Tom Bradley
Tom Bradley named head of TD Ameritrade’s retail businessPosted by RJ and Makay on Feb 07, 2012 |
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TD Ameritrade announced yesterday that Tom Bradley would replace John Bunch as the company’s new president of retail distribution. Tom Nally, a 12-year veteran of Bradley’s RIA management team, will take over for Bradley as head of TD Ameritrade Institutional. Bunch, who has been with the company since 2004, resigned his position to take a top leadership role at an investment advisory firm.
A recent report by Brinker Capital, “Does Gender Really Matter,” found that one in four women choose to work with female advisors, whereas only one in ten men purposely choose financial advisors according to gender. The report was based on 323 men and women polled at 78 major financial institutions.
A recent survey of more than 500 registered investment advisors found that 73% of them had won more clients in the last six months, a 7% increase from a year earlier. Only 5% of RIAs reported fewer clients, compared to 8% last year. Clients opting out of traditional full-commission brokerages are providing most of their new business, continuing the trend of the past few years.
