ML Stern, an affiliate of Pacific Life Insurance Co. that caters to high-net-worth investors, will sell Curian Capital’s separately managed account program.

"ML Stern has a tremendous vision and passion for helping its financial advisors thrive in an extremely competitive environment," said James Vitalie, executive vice president, strategic development, at Curian. By selling Curian’s SMA platform, "ML Stern has positioned itself to benefit from the wave of growth occurring in that market segment."

Mickey Stern, CEO of ML Stern, said he decided to offer Curian’s SMAs, with their $25,000 account minimum, because of the growing interest in these products.

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