Potomac Blows past $1.2 billion, Launches on Two New Distribution Channels and Sets Stage for the Next Chapter
Potomac Fund Management, Inc. ("Potomac"), an investment strategist, is pleased to announce its Conquer Risk mutual funds are now available at Interactive Brokers, and both its mutual funds and model strategies are now available at Fusion Capital Management.
"As much as we have accomplished in the past three years, we're just getting started," said Jeff Goodnow, Chief Growth Officer of Potomac. "Expanding the availability of our funds and models, paired with the growing reach of our sales team, increases our potential exponentially."
The news comes in concert with the addition of five key hires, setting the stage for ambitious AUM goals in their next chapter of growth. Potomac continues to expand nationally, and work with companies to add risk-managed solutions.
"We have spent the last 9 months building a sales team from the ground up, and the recent key additions will cement us with a national presence. This business is still about building relationships, and boots on the ground is how you accomplish it," said Manish Khatta, CEO of Potomac.
See below for more on the backgrounds of Potomac's latest hires:
- Gary Shilman, Directors of Key Accounts: Based in Massachusetts, Shilman will drive fund and model adoption across key relationships with Potomac. Prior to joining Potomac, Shilman was the Strategic Accounts Director at BTS Asset Management.
- Mark Ruhe, Regional Consultant: Based in Ohio, Ruhe will support developing new sales in the North Central. Prior to joining Potomac, Ruhe was a Regional Vice President, Annuities at TruStage.
- Brian Dumonte, Regional Consultant: Based in Washington, Dumonte will support developing new sales in the Northwest. Prior to joining Potomac, Dumonte was a Relationship Manager at Adhesion Wealth Advisor Solutions.
- Emilio Estrada, Business Development Associate: Based in Texas, Estrada will support relationship building in the Western Regions. Prior to joining Potomac, Estrada was a Regional Vice President at Longboard Asset Management.
- Remy Flig, Digital Marketing Associate: Based in Georgia, Flig will drive the execution of campaigns across multiple distribution points and serve as a bridge between the sales and marketing teams. Prior to joining Potomac, Flig was a Demand Generation Specialist at Mondo and a Business Development Representative at Nitrogen.
Potomac's model strategies enable advisors to match the right investment or combination of investments for each investor's needs, while their mutual funds provide the advisor as portfolio manager access to a tactically managed solution built to conquer risk. Potomac now manages over $1.2B in AUM/AUA as of 08/31/23.
To learn more about Potomac Fund Management, click here.
About Potomac Fund Management
Headquartered in Miami, Florida, Potomac Fund Management ("Potomac") is an investment strategist firm for financial advisors. Potomac supports advisors with the resources best suited for their individual businesses. Each avenue is built on Potomac's core belief that financial success is about more than hitting a number twenty years into the future; it is about feeling confident as you get there.
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