KMS Monetary Providers, a Seattle-based dealer/supplier subsidiary of Ladenburg Thalmann, has promoted Erinn Ford, who got here onboard as president a 12 months in the past, to chief govt of the agency. She succeeds Eric Westberg, who’s been with the agency for over 30 years and can transition to chairman emeritus.
With the appointment, Ford turns into one among a small handful of girls CEOs within the impartial brokerage house. The management change is a component of a bigger development initiative on the agency, and it will likely be adopted by a collection of senior management adjustments the agency will announce within the coming weeks.
Previous to becoming a member of KMS, Ford was president and senior vp of advisor relations at Cetera Advisors. Previous to that, she served as chief working officer and head of selling at Pacific West Securities, which closed its doorways and moved its reps over to Cetera Advisors.
KMS was acquired by Ladenburg Thalmann in August 2014 for $24 million in money and inventory. The agency reported 337 advisors, managing $16.four billion in shopper belongings on the finish of final 12 months.
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