ALPS Mutual Fund Services has promoted Traci Thelen to general counsel. Thelen replaces Russell Burke, who left the company to pursue a career path outside of legal affairs at Merrill Lynch, according to a company spokeswoman.

In her new role, Thelen, who has served as associate counsel at ALPS for three years, will oversee the company's legal department and advise clients on regulatory and compliance matters including the regulation of investment companies, investment advisors and broker/dealers.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.