Advisors Asset Management Expands Municipal Fixed Income Capabilities With The Appointment Of Roberto Roffo

MONUMENT, Colo., June 3, 2013 /PRNewswire/ -- Advisors Asset Management (AAM), a leading income solutions and support services provider to financial advisors, has hired Roberto Roffo as Senior Vice President and Portfolio Manager to expand its tax-exempt management capabilities, primarily with municipal fixed income strategies.

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Mr. Roffo, who has more than 20 years of portfolio management experience, will use his insights and expertise to enhance AAM's current offerings and build out new strategic initiatives.

AAM offers advisors access to the fixed income markets, as well as portfolio analytics, unit investment trusts (UITs), structured products, separately managed accounts (SMAs) and mutual funds.

"I'm thrilled to be joining the seasoned and insightful team of fixed income experts at AAM, and to be responding to the growing interest in tax-exempt, municipal strategies in this challenging market," said Mr. Roffo, who is based in AAM's Princeton, N.J., office. "I see the demand for municipal bonds building as investors seek out new strategies to avoid higher tax rates and minimize volatility."

Prior to joining AAM, Mr. Roffo was the Managing Director/Senior Portfolio Manager of SMC Fixed Income Management, LP for seven years, during which time he assisted in the development of the largest municipal fixed income offering for a UIT. AAM was the product sponsor and primary distributor for that UIT, the Insured Tax Exempt Municipal ("ITEM") Portfolio.

Previously, Mr. Roffo served as the Managing Director at Claymore Advisors and Director for Merrill Lynch Asset Management, where he was recognized by Lipper Analytical as a Top Performing Fund Manager from 1998-2002.

"Advisors are continually looking for ways to provide income to their clients, and are also bracing to prepare portfolios for a rising interest rate environment over the next few years," said Scott Colyer, Chief Executive Officer and Chief Investment Officer of AAM. "Roberto will be instrumental in building out income solutions for that environment, using his deep industry knowledge to help advisors brave the impending rising rate storm with municipal bonds."

Unit Investment Trusts (UITs) are sold only by prospectus. Investors should consider the trust's investment objectives, risks, charges and expenses carefully before investing. Additionally, investors should consult their financial professional or visit Advisors Asset Management online at www.aamlive.com/uit to obtain a prospectus which contains other information about this trust Read it carefully before you invest or send any money. As with any investment, investors may lose money by investing in UITs and the trust may not perform as well as expected. Investing in a UIT is a long-term strategy and investors should consider their ability to invest in successive trusts. Investors also should consult a tax professional regarding the tax implications associated with investing in UITs.

For more information about Advisors Asset Management, please contact Chris Moon at 973-850-7304 or [email protected].

About Advisors Asset Management

For more than 30 years, Advisors Asset Management (AAM) has been a trusted investment solutions partner for financial advisors and broker-dealers. AAM provides a diverse range of innovative, high-quality products and support services that enable advisors to meet their clients' needs. It offers access to the fixed income markets, as well as portfolio analytics, unit investment trusts (UITs), structured products, separately managed accounts (SMAs) and mutual funds. In addition, the firm offers highly specialized sales support services to advisors on an ongoing basis. AAM has ten major offices across the nation and partners with more than 90 broker/dealers. AAM is a broker/dealer, member FINRA/SIPC and SEC registered investment advisor. For more information, visit www.aamlive.com.

CONTACT:
Chris Moon
Jennifer Connelly Public Relations 
973-850-7304
[email protected]

SOURCE Advisors Asset Management