KNOXVILLE, Tenn., March 30, 2017 /PRNewswire/ -- Securities Service Network, Inc. ("SSN" or "the Firm"), a leading independent broker-dealer and registered investment adviser, today announced that Joe Simpson has been named to the newly-created position of Chief Information Officer, effective immediately. SSN is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS).
Wade Wilkinson, President and CEO of SSN, said, "We congratulate Joe Simpson on his richly-deserved promotion to his new position as Chief Information Officer. Joe's thorough understanding of the independent retail financial advice industry, combined with his in-depth knowledge of the diverse and growing technological needs of our organization, has been invaluable to us and the financial advisors we serve."
SSN reported that this promotion of Joe Simpson reflects the enhanced focus he will have on developing forward-looking technology strategies that best empower the Firm's affiliated financial advisors to effectively address escalating industry complexities, while increasing the efficiency and productivity of their businesses.
Formerly Vice President of Technology for SSN, Mr. Simpson will continue to head all of SSN's technology efforts and will represent SSN on Ladenburg Thalmann and industry technology-related committees. Mr. Simpson first joined SSN's Technology department in 1999 and progressed through a series of positions at SSN, including Assistant Vice President of Technology, and later, Vice President of Technology.
Mr. Simpson said, "I'm thrilled to be named to this new position and an enhanced level of strategic responsibility at SSN. My years at SSN have been intellectually stimulating and deeply satisfying as the complexity of the technological needs of our industry and our financial advisors have markedly increased. I look forward to continuing to serve SSN in delivering the best possible solutions to the advisors we're privileged to support."
Mr. Wilkinson concluded, "Joe Simpson's promotion reflects fifteen years of significant contributions to our firm, as well as our team's belief in the pivotal role that technology strategy will play in our organization's future. I'm privileged to work with Joe and his colleagues on our senior management team, who together comprise a deep bench of industry leaders that care, above all else, about driving the long-term success of the financial advisors we serve."
Mr. Simpson received a Bachelor of Science degree from Tusculum College in Greeneville, Tennessee.
ABOUT SECURITIES SERVICE NETWORK, INC. (SSN)
Based in Knoxville, Tennessee, Securities Service Network, Inc. is an independent broker dealer supporting over 400 independent financial advisory practices and approximately $13 billion in advisory and brokerage client assets. SSN provides a range of back and middle office services that drive the success of independent financial advisors, balanced with a longstanding commitment to empower independent advisors to reinvest in their own businesses by providing industry-leading payouts.
Founded in 1983 as one of the nation's first fee-based, independent broker-dealers, SSN was acquired by Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS) in 2015 and became a member of its family of independent broker-dealers. In 2016, SSN was honored, for the fourth year in a row, as one of the Top Independent BDs, as rated by financial advisors, on WealthManagement.com, a leading industry media outlet.
For more information, please visit www.joinssn.com.
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SOURCE Securities Service Network, Inc.