TD Ameritrade Appoints President

Tom Nally was appointed president of TD Ameritrade Institutional, the firm’s business unit serving independent registered investment advisers (RIAs).  

Nally will replace Tom Bradley, who will become TD Ameritrade Holding Corp.’s president of retail distribution. Bradley is taking the position of John Bunch, who resigned from his position as president of retail distribution effective February 10 to take the top leadership role at an investment advisory firm.

Nally has been with the company since 1994 and served as a 12-year veteran of Bradley’s management team. He most recently oversaw all aspects of the business unit’s sales. He and his team were responsible for developing new RIA relationships and delivering practice management solutions that assist RIAs in achieving their strategic business objectives.

Nally has held a variety of positions for the firm and has had responsibility for trading, fixed income, adviser relations, client service, adviser technology, account services and operations serving the independent RIAs who custody assets with TD Ameritrade Institutional.

Nally will also join the company’s senior operating committee, a group of senior executives who are responsible for the strategic direction and decision-making at the company. The executives report directly to Fred Tomczyk, president and chief executive officer.