10 Power Players for 2013
January 2, 2013 11:01 AM
10 Power Players for 2013
On Wall Street's latest magazine issue profiles 10 financial industry leaders poised to impact wealth management this year. Check out who made the list, in alphabetical order, and will set the agenda on everything from the next generation of advisors to the latest set of regulatory rules.
Chet Helck, Incoming Chair of SIFMA, Raymond James executive
Helck, who serves as executive vice president at Raymond James and chief executive of the firm's Global Private Client Group, has three prescriptions for his agenda at SIFMA this year: thoughtful risk management, transparency and responsible regulation.
Scott C. Ilgenfritz, Incoming president of the Public Investors Arbitration Bar Association (PIABA)
Ilgenfritz, a Tampa, Fla.-based partner at Johnson, Pope, Bokor, Ruppel & Burns LLP, plans to look critically at how brokers are able to clean their records after arbitration cases.
Richard Ketchum, Chairman and Chief Executive Officer of the Financial Industry Regulatory Authority (FINRA)
Ketchum has a long-term goal to take over the regulation of all financial advisors. Will FINRA come closer this year to its goal of becoming the self-regulatory organization to take over?
Nancy Kistner, the new chair of the board of directors of the Certified Financial Planner Board of Standards
Kistner and her fellow colleagues on the CFP Board's board of directors plan to help the organization reach household name status and better serve the public.
David Kowach, New president of Wells Fargo Private Client Group
Kowach plans to help Wells Fargo's financial advisors develop closer relationships with their clients and improve their businesses by leveraging concrete plans and the firm's technology.
Dwight Mathis, Head of new advisor strategy at Bank of America Merrill Lynch
Mathis, who has led an overhaul of Merrill Lynch's machine to train advisors over the last two years, plans to bring the firm's training program even further along this year.
Michael J. Schroeder, president of Baird Private Wealth Management
Schroeder is the force behind Baird's recruitment strategies, which include an active presence on college campuses and programs to embrace both young and experienced professionals.
Darryl Traweek, West/South divisional director at RBC
Traweek is encouraging RBC's force to welcome business from Latin American clients, a burgeoning area of growth in U.S. wealth.
Elisse Walter, the new Securities and Exchange Commission chairman
Walter, whose term ends on Dec. 13, 2013, will focus on new rules tightening financial regulation with Dodd-Frank and encouraging fundraising for small companies with the Jumpstart Our Business Startups (JOBS) Act.
Elizabeth Warren, U.S. Senator representing Massachusetts
Warren, who was elected in November, has advocated for a new version of the Glass-Steagal Act and a sharper Volcker Rule to limit the profits large banks can generate from trading.
For more on how these 10 individuals will shape the agenda in 2013, check out the full story from our January issue.
For more on how these 10 individuals will shape the agenda in 2013, check out the full story from our January issue.
