Steve Dowden, president/CEO of CUNA Brokerage Services Inc. will leave the company at the end of October to serve as president/CEO of broker-dealer INVEST Financial Corp., the firm announced today.
The Tampa, Fla.-based INVEST said Dowden, who will start his new role in November, succeeds Lynn Niedermeier, who retired in July after serving as the firm's president/CEO since 2001.
In addition to heading CUNA Brokerage, Dowden has served as senior vice president of distribution at the Madison, Wis.-based company. The 25-year financial industry veteran led a sales force of 550 advisers and was responsible for all sales within CUNA Brokerage's asset accumulation division, according to INVEST. Dowden also developed and implemented the company's MEMBERS financial services and wealth management platform during his eight years with the firm, INVEST said.
INVEST, a subsidiary of the National Planning Holdings Inc. independent broker-dealer network, counts credit unions among its clientele. NPH is an affiliate of Jackson National Life Insurance Company.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
