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US Fiduciary Taps Smith Barney and Others for New President & Chief Operating Officer And Other Key Management Additions
Houston, TX (PRWEB) August 15, 2007 -- US Fiduciary, Inc. (?USF?), www.usfiduciary.com, announced today that effective immediately, Robert M. Drake, formerly with Smith Barney, has joined the Company as its new President and Chief Operating Officer. Mr. Drake brings more than twenty-five years of securities experience in leadership, management, and sales functions including having managed more than 1,000 Financial Advisors and employees in multiple regions across the country for some of the largest securities firms, including Wachovia, Morgan Stanley, and Smith Barney. In addition to Mr. Drake, the Company has hired Jeffery Sills, CFP, ChFC, as Divisional Officer, who brings more than twenty-two years of securities sales and management experience. Mr. Sills? career at Smith Barney has included twelve years in branch management, and the balance as National Director of Sales for Personal Financial Planning and Northeast Director of Mutual Fund, Insurance, and Annuities for the firm. Two other key hires include a new Vice President of Operations, Keith Roberts, who recently joined US Fiduciary from Stanford Financial and brings twenty-two years of securities operations and compliance experience, and Michael Walton, who joined the Company as Director of Advisor Services from AIM Investments where he managed a team of fifty client service reps supporting Financial Advisors.
Steven J. Graubart, the firm?s Chairman and Chief Executive Officer, commented, ?We have spent the past six months in our searches and our efforts have paid off. While we are not reinventing the wheel at US Fiduciary, we are re-pricing and repackaging the way high-end Financial Advisors work with their service providers, manage their businesses, and deliver sophistication to their clients. In order for us to find the right team, we needed seasoned executives with a deep understanding and experience of recruiting, retaining, and developing high-end Financial Advisors, and building and leading a management team who are focused on business consulting, operations, out-sourced partnerships, and business execution. Bob Drake, Jeff Sills, Keith Roberts, and Michael Walton are just that leadership team to deliver into our market.? Graubart further commented, ?US Fiduciary continues to be in the right place at the right time in our ever-changing industry segment and we will continue to build our brand as the premier firm who serves high-end Financial Advisors seeking greater independence and sophistication.?
?After recruiting hundreds of Financial Advisors in my career, the environment today is intently focused on being an Independent Financial Advisor and not jumping from one wirehouse to another,? says Robert Drake, USF?s new President & COO. He continues, ?My experience of working with team formation, and consulting with Financial Advisors and Branch Managers to grow and drive financial results has been my training ground for this opportunity with US Fiduciary. Steven (Graubart) is an exceptional entrepreneur who has recognized and capitalized on the trends in our industry, and I am thrilled to be working with him to take US Fiduciary to the next levels of success.?
About US Fiduciary, Inc.
US Fiduciary is a boutique financial advisory firm focused on serving high-end Independent Financial Advisors and their high net worth and institutional clients. The Company?s 120 Financial Advisors it services enjoy a range of services from its innovative and integrated offering of Managed Account Solutions, Broker Dealer Solutions, RIA, and alternative investments, which helps Financial Advisors and financial institutions manage the complex needs of wealthy clients. For more information, visit http://www.usfiduciary.com
Company Contact:
Michael Walton
US Fiduciary, Inc.
713.341.4700
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