buckwalter’s position has not been filled. BlackRock spokesman Brian Beades could not be reached by press time.
Federated Investors had $355.8 billion in assets under management at March 31.