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Wednesday, March 30, 2011

Who Will Lead FSC Securities?

News summary by MFWire's editors

AIG just said goodbye to one of its three broker-dealers' chiefs. Financial Planning's Donna Mitchell reports that Marks Schlafly stepped down as president and CEO of independent B-D FSC Securities "to return home to St. Louis for family reasons."

According to the pub, Advisor Group president and CEO Larry Roth will take the reins at FSC until AIG finds a successor for Schlafly.

"We respect his decision and wish him every success in the future," AIG spokeswoman Linda Malamut reportedly stated. "We recognize Mark's many accomplishments and thank him for his dedicated service to FSC Securities and Advisor Group." 

Edited by: Neil Anderson, Managing Editor


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