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Atlanta Daily World
Atlanta, Fulton County, Georgia
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Robert R. Moton Jr., divisional manager for Waddell and Reed in Alabama and Georgia, received recognition for surpassing $1 million in United Funds sales in early January. His team has sold over $3 million to Black customers in five years, highlighting mutual funds' role in financial planning.
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A. F. Maderia, regional manager (Southeastern) has just presented a certificate of recognition and diamond pin to Robert R. Moton, Jr., Divisional Manager, of Alabama and Georgia, for Waddell and Reed, Inc. Moton in early January exceeded the million-dollar mark in the sale of United Funds.
Moton began work with Waddell and Reed some five years ago and his sales group, operating in the larger cities of Georgia and Alabama, have sold more than three million dollars of business to Negroes.
"Bob", as he is so well known, states: "The acceptance of mutual funds is an important factor in family and business financial planning, so much so that there is better than 15 billion invested in this way. United Funds has close to one billion in assets and operates in all fifty states. We have just begun."
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Location
Alabama And Georgia
Event Date
Early January
Story Details
A. F. Maderia presented a certificate of recognition and diamond pin to Robert R. Moton Jr. for exceeding the million-dollar mark in sales of United Funds. Moton, who began with Waddell and Reed five years ago, leads a sales group that has sold over three million dollars to Negroes in larger cities of Georgia and Alabama. He emphasizes the importance of mutual funds in financial planning, noting over 15 billion invested nationally and United Funds' near one billion in assets across all fifty states.