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AmericaFirst Announces New Sponsor For Top Performing Investment Products

Wed. October 28, 2009; Posted: 08:17 AM
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Oct 28, 2009 (EWORLDWIRE via Comtex) -- TCNYF | Quote | Chart | News | PowerRating -- Rick Gonsalves, CEO and Chief Portfolio Architect of AmericaFirst Capital Management ("AFCM") today announced a new strategic partnership with Millington Securities Inc. ("MSI"); a Naperville, Illinois-based securities broker-dealer. MSI will sponsor AmericaFirst Unit Investment Trusts and will provide trading and operational support. AFCM plans on establishing its own broker-dealer in anticipation of becoming the sponsor of its Unit Investment Trusts (UIT), at which time MSI will continue to provide trading and operational services.

"AmericaFirst has experienced amazing growth over the last nine months as our total Unit Investment Trust deposits have grown to over $100 million. Our products are outperforming their respective benchmarks and Investment Advisors are integrating our strategies into their model portfolios. Now is the time to align AmericaFirst Capital Management with a partner that has been instrumental in taking Unit Investment Trust companies to the next level. Chuck Millington brings the experience we need to provide world-class service to our clients and their trading desks," states Mr. Gonsalves. "We are so pleased to be working with Chuck as his tremendous operational experience is hard to find. What better partner to have than the gentleman that helped bring the first Van Kampen equity Unit Investment Trust to market?"

MSI was founded by Charles "Chuck" G. Millington with a vision towards partnering with world class advisors to create timely and valuable packaged financial products for the retail investment public. Over his nearly 40 years of financial services experience, Chuck has been instrumental in helping firms such as Van Kampen Investments and Claymore Securities grow from their early stages to the forces they have become in the financial services industry. Chuck was with Van Kampen from 1981 to 1999 as Senior Vice President and Treasurer overseeing the firm's Unit Investment Trust, Clearing and Treasury functions. From 2002 to 2006, he was Claymore's CFO, COO and a member of the executive committee and was instrumental in the development of Claymore's Unit Investment Trust product line.

AFCM is headquartered in Roseville, Calif., and can be reached at 866-960-1355.

HTML: http://www.eworldwire.com/pressreleases/211327

PDF: http://www.eworldwire.com/pdf/211327.pdf

ONLINE NEWSROOM: http://www.eworldwire.com/newsroom/315201

RSS NEWSROOM: http://newsroom.eworldwire.com/xml/newsrooms/315201.xml

Source: AmericaFirst Capital Management

Robert Clark
AmericaFirst Capital Management
8150 Sierra College Blvd
Suite 290
Roseville, CA 95661
PHONE. 916-787-9940
EMAIL: rclark@afcm-uit.com
For full details for TCNYF click here.

    


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