Thomson Reuters, a global mass media and information firm, has appointed David Akellian as the new managing director (MD) for its North American wealth management business.

Akellian will be based in New York and will report to financial sector managing director Abel Clark.

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Along with his team, Akellian will be responsible for extending Reuters’ partnership with customers and offering next generation of innovative solutions.

Akellian, who has over 30 years of experience in the financial services sector, most recently served at LPL Financial as executive vice president and head of platform solutions.

He also had stints as chairman and CEO at Century Securities Associates, managing director and head of global clearing and execution services at Merrill Lynch, and COO and head of investment manager services for the Pershing division of Donaldson, Lufkin, & Jenrette.

Thomson Reuters North American Wealth Management business offers wealth managers access to a complete suite of integrated front office and back office technology solutions to help them manage their daily brokerage operations and regulatory and compliance requirements.

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