TD Ameritrade Holding Corporation has named Tom Bradley its new president of retail distribution.  Bradley was previously president of TD Ameritrade Institutional, the unit of the firm that serves independent advisors.

“Tom Bradley has been a strong member of the TD Ameritrade management team for many years,” said Fred Tomczyk, the firm’s president and CEO. “He understands our company, and the industry, and is widely respected for his work supporting RIA advocacy and development.” Tomczyk added he is confident Bradley “will put his broad knowledge base and determined management style to good use” within the firm’s retail client organization.

Tom Nally, who has served on Bradley’s management team for a dozen years and has been with TD Ameritrade since 1994, will take over for Bradley as president of TD Ameritrade Institutional.

John Bunch, president of retail distribution, has resigned his position effective this Feb. 10.  Bunch, with the company since 2004, is leaving to take a top job at an investment advisory firm, according to TD Ameritrade.