What are Virtus Investment Partners Inc's Business Segments?
Our Investment Products
Our assets under management are comprised of open-end funds, closed-end funds,
exchange traded funds, variable insurance funds, separately managed accounts
(intermediary sponsored and private client) and institutional accounts (traditional
institutional mandates and structured products).
Our Broker-Dealer Services
We have two subsidiaries that are broker-dealers registered under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), and are members
of the Financial Industry Regulatory Authority (“FINRA”). They serve
as principal underwriters and distributors of our open-end mutual funds, exchange
traded funds and our separately managed accounts. Our broker-dealers are subject
to the SEC's net capital rule designed to enforce minimum standards regarding
the general financial condition and liquidity of broker-dealers.
Open-end mutual fund shares, UCITS and exchange traded fund shares are distributed
by VP Distributors, LLC ("VPD") and ETF Distributors, LLC (“ETFD”)
both under sales agreements with unaffiliated financial intermediaries. VPD
also markets advisory services to sponsors of separately managed account programs.
ETFD serves as the principal underwriter and distributor of our exchange traded
funds.
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