Wachovia Securities names president
Charlotte Business Journal
Wachovia Securities has named Mary Mack president of the brokerage firm's investment-services group, which provides investment advice and brokerage services.
Mack is currently executive vice president and head of Wachovia Corp. client partnership, which facilitates corporate referrals among the bank's business lines.
In her new role, she will head the Wachovia Securities division, which has more than 1,200 financial advisers.
She will report to Danny Ludeman, president and chief executive of Wachovia Securities. Mack will also serve on the brokerage firm's operating committee.
She will succeed Dwight Moody, who plans to retire in 2007 after 34 years with Wachovia and its predecessor organizations.
"I am delighted that Mary Mack has accepted this key leadership role in our brokerage firm," Ludeman says. "She is a leader with a crucial understanding of both the brokerage and banking businesses, as well as experience at building and strengthening the types of collaborative relationships that have made our in-bank brokerage model arguably the most successful in the financial-services industry."
Mack has been with the Charlotte-based company (NYSE:WB) since 1984. She lives in Fort Mill.
Wachovia Securities is the nation's third-largest full-service retail brokerage firm, with more than $704 billion in client assets. It provides financial advisory, brokerage, asset management and other financial services through approximately 10,500 registered representatives in more than 2,700 locations.
Related Industry News |
Latest News |
Most Viewed Stories |
Most Emailed Stories |
