? 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.
Every financial advisor has heard-since they got into the business-that the best and fastest way to grow your practice is through referrals. See what sets...
Learn how refocusing your business model help recharge your business’s value.
Focus working with mature clients including what are the characteristics of a sound goals-based investing method, how big is longevity risk, and a reevaluation of...
Oct 26, 2016
This complimentary webcast will cover charitable donations and planning, including some key year‐end tax considerations. We will provide an overview of the benefits of charitable...
Oct 20, 2016
Learn what critical roles document management serves for wealth management firms and their practical operational advice for running a viable business.
Oct 05, 2016
Some broker-dealers have already decided to exit certain lines of business and are sizing up how the rule will impact their IT and compliance budgets....