Wedbush Securities announced today the appointment of Bob Fitzsimmons as a Managing Director. In this capacity, Bob will oversee the business operations within the Futures Commission Merchant (FCM) division, with a focus on developing and defining the strategic direction for the Futures and Treasury division. Bob is based in the Chicago office and reports to Executive Vice President of Wedbush Securities, Rich Jablonski.
Wedbush Futures, a division of Wedbush Securities Inc., is one of the largest capitalized non-bank Futures Commission Merchants (FCM) in the United States.
Bob joins Wedbush Securities from Coveney Trading LLC, his own proprietary options trading firm. Prior to that, he was CEO of Optionshop where he provided strategic direction and day-to-day operations for the online futures brokerage. He also held CEO tenures with several other financial services organizations including ITG Derivatives and NQLX.
As a member of the Treasury Division Executive Management Team, Bob joins Tony Huck, President and COO of Wedbush affiliate, Lime Brokerage, whose primary focus is financial technology and market access, and Tom Anderson, Senior Vice President and Head of Sales, whose core division oversight is business development. Moreover, Managing Director, Joe Signorelli, will continue to lead all client service initiatives within the division.
Mr. Fitzsimmons commented briefly on the appointment:
I am honored to be joining Wedbush Securities where I am at the forefront of the company’s strategic direction.
Rich Jablonski, Executive Vice President and CFO of Wedbush Securities, added:
Bob’s leadership and extensive experience perfectly positions him to oversee this division going forward. In conjunction with the executive team, Bob will assume a key role in the management and vision for our business, and we are happy to welcome him to Wedbush.
Bob received his Bachelor’s degree in economics from Harvard University and his MBA from the Booth School of Business at the University of Chicago.