Forward has expanded its institutional and intermediary sales forces with a slew of new hires.

Clay Smudsky has been appointed Managing Director, Head of Distribution, a new position at Forward. In his new role, Smudsky will be in charge of all of Forward’s business development and client service activities. He previously held the position of president, Institutional at Forward. According to CEO Alan Reid, Forward created the new position “to better align its sales activities and messaging across client segments as the firm grows.”

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