Financial Advisers of America, a boutique broker-dealer located in San Diego with approximately $3 billion in AUM, announced changes on Tuesday to its executive management team. The firm's former CEO, Ken Johnston has transitioned to the company's chairman, appointing former president, Jodi Johnston to CEO and former COO, Todd Pack to president and COO.
The firm claims the shift is prompted by the broker-dealer's continued growth initiatives in 2011, and "demonstrates the firm's commitment to providing superior service to the community of more than 200 representatives it serves nationwide."
"We want to make sure that we are fully supporting our partners in all aspects of their business, and are committed to continually improving our processes," Johnston said in a statement. "With these goals in mind, it is with complete confidence and overwhelming excitement that I present Jodi and Todd to our community of representatives as the new CEO and President of Financial Advisers of America."
