Bringing you live news and features since 2006 

shaking hands

Thomson Reuters appoints David Akellian as MD of wealth management

RELATED TOPICS​

Thomson Reuters has appointed David Akellian as managing director of Wealth Management. 

Akellian will be based in New York and will report to Abel Clark, managing director, Financial sector.
In his new role, David will lead the Thomson Reuters North American Wealth Management business, which delivers a complete suite of integrated front office and back office technology solutions to leading wealth management firms to manage their daily brokerage operations and complex regulatory and compliance requirements. 

Akellian and his team will extend Thomson Reuters partnership with customers and deliver the next generation of innovative and market leading solutions. By integrating industry-leading market data and news coverage with advisor workflow tools in the front office and BETA transaction processing in the back office, we will continue to help our enterprise customers meet their evolving regulatory and business growth requirements.

David has over thirty years experience in the financial services industry and is ideally suited to lead Thomson Reuters North American Wealth Management business. He joins Thomson Reuters from LPL Financial, where he was most recently executive vice president and head of Platform Solutions. He has a successful history of leadership roles in financial services organisations including as chairman and CEO of Century Securities Associates, a subsidiary of Stifel Financial and as managing director and head of global clearing and execution services for Merrill Lynch, as well as COO and head of investment manager services for the Pershing division of Donaldson, Lufkin, & Jenrette.

"We are delighted to welcome David to Thomson Reuters," says Clark. "We are committed to our customers' success and helping ensure that they thrive in a rapidly changing market. The appointment of David to lead our North American Wealth Management business, with the vast experience that he brings, is a clear demonstration of this commitment. David will provide key leadership as we further enhance our best in class solutions that address key operational challenges and let advisors focus on building relationships and growing their business."

Akellian is a FINRA Series 7, 24, 63, and 65 registered representative.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by