RidgeWorth Investments has said that it is planning to grow its sales teams by 30%.
According to the company, the move is in response to growing demand for its investment products from financial advisors and institutional investors.
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Staffing plans will result in a one-to-one ratio of internal to external wholesalers.
RidgeWorth added that additional specialists will be added to support institutional sales efforts, including two members dedicated to uncovering opportunities internationally.
"We’re excited about our growth potential and are investing in new talent to expand our distribution team," said Ashi Parikh, RidgeWorth CEO and CIO.
"RidgeWorth’s positive momentum continues, and we are strategically positioning ourselves for ongoing success in 2014," Parikh added.
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