Fidelity puts David Canter in charge of RIA segment

Replaces Bob Oros, who departed in January

Mar 6, 2017 @ 2:08 pm

By Jeff Benjamin

David Canter has been appointed head of the RIA segment at Fidelity Clearing & Custody Solutions, succeeding Bob Oros, who left the company in January to take over as CEO of HD Vest Financial Services Inc.

Mr. Canter, 48, joined Fidelity in 2009 as chief operating officer for the RIA custody business. He took over leadership of the practice management and consulting business in 2010.

In his new role, in charge of the registered investment adviser segment, he will oversee sales and relationship management.

Like Mr. Oros, Mr. Canter will oversee 120 people, including seven regional managing directors, and he will report directly to Sanjiv Mirchandani, president of Fidelity Clearing & Custody Solutions.

"I am energized by the opportunity to evolve my career at Fidelity, while remaining focused on my passion for the RIA industry," Mr. Canter said. "With this announcement, I am moving to exclusively focus on the RIA segments."

Fidelity also announced Matt Chisholm, who previously reported to Mr. Canter, will take over as head of practice management and consulting.

Mr. Chisholm, 43, has been with Fidelity for 10 years and has worked closely with Mr. Canter.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Gender Financial Discrimination

Kathleen Burns Kingsbury lays out a few concepts for how men can, and need, to be involved in solving the issue.

Latest news & opinion

FSI celebrates death of DOL fiduciary rule, praises SEC advice rule

General counsel David Bellaire predicts final broker standard in 2019, but not Form CRS.

Trump said 'you're fired' to this adviser on TV in 2005, then LPL fired him for real in 2018

Louisville adviser Mark Lamkin was terminated by LPL, in part for failing to disclose outside business activities.

What not to do when working with couples

These are moves advisers should avoid when they are working with couples as clients.

Private Ocean grows to $2.2 billion with acquisition of Mosaic Financial

Combined financial planning operation gives the firm an expanded footprint in the San Francisco area.

Joe Duran has a game plan, and anyone can play

The CEO of United Capital built a formula for holistic financial planning that any firm can tap into — for a price.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print