First Mercantile Adds Adam Patterson to Investment Analytics Group

MEMPHIS, Tenn., April 12 /PRNewswire/ -- Adam Patterson has joined First Mercantile's Investment Analytics Group effective March 15, 2010, as Investment Analyst.

"Adam brings to this position a wide spectrum of experience," says C. Edwin Riley, chief investment officer for First Mercantile, to whom Patterson reports.  "His extensive capabilities in several key areas will serve our clients well."

Mr. Patterson's asset class coverage will consist of small- and mid-cap equity strategies in addition to all global and international equity strategies.

Mr. Patterson began his investment career as a credit analyst with Morgan Keegan.  Most recently, he served as an institutional investment consultant with Consulting Services Group, focusing on retirement plan clients.  Riley stated, "Adam's experience as an investment consultant gives him an understanding and appreciation for our clients' needs.  He will be working very closely with our institutional money managers ensuring that our due diligence and collective investment trust platform continue to provide value to our investment professionals and their clients."

Patterson can be reached at [email protected].  For more information regarding First Mercantile, please contact your investment professional or call First Mercantile at 800-753-3682.

About First Mercantile

First Mercantile, one of the premier collective investment trust (CIT) recordkeepers in the United States, offers investment solutions for qualified retirement plans.  Employing a due diligence process, First Mercantile Trust (FMT) searches the investment universe to select non-proprietary options suited for the investment platforms.  CITs are sub-advised by institutional money managers, or invest in mutual funds or exchange traded funds (ETFs).  Also included on the investment platform are Dimensional Fund Advisor (DFA) investments, Lifestyle and Target Date options.  First Mercantile acts in a fiduciary capacity with respect to the management of the assets of the collective investment trust.  The Advisor Review Committee oversees the entire due diligence process, which includes qualitative and quantitative analysis.

These investment products are distributed through solid relationships with quality investment consultants and third party administrators.  First Mercantile offers full fee disclosure and transparency with a flexible and competitive cost structure.  FMT has a national network of seasoned, knowledgeable professionals to provide excellent client service, customer care and support.

© 2010 First Mercantile. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. www.firstmerc.com.

SOURCE First Mercantile