Thomson Reuters Appoints David Akellian as Managing Director of Wealth Management

NEW YORK, April 22, 2015 (GLOBE NEWSWIRE) -- Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the appointment of David Akellian as managing director of Wealth Management. Akellian will be based in New York and will report to Abel Clark, managing director, Financial sector.

In his new role, David will lead the Thomson Reuters North American Wealth Management business, which delivers a complete suite of integrated front office and back office technology solutions to leading wealth management firms to manage their daily brokerage operations and complex regulatory and compliance requirements. David and his team will extend Thomson Reuters partnership with customers and deliver the next generation of innovative and market leading solutions. By integrating industry-leading market data and news coverage with advisor workflow tools in the front office and BETA transaction processing in the back office, we will continue to help our enterprise customers meet their evolving regulatory and business growth requirements.

David has over thirty years experience in the financial services industry and is ideally suited to lead Thomson Reuters North American Wealth Management business. He joins Thomson Reuters from LPL Financial, where he was most recently executive vice president and head of Platform Solutions. He has a successful history of leadership roles in financial services organizations including as chairman and CEO of Century Securities Associates, a subsidiary of Stifel Financial and as managing director and head of global clearing and execution services for Merrill Lynch, as well as COO and head of investment manager services for the Pershing division of Donaldson, Lufkin, & Jenrette.

"We are delighted to welcome David to Thomson Reuters," said Clark. "We are committed to our customers' success and helping ensure that they thrive in a rapidly changing market. The appointment of David to lead our North American Wealth Management business, with the vast experience that he brings, is a clear demonstration of this commitment. David will provide key leadership as we further enhance our best in class solutions that address key operational challenges and let advisors focus on building relationships and growing their business."

David is a FINRA Series 7, 24, 63, and 65 registered representative.

Thomson Reuters Wealth Management, available through Thomson One and BETA, meets the end-to-end needs of wealth management firms and delivers advanced wealth management tools for financial advisors. The Thomson Reuters platform provides a complete suite of integrated front office and back office technology solutions to manage daily brokerage operations, and complex regulatory and compliance requirements. The platform offers direct access to industry leading market data and news coverage along with advisor workflow tools, including PropGen, Book Management and Managed Account portfolio management. For more information, go to http://financial.thomsonreuters.com/en/markets-industries/wealth-management-solutions.html?gclid=CMCprNGQ58QCFQwLaQod9bkAGQ

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com/

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