Curian Capital® No Longer Accepting New Accounts

DENVER--(BUSINESS WIRE)-- After evaluating the Curian Capital, LLC (Curian) business and its position in the marketplace, the company has decided to stop accepting new accounts, effective July 31, 2015.

Curian will continue to actively manage existing accounts into 2016 to allow financial professionals and clients sufficient time to plan for the transition of accounts, said Mark Mandich, interim president and chief executive officer of Curian. The company expects to exit the business around the end of the first quarter 2016.

“When Curian launched 12 years ago, the competitive landscape and market trends favorably supported the business,” Mandich said. “Given the industry-wide changes in technology, product offerings and market size, Curian has determined that it is no longer commercially positioned to provide clients high value investment programs over the long term. This was a difficult decision. We appreciate the loyalty of our clients, business partners and staff and remain committed to assisting them throughout this transition.”

About Curian Capital

Curian Capital, LLC (www.Curian.com) is an asset management company that manufactures and distributes a comprehensive suite of investment strategies and asset management solutions to institutions, financial advisors and their customers.

Curian Capital is a direct subsidiary of Lansing, Michigan-based Jackson National Life Insurance Company® (Jackson®) and an indirect subsidiary of Prudential plc (NYSE: PUK), a company incorporated in England and Wales. Prudential plc and its affiliated companies constitute one of the world's leading financial services groups. It provides insurance and financial services through its subsidiaries and affiliates throughout the world. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

Curian Capital, LLC acts as the Registered Investment Advisor for Curian Custom Style Portfolios. Curian Clearing LLC (member FINRA/SIPC) is the exclusive broker for these programs, for which it provides brokerage execution, processing and custody services. Investing in securities involves certain risks, including possible loss of principal.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150730006755/en/

Curian Capital, LLC
Melissa Hernandez, 303.224.7572
[email protected]

Source: Curian Capital, LLC

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