Davidson Investment Advisors Expands Business Development Team

September 17, 2009 (PLANSPONSOR.com) - Davidson Investment Advisors has announced that Steven R. Pines has joined the firm as Vice President and Director of Institutional Business Development.

According to the press release, Pines will focus on market development with institutional investors including public pension funds, foundations/endowments and corporate entities, and is based from the firm’s downtown Denver office. He joins the firm after 17 years in Chicago working in various roles focused on meeting the needs of institutional investors – most recently at Northern Trust Company, where he served for nine years as Senior Investment Consultant for U.S. and Canadian Public Funds.

His other positions have included the marketing of equity and fixed income separate account capabilities with Lehman Brothers Asset Management (formerly Lincoln Capital Management LLC) and servicing institutional clientele as an Investment Consultant with CRA RogersCasey.

Davidson Investment Advisors, a registered investment adviser, has provided asset management services for corporations, employee benefit plans, foundations and trusts since 1975. The firm offers five distinct investment strategies, and its investment base of operations is equally divided between Great Falls, Montana and Seattle while client service and marketing offices include Denver and San Francisco.