Minneapolis-based U.S. Bancorp Asset Management said Dale Kurtz has been named the firm's new key accounts manager for U.S. Bancorp Asset Management and First American Funds. Kurtz will focus on establishing strategic asset-management relationships to increase distribution of the firm's investment products and services through third-party channels.

"Under Dale's leadership, we have strategic plans to expand our sales efforts outside our successful internal sales channels," said John Gibas, senior managing director. "Dale's appointment underscores our drive to expand and broaden our distribution capabilities through strategic, third-party partnerships."

Third-party channels will include broker-dealer relationships, bank and insurance company 401(K) plans, insurance company variable annuity platforms, institutions sponsoring fund-of-funds and wrapped-fee products, as well as trust companies and asset managers focused on the

high-net-worth marketplace, the company said.

Kurtz has more than 20 years of experience in financial-services sales and marketing, most recently serving as managing director for product distribution at Jundt Funds and Jundt Alternative Investments in Minneapolis. Before that he was the vice president of product marketing at American Express Financial Corp. in Minneapolis and vice president of financial advisory services at Delaware Investments in Philadelphia.

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