Introducing First Trust Investment Solutions L.P.
The Floridant/10243547

NAPLES, Fla. ~ First Trust Investment Solutions L.P. ("FTIS"), an affiliate of First Trust Portfolios L.P. and First Trust Advisors L.P., has acquired Gyroscope Capital Management Group, LLC ("Gyroscope"). Gyroscope is an investment adviser with more than 16 years of experience providing options based investment strategies focused on tax advantaged, active equity income and custom hedging solutions.

Robert Hughes, CEO and Managing Director of FTIS, stated that "First Trust was founded to cultivate relationships with financial professionals and help them solve the needs of their clients. FTIS combines the extensive investment management experience and robust distribution of First Trust with Gyroscope's options expertise, creating customizable investment strategies to enhance yield, manage risk, and tax-efficiently transition low basis stock positions."

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Kevin Erndl, former Gyroscope CEO and incoming FTIS CIO added that "Gyroscope has a long history of providing essential portfolio management solutions that allow for portfolio customization, tax management, and income potential. Our goal since day one has been to design highly customized portfolios for each client's investment objectives as well as turn-key solutions researched and professionally managed by highly skilled portfolio management teams."

Drawing from decades of experience in the industry, First Trust Investment Solutions combines the strength of the advisor focused resources and asset management capabilities of First Trust with FTIS's investment management expertise to create a state-of-the-art Managed Account platform designed to allow customization and tax management to align with a client's financial and income goals and personal values.

Established in 1991, First Trust has earned a prominent reputation for its pioneering thought leadership and innovative solutions catering to diverse investment needs. For more information about First Trust Investment Solutions L.P., contact Robert Hughes at (630) 517-7329 or
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