Joseph Terry takes over from Thomas Horack
Dual-registered broker-dealer/investment adviser Signator Investors has appointed Joseph Terry as its new chief compliance officer (CCO).
Terry, who works out of Signator’s St Petersburg, Florida office, has taken the reins from long-time compliance chief Thomas Horack, who will be retiring later in the year, the firm says. According to Signator’s BrokerCheck regulatory filing, Terry is now registered as CCO and Horack as vice president and director. Terry could not be reached immediately for comment.
Before joining Signator last year, Terry had been the chief supervision officer for Advisor Group, overseeing the supervision activities of both the retail and investment advisory businesses of all four of the Advisor Group broker-dealers and leading a team of roughly 100 employees responsible for supervision.
‘We are pleased to have Joe lead us in this capacity,’ Signator president Christopher Maryanopolis says in a statement. ‘He’s been working with Tom to ensure the members of our broker-dealers are ready for whatever comes their way as we move toward the complexities of the next generation advisory practice. We are also grateful to have had Tom’s expert guidance throughout all the changes at Signator and in the industry over the years.’
‘An effective compliance program is more than policies and procedures: it’s engrained in the culture of a firm,’ Terry says. ‘It’s reflected in the daily decisions and interactions of our advisers and the home office professionals who support them, requiring a compliance team that understands the impact of rules on all of our constituents, clients, advisers and employees.’
Before joining Advisor Group, Terry held positions at Horace Mann Investors as president, CEO and CCO; at Nationwide in compliance; and at Edward Jones as an adviser.