? On March 2 Raymond James Financial named Paul Reilly as president effective May 1, and announced that a year after that date Reilly will replace current Chairman and CEO Tom James as CEO of RJF. After that date, Tom James will continue to work full time for the firm founded by his father as executive chairman. Reilly is currently the executive chairman of Korn/Ferry International, the executive search firm, and is a former CEO of KPMG International. He will continue to serve on the Raymond James board over the next year ? Spectrem Group announced March 17 that financial services veteran Mitch Politzer will join the consulting and research firm as managing director and president of Spectrem Consulting on April 7. Most recently, Politzer was president and CEO of First Ameritas Life Insurance Corp. of New York, and CEO of Ameritas Direct ? The SEC announced February 19 that Robert Khuzami has succeeded Linda Chatman Thomsen as the Commission's director of the Division of Enforcement. Khuzami previously was a federal prosecutor with the U.S. Attorney's office for the Southern District of New York, where he headed the Securities and Commodities Fraud Task Force for three years. Thomsen resigned under fire earlier in February after the scope of the Bernard Madoff scandal, and the SEC's failure to detect and stop that scandal, became public ? On February 24, the board of FINRA announced it had hired Richard (Rick) Ketchum as its CEO, replacing Mary Schapiro, whom the Obama Administration earlier appointed as SEC chairman. Ketchum, who assumed his new position on March 16, has been serving as CEO of New York Stock Exchange Regulation, and has been chairman of FINRA's board since 2007, a position he will continue to fill.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
STP can be described as electronically capturing and processing transactions in one pass, from the point of first 'deal' to final settlement.
This complimentary report discusses those powerful benefits in detail along with a wide range of planning applications.
By creating an informed, well-thought-out business plan, you can navigate today’s challenges and set a course toward growth.
Mar 21, 2017
Americans are living longer and healthier lives, and these added years can create new challenges for retirement income planning.
Feb 07, 2017
The DOL fiduciary rule is quickly approaching the first compliance date, effective April 10th, with full implementation starting January 1, 2018. Is your business on...
Jan 31, 2017
For many, the New Year means new technology being implemented at the practice. One of the biggest challenges facing advisory firms today is getting the...