Bear Stearns Investment Advisor Services Hires Christian Widen to Strengthen Sales Effort.NEW YORK -- Bear Stearns' Investment Advisor Services (IAS) today announced recent appointments to the IAS sales team. Christian Widen, a managing director with 11 years of financial services experience, joins Murali Balasubramanian, managing director, on the IAS east coast sales team. Both individuals report to Chris Nastopoulos, managing director and head of sales for IAS. These appointments are part of an ongoing growth strategy for Bear Stearns Broker-Dealer & Investment Advisor Services co-headed by John Tyers and Joe Triarsi. Prior to joining Bear Stearns, Mr. Widen was a Vice President at Fidelity Investments' RIA (Rich Internet Application) A Web-based application that approaches the speed and elegance of a local application. An RIA may refer to a browser-based application that uses AJAX or another enhanced coding technique. group. In 2003, he was the recipient of Fidelity's President's Club Award as top sales executive in the country. Previously, he worked for a large broker-dealer and RIA in New England. Christian holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in International Business, an M.B.A. in Management from Johnson & Wales University and is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. (CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. ) charterholder. Mr. Balasubramanian, a 17 year veteran of Wall Street, joined Bear Stearns Investment Advisor Services in May 2006. Prior to joining Bear Stearns, he was Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Goldman Sachs' Private Wealth Management Development organization. There he was responsible for implementing the growth plan for the Private Wealth Management business by recruiting, mentoring, training and measuring the success of investment professionals worldwide. "These appointments further strengthen our ability to grow our business and meet the needs of our clients," said Mr. Nastopoulos. "Christian has tremendous knowledge of the industry and a clear record of success. He has a comprehensive understanding of the RIA market which enables him to deliver individual wealth management solutions to our clients. Murali has an established record of success in this industry. He has been a great asset in developing our IAS business." IAS is a business unit of the Global Equities division of Bear, Stearns & Co. Inc. (together with Bear, Stearns Securities Corp., "Bear Stearns"). Bear Stearns provides trade execution, custody, clearing services, technology, wealth management solutions, and investment products to over 100 Registered Investment Advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in clients. About Bear Stearns Founded in 1923, The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange : BSC) is a leading financial services firm serving governments, corporations, institutions and individuals worldwide. The Company's core business lines include institutional equities, fixed income, investment banking, global clearing services, asset management, and private client services. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has approximately 14,500 employees worldwide. For additional information about Bear Stearns, please visit the firm's web site at www.bearstearns.com. |
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