NEW YORK, July 7, 2015 /PRNewswire/ -- Convergex, an agency-focused global brokerage and trading related services provider, today announced that Frederick Arnold has joined the firm as Chief Financial Officer (CFO).
Mr. Arnold will oversee all of Convergex's global financial operations and will serve on the firm's Executive Committee, responsible for providing organizational guidance and governance.
For more than thirty years, Mr. Arnold has held CFO and financial leadership positions at major global financial services and manufacturing firms. He currently serves as a director of Lehman Brothers Holdings Inc. and Corporate Capital Trust.
"We are excited to have Fred join the Convergex leadership team," said Eric Noll, Convergex president and CEO. "He is a dynamic addition with his established record of success and his notable background. He brings additional depth to the firm and will be instrumental in helping the global expansion of Convergex's offering."
From 2009 to 2011, Mr. Arnold served as executive vice president and CFO of Capmark Financial Group (formerly GMAC Commercial Mortgage), and from 2006 to 2007, he oversaw the global finance functions of Masonite International as the firm's executive vice president for finance. From 2000 to 2004, Mr. Arnold held senior financial positions at Willis Group Holdings, a global insurance broker based in London. An expert in global capital markets, he has two decades of investment banking experience, including positions at Arnhold & S. Bleichroeder, Smith Barney and Lehman Brothers.
Mr. Arnold received a B.A. in economics from Amherst College, an M.A. in jurisprudence from Oxford University, and a J.D. from Yale Law School.
Mr. Arnold will be based in New York at Convergex's worldwide headquarters.
Convergex is an agency-focused global brokerage and trading related services provider that takes on the industry's toughest challenges, from complicated trades to complex businesses. With clients' interests as the top priority, Convergex delivers comprehensive solutions that span global high-touch and electronic trading, options technologies, prime brokerage, clearing, commission management and beyond. Headquartered in New York with a presence in several other locations including Atlanta, Boston, Chicago, Orlando, San Francisco and London, the company serves nearly 3,000 clients accessing over 100 global market centers.
Convergex is an agency-focused global brokerage and trading related services provider. In the U.S., Convergex offers products and services through Convergex Execution Solutions LLC (member NYSE/FINRA/NFA/SIPC), of which Convergex Prime Services is a division; Westminster Research Associates LLC (member FINRA/SIPC); and Convergex Solutions LLC, of which Connex, Jaywalk and LDB are divisions. In London, Convergex operates through Convergex Limited, which is incorporated in England and Wales (registered with company number 06262150). Convergex Limited is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom.
Convergex provides brokerage services primarily on an agency basis, but may operate in a riskless principal and/or net trading capacity, and in connection with certain ETF or ADR transactions, may act as principal or engage in hedging strategies. Convergex does not engage in market making or investment banking activities, other than as a selling group member.
Please be advised that options carry a high level of risk and are not suitable for all investors. To receive a copy of the Options Disclosure Document please contact the Convergex Compliance Department at (800) 367-8998.
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