Since its launch in March, linkedFA has built a following among 5,000 financial advisors and accounting professionals. Now, the company has a landed chairman adept at helping young, ambitious companies reach their potential quickly.
The Miami-based professional networking service has appointed Richard Joyce as chairman of the board, the company announced Wednesday morning. Joyce has more than 30 years in the communications business, notably as a member of the worldwide executive committee at 3Com [NASDAQ: COMS], the company that distributed then spun off the Palm Pilot. There, he was also senior vice president of the remote access products division.
Most recently, Joyce was chairman of Wireless Information Network (WIN), a leading mobile data services company from 2000 to 2009. Jason Bishara, chief executive officer of linkedFA, said Joyce’s experience in attracting and handling big money, establishing infrastructure and bringing in talented management was an ideal fit for linkedFA.
“This clearly identifies the fact that we will not remain a small, private company,” Bishara said in a telephone interview Wednesday morning. “We are in a rapid growth cycle, and will need executive management with significant levels of experience growing organizations.”
Joyce was unavailable for an interview, but in a company statement he said linkedFA’s compliance features puts it ahead of most social networking sites that financial services professionals use. “The financial industry is being forced to adopt this new way of working, and I believe a collaborative community for financial professionals is sorely needed.”