Christopher Sandel received word Tuesday that he will now be serving as Penson Financial Services as its new senior vice president.
Sandel will join Penson from ADP Clearing and Outsourcing Services, where he was formerly a managing director.
In his new role, Sandel will oversee Penson’s clearing services, new business development and new product development for the firm.
“Chris Sandel is well known in our industry for his vast experience in trading, clearing and execution services and for his knowledge of operations,” says Bill Yancey, president and CEO of Penson Financial Services. “His extensive experience in establishing new business relationships and operational procedures to meet client, associate and shareholder needs will benefit Penson.”