NFP Securities Inc. yesterday promoted James L. Poer to be president of its broker-dealer.
This is the third head of NFP Securities so far this year. Mr. Poer replaced Daniel J. Young, who took over the firm at the end of February. Mr. Young replaced Jeff Montgomery.
The broker-dealer arm of National Financial Partners Corp. of New York, NFP Securities of Austin, Texas, is one of the largest independent-contractor broker-dealers in the industry and last year reported $1.01 billion in revenue.
Since 2005, Mr. Poer had been senior vice president of advisory and investment services for NFP Securities.
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