Press Releases

Dana Investment Advisors to Offer Customized Socially Responsible and Faith-based Separate Account Solutions Backed By IW Financial Research and Analytics

Customization key to servicing socially responsible, faith-based and other values-based clients

PORTLAND, Maine, August 13, 2008— Dana Investment Advisors will utilize portfolio management solutions from IW Financial to develop fully customized separate accounts strategies for sophisticated high net-worth and institutional investors seeking to incorporate socially responsible, faith-based, Terror-Free and other values-based criteria in their investment portfolios, it was announced today.

The integration of IW Financial’s research and analytics into Dana’s portfolio management process enables Dana to provide advisors and investors with access to highly customized investment strategies beyond those available through traditional SRI indexes, which utilize standardized criteria. Dana Investments is a Registered Investment Advisor headquartered near Milwaukee, Wisconsin. Dana manages almost $3 billion in total assets and has been managing socially responsible and faith based portfolios since June 2000.

"We are seeing a great deal of demand for higher levels of customization," said Duane Roberts, Senior Vice President and Portfolio Manager at Dana. "IW Financial’s solutions allow us to build investment strategies that reflect the specific concerns and values of socially responsible and faith-based clients."

"Customized investment strategies that incorporate environmental, social, governance, and terror-free strategies are becoming increasingly important to high net-worth and institutional investors," said Craig Muska, Managing Director at IW Financial. We're excited about adding Dana to the roster of investment managers that can provide these kinds of customized solutions to their clients."

About Dana Investment Advisors
Founded in 1980, Dana Investment Advisors is a leading provider of equity and fixed income investment strategies that maintain a disciplined fundamental approach, avoiding unnecessary risks by avoiding market timing, momentum plays and sector bets. Dana offers a variety of portfolio solutions, including market leading customized socially responsible and faith based investment strategies.
 
For more information about Dana Investment Advisors visit www.danainvestments.com.

About IW Financial
IW Financial is a leading provider of environmental, social, and governance (ESG) research, consulting and portfolio management solutions for asset management firms, managed accounts sponsors, institutional investors, plan sponsors, and investment advisors. The firm has recently added research on companies doing business with U.S. State Department designated terrorist states from Conflict Securities Advisory Group (CSAG).
 
With its unique combination of investment industry expertise, unbiased research, and technology solutions, IW Financial helps industry professionals capitalize on growing investor demand by incorporating ESG factors into investment platforms, products, and portfolios, adding value to the money management process while strengthening client relationships.  
 
For more information on IW Financial visit www.iwfinancial.com.

Dan Porter
IW Financial
207-773-2333

Doug Classen
Dana Investment Advisors, Inc.
630-933-9075

Mike MacMillan
MacMillan Communications
212-473-4442
info@macmillancom.com