Tobin steps up a level as Easterly positions RIA compliance function for growth

Easterly Investment Partners, the RIA business of Easterly Asset Management, has made a change to position the firm for further growth of its operations.

The compliance and legal functions have been segmented with Deb Tobin stepping up to chief compliance officer, having been senior compliance officer for two years. She will continue to report to general counsel Ken Juster, who previously led compliance and will remain as GC.  

“This appointment reinforces our organization’s commitment to compliance and demonstrates our dedication to providing our Strategic Partners with experienced leaders who have the know-how to collaborate and drive business growth,” said Darrell Crate, founder and managing principal of Easterly, who recently joined InvestmentNews anchor Gregg Greenberg to discuss how advisors and their clients can profit in a market and economy at a crossroads.

Tobin has a quarter of a century of experience of compliance in the investment industry with roles at some big name firms including Fidelity Investments, Manulife (where she led the Global Distribution Compliance Center of Expertise), John Hancock, and Financial Engines (before its merger with Edelman).

As well as becoming Easterly Investment Partners’ CCO, Tobin also joins the firm’s management team and will work with the firm’s Strategic Partners to ensure robust compliance policies and procedures are implemented and enforced.  

Easterly Asset Management has also been bolstering its team in recent months, including the hire of a 30-year John Hancock veteran as the new senior vice president of sales for the Northeast region and two new senior vice presidents of Private Market Sales. A year ago, it also hired former managing director and head of the US asset manager group at BlackRock iShares, Phil (PJ) Juliano Jr., as its head of sales.