MORRISTOWN, N.J., Jan. 7, 2019 /PRNewswire/
Private Advisor Group, a hybrid RIA with over $17B in AUM supporting more than 600 independent advisors, announced today that Jim Hooks has joined the firm as Executive Vice President and Chief Compliance Officer.
“We are elated to add Jim to our organization,” said Patrick Sullivan, Managing Director and current Chief Compliance Officer of Private Advisor Group. “His depth of experience serving financial advisors in this capacity, coupled with his knowledge of regulatory and compliance issues and his ability to execute compliance programs, makes him the absolute perfect fit for this position and our firm at this time.”
Mr. Hooks will be responsible for managing all compliance and oversight activities at Private Advisor Group, which includes continuing to build out their proprietary compliance technology. Jim was most recently a Senior Vice President of Compliance, Legal and Risk at LPL Financial where he spent 14 years building out and managing the branch exam program. Prior to that, he spent 18 years at Raymond James in a variety of compliance and supervisory roles.
“This position could not match my passions better,” said Jim. “I am excited to continue to help advisors navigate the complexities of today’s regulatory environment while helping to shape a quickly evolving and growing firm like Private Advisor Group.”
“This position is part of the evolution of Private Advisor Group,” said Pat Sullivan. “As we continue to expand and increase the deliverables to our advisors, we stand ready to invest in areas of the business that require greater specialty and more support.” Pat will continue on as part of the executive team involved in managing the overall business.
About Private Advisor Group
Private Advisor Group is today’s independent solution built to support successful independent financial advisors. Our unique organization is designed to provide world class customer service, in-depth risk management and forward-thinking solutions. Advisors can expect extraordinary, personal support, and custom solutions — enabling them to stay focused on their business.