Summary
Overview
Work History
Education
Accomplishments
Additional Information
Timeline
Generic

Mark Ouimet

West Chester

Summary

  • Accomplished distribution executive with 25 years of industry experience including senior roles within global asset management businesses and "emerging manager" platforms
  • Versatile and proactive National Sales Manager with highly advanced business development, personnel management, and team leadership skills. Experienced in multi-channel business development including global financial institutions, national & regional BDs, family offices, and RIAs

Overview

28
28
years of professional experience

Work History

Executive Director, National Sales Manager

ProFunds / ProShares
11.2013 - Current
  • Developed and executed strategic distribution plan to redefine and transform ProShares in the financial intermediary space resulting in growth of 3,500% over 10 years.
  • Recruit, train and provide hands-on leadership to external, internal, and business development teams
  • Provide tactical direction to align sales process / product offering with nuanced needs of specific key clientele
  • Establish and maintain strategic relationships with home office executives, platform personnel and field sales management across sub-channels
  • Leverage proprietary and non-proprietary data & business intelligence to improve sales effectiveness and enhance territory management

Managing Director

AlphaOne Capital Partners
10.2010 - 10.2013
  • Manage US and European fund raising activities to financial institutions, SFO, FOF, OCIO, RIAs, endowments, and foundations
  • Established and maintained relationship network of C-Suite executives, research analysts and key decision makers.
  • Collaborate with cross-functional teams on development / launch of new hedge fund & 40-act products
  • Manage relationships with tier-1 prime broker and cap-intro groups
  • Coordinate portfolio management, operational, legal, and pertinent service providers with respect to distribution activities

Senior Business Development Manager, FIG - US

Aberdeen Asset Management
11.2008 - 10.2010
  • Coordinated the reorganization of distribution from wholesale to home-office focused
  • Redesigned the sales process by aligning affiliated resources with key decision makers at target firms including executive leadership, business managers, and advisory personnel.
  • Identify, secure and negotiate terms related to shelf space and product placement opportunities within the wirehouse, independent, bank, RIA channels.
  • Primary US business development delegate to the Global Financial Institutions Group

National Sales Manager, Senior Vice President

Nationwide Funds / Aberdeen Asset Management
03.2003 - 11.2008

Nationwide / Gartmore was acquired by Aberdeen Asset Management in 2007

  • Manager and registered principal responsible for retail sales, key accounts, and marketing
  • Collaborate inter-departmentally to ensure compliance and sales training
  • Maintain daily interaction with sales team to coach, motivate, and promote effectiveness
  • Executed segmented sales & marketing plan which led to 12 quarters of record sales profitability
  • Directed key account effort focused on optimizing shelf space at wirehouse and independent BDs
  • Developed and maintained sales forecasts, budgets, and compensation plans

National Sales Manager, Senior Vice President

Groupama Asset Management
05.1998 - 03.2003

(Groupama was acquired by Nationwide / Gartmore in 2003)

  • Recruited and managed wholesale team responsible for separate account and mutual fund sales
  • Defined and executed business plan for financial intermediary channel which contributed to a 10X growth in AUM ($500mm - $6B)
  • Initiated program standardizing wholesaler training including presentation skills, territory management and client development
  • Developed the firm's first commission based variable compensation program

Vice President, Fixed Income Sales

Prudential Securities
08.1996 - 05.1998
  • Capital markets business development coordinator focused on improving distribution of municipal securities within proprietary brokerage channel.

Education

Bachelor of Science - Marketing

Southern Connecticut State University
New Haven
1991

Accomplishments

  • Developed and executed strategic distribution plan to redefine and transform ProShares in the financial intermediary space resulting in growth of 3,500% over 10 years.
  • Recruited, trained and provided hands-on sales leadership to internal & external team resulting in 7 years of significant asset growth and record AUM.
  • Secured $275mm in capital for emerging hedge fund targeting family office, FOF, RIA and endowment programs (AlphaOne)
  • Led the restructuring of product distribution from "wholesale" to "home-office" focus and provided tactical leadership to the US Financial Institutions Group (Aberdeen)
  • Built, trained and led comprehensive distribution team including external & internal sales, key accounts, specialists, and marketing personnel (Gartmore / Nationwide Funds)

Additional Information

Licenses: Series 24, 7, 63

Interests: Motorcycle racing, mountain biking, endurance racing, physical fitness

Timeline

Executive Director, National Sales Manager

ProFunds / ProShares
11.2013 - Current

Managing Director

AlphaOne Capital Partners
10.2010 - 10.2013

Senior Business Development Manager, FIG - US

Aberdeen Asset Management
11.2008 - 10.2010

National Sales Manager, Senior Vice President

Nationwide Funds / Aberdeen Asset Management
03.2003 - 11.2008

National Sales Manager, Senior Vice President

Groupama Asset Management
05.1998 - 03.2003

Vice President, Fixed Income Sales

Prudential Securities
08.1996 - 05.1998

Bachelor of Science - Marketing

Southern Connecticut State University
Mark Ouimet