Independent broker-dealer First Allied Securities has hired Richard Whitworth as managing director of the firm's Business Consulting Group, the San Diego-based firm announced Monday.
Whitworth, who will report directly to National Sales Manager Matt McGinness, will provide the strategic and tactical framework for the group as it helps First Allied's financial advisors meet their growth and productivity objectives.
Most recently, Whitworth, 36, was responsible for strategy and execution in TD Ameritrade Institutional's practice management unit. He also held positions with LPL Financial in its Advisory Consulting Services and Business Consulting groups, where he worked with independent financial advisors nationwide. His expertise extends to marketing and business development, operations, technology, client service, risk management, succession planning and human capital management.
"With Mr. Whitworth we have recruited a proven, high-energy visionary," said Adam Antoniades, First Allied's president and CEO, in a statement. "He will focus on First Allied's growth by developing a team that provides a simple means of connecting with all that First Allied has to offer with respect to resources to help advisors grow their business, products to help them develop wealth management solutions for clients, and sales support to help them get business done."
Whitworth began his career in New York City performing international equity research at I/B/E/S International (now Thomson Reuters) and conducting asset allocation research with Morgan Stanley's Private Wealth Management group.
"I'm delighted to join such a strong company and impressive management team that have the shared strategic vision to provide independent financial advisors with innovative solutions designed to help them drive sustainable business growth and enhance their client experience," Whitworth said in a statement. "Together with my team, I look forward to creating effective tools and actionable strategies that will empower First Allied's advisors to exceed their clients' expectations as well as build long-term enterprise value."
First Allied was named by Jonathan Henschen, owner of Minnesota-based recruiting firm Henschen & Associates, as one of five independent broker-dealers "that changed the game" in a March 26 AdvisorOne article.
