NEW YORK, April 6, 2017 /PRNewswire/ -- S2K Financial Holdings - the holding company for both S2K Financial, an independent wholesale broker-dealer, and S2K Servicing, an operations platform supporting the needs of institutional managers - today announced the appointment of David E. Fred to the newly-created position of Senior Vice President of Due Diligence at S2K Servicing. The addition to the team of Mr. Fred, who will report directly to Neil Cohen, President of S2K Servicing, continues the S2K leadership team build-out.
Mr. Fred most recently served as a member of the senior leadership team of Cetera Financial Group, and was head of Due Diligence for the Cetera network of firms. In this role, he and his team were responsible for implementation, documentation and completion of operational due diligence activities in conjunction with products distributed by Cetera. Earlier roles in David's career include Head of Due Diligence for the ING Advisor Network, Director of product analysis for Financial Network Investment Corporation, and various roles at Smith Barney Shearson, Inc. and Lehman Brothers, Inc.
Neil Cohen, President of S2K Servicing, said, "David brings an impressive level of experience in reviewing and analyzing investment solutions for retail investors, combined with an in-depth understanding of what financial advisors need when they connect investment solutions with retail investors. He clearly has a passion for working with financial services businesses that prize independence and objectivity and a unique blend of professional strengths and convictions, to be an ideal fit with S2K's vision to redefine third party investment product distribution."
Mr. Fred commented, "It's clear that providers in the retail alternatives industry must adapt to deliver the best possible solutions to retail investors. I am proud to be joining the S2K team. It is a group that truly understands how the industry needs to transform going forward, and has wholeheartedly embraced that future."
About S2K Servicing
S2K Servicing provides due diligence, operations, administrative and marketing services to institutional investment managers.
About S2K Financial
S2K Financial is an independent wholesale broker-dealer that specializes in bringing top institutional managers to Independent Broker-Dealers and Registered Investment Advisors. For more information about S2K Financial, please visit www.s2kfinancial.com.
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