BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
First Trust Advisors L.P. and its affiliate, First Trust Portfolios L.P., were founded in 1991 in Lisle, Illinois, a suburb of Chicago. Since the firms were formed, we have followed one overriding principle: that a focused, disciplined approach to investing gives us the best opportunity to outperform the markets and help our investors achieve their long-term financial goals. This mission, to help our clients build and preserve wealth, remains the cornerstone of our investment management philosophy. Today our clients include brokerage firms, endowments, foundations, individuals, insurance companies, municipalities, pension and retirement systems and profit-sharing plans. Currently, First Trust Advisors manages or supervises over $26.53 billion in assets, as of September 29, 2006, in closed-end funds, separate managed accounts, unit investment trusts, variable annuity sub-accounts and ETFs.
Chief Economist
Brian WesburyNumber of Employees 174
Peer Companies
NAICS Code Securities Brokerage: 523120
News & Analysis
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First Trust Advisors Announces the First Trust NASDAQ® ABA® Community Bank Index Fund
- 2009-06-26
The First Community Bank ETF WHEATON, Ill. -- First Trust Advisors L.P. (â??First Trustâ??) today announced the anticipated launch of the First Trust NASDAQ® ABA®...
Exchange-Traded Funds advised by First Trust Advisors L.P. Announce Distributions
- 2009-06-22
WHEATON, Ill. -- First Trust Advisors L.P. (â??FTAâ??) announces the declaration of the regular quarterly and semi-annual distributions for 29 of 38 exchange-traded funds advised by FTA. ...
First Trust Advisors L.P. Announces Resignation of Investment Sub-Advisor, Valhalla Capital Partners, LLC
- 2009-05-04
WHEATON, Ill. -- First Trust Advisors L.P. announced that Valhalla Capital Partners, LLC (â??Valhallaâ??) has submitted its notice of resignation as the investment sub-advisor to First Trust Strategic High...
Exchange-Traded Funds advised by First Trust Advisors L.P. Announce Distributions
- 2009-03-20
WHEATON, Ill. -- First Trust Advisors L.P. (â??FTAâ??) announces the declaration of the regular quarterly distributions for 3 of 38 exchange-traded funds advised by FTA. ...
First Trust Advisors L.P. Announces Partial Redemption of First Trust Tax-Advantaged Preferred Income Fund Series M Auction Preferred Shares
- 2009-03-12
WHEATON, Ill. -- First Trust Advisors L.P. (?FTA?) announced today that First Trust Tax-Advantaged Preferred Income Fund (NYSE Amex: FPI), a closed-end fund managed...
First Trust Advisors L.P. Announces Zero Capital Gains Distributions for 2008 in 37 of its 38 Exchange-Traded Funds
- 2008-12-23
WHEATON, Ill. -- First Trust Advisors L.P. ("FTA") announced today that only one of the 38 exchange-traded funds advised by FTA, First Trust FTSE EPRA/NAREIT Global Real Estate Index Fund, is distributing capital gains in 2008. Expected capital gain distributions for 2008.[TABLE OMITTED] *Based on the NAV...
First Trust Advisors L.P. Announces Completion of Transfer of Exchange-Traded Fund Securities from American Stock Exchange to NYSE Arca in Connection with the NYSE Euronext's Acquisition of the American Stock Exchange
- 2008-11-06
LISLE, Ill. -- First Trust Advisors L.P. announces that the securities of certain exchange-traded funds managed by First Trust Advisors L.P. (the "First Trust ETFs") are listed and have begun trading today on the NYSE Arca, Inc. ("NYSE Arca"), an affiliate of NYSE Euronext. Each of the First Trust ETFs...
First Trust Advisors L.P. Announces Change in Address
- 2008-10-30
WHEATON, Ill. -- Phone number in first and third graphs should read (800) 621-1675 (sted (630) 621-1675.) The corrected release reads: FIRST TRUST ADVISORS L.P. ANNOUNCES CHANGE IN ADDRESS First Trust Advisors L.P. ("FTA") announced today that as of Monday, October 27, 2008, its principal office address...
First Trust Advisors L.P. Announces Partial Redemption of First Trust Tax-Advantaged Preferred Income Fund Series M Auction Preferred Shares
- 2008-10-23
LISLE, Ill. -- First Trust Advisors L.P. ("FTA") announced today that First Trust Tax-Advantaged Preferred Income Fund (AMEX: FPI), a closed-end fund managed by FTA, intends to redeem $2.2 million of its $12.1 million outstanding Series M Auction Preferred Shares ("Series M Shares"). The Fund expects to effect such redemption...
First Trust Advisors L.P. Announces Partial Redemption of First Trust Tax-Advantaged Preferred Income Fund Series M Auction Preferred Shares
- 2008-10-16
LISLE, Ill. -- First Trust Advisors L.P. ("FTA") announced today that First Trust Tax-Advantaged Preferred Income Fund (AMEX: FPI), a closed-end fund managed by FTA, intends to redeem $2.3 million of its $14.4 million outstanding Series M Auction Preferred Shares ("Series M Shares"). The Fund expects to effect such redemption...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian Wesbury | Chief Economist |
| Robert F. Carey | Chief Investment Officer |
| David McGarel | Senior Vice President Strategy Research |
| Jon Erickson | Senior Vice President Portfolio Management |
| Mark Sullivan | Senior Vice President |
| Roger Testin | Senior Vice President Portfolio Management |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Chief Economist | Current |
| Wheaton College | Adjunct Professor | Current |
| Social Security Choice | Current | |
| Monetapro, LLC | Board of Directors | Current |
| The Chicago Corporation | Vice President | Former |
| The Chicago Corporation | Economist | Former |
| University of Montana | B.A. In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Chief Investment Officer | Current |
| First Trust Advisors | Board of Directors | Current |
| CFA Institute | Member | Current |
| University of Illinois | B.S. In Physics | Former |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Senior Vice President Strategy Research | Current |
| Association for Investment Management and Research | Member | Current |
| American Institute of Certified Public Accountants | Member | Current |
| First Trust Advisors | Board of Directors | Current |
| Association for Investment Management and Research | Member | Current |
| American Institute of Certified Public Accountants | Member | Current |
| University of Notre Dame | B.S. In Accounting and Is A Member | Former |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Senior Vice President Portfolio Management | Current |
| University of Illinois | Masters In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Senior Vice President | Current |
| University of Chicago | MBA In Economics | Former |
| University of Notre Dame | Undergraduate Degree In Philosophy | Former |
| Organization | Position | Status |
|---|---|---|
| First Trust Advisors | Senior Vice President Portfolio Management | Current |
| Association for Investment Management and Research | Member | Current |
| University of Chicago | MBA | Former |
| University of Illinois | B.S. In Accounting | Former |
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Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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