SEATTLE--(BUSINESS WIRE)--D.A. Davidson Companies announced today that Chet Helck, former executive for Raymond James Financial Inc. and renowned leader in the investment industry, has been elected to a three-year term on the company’s 12-person board of directors.
“We are pleased to have someone with Chet’s experience and business acumen join our board, and believe his understanding of our regional firm business model will be invaluable,” said Bill Johnstone, Executive Chairman of D.A. Davidson Companies.
Helck’s career in the securities industry spanned more than 30 years and included extensive work in sales and marketing to retail clients as well as experience in dealing with regulatory and compliance issues. Before his retirement in 2014, Helck was chief executive officer of Raymond James’ largest business unit, the Global Private Client Group, which grew significantly in size and reputation under his lead.
“We have known Chet for many years and admire the skill, intelligence and personal approach that he brings to our industry,” said Jim Kerr, President and CEO of D.A. Davidson Companies. “We look forward to the insights that he brings to D.A. Davidson.”
Helck had a long tenure on the Board of Directors of the industry’s largest organization, the Securities Industry and Financial Markets Association (SIFMA), including serving as Chairman of the Board in 2012.
Helck spent the majority of his career with Raymond James, serving as president and chief operating officer of the holding company, Raymond James Financial, from 2002 to 2009. He was then named executive vice president and also remained as COO until 2011, when he became CEO of the company’s Global Private Client Group. Beyond leading that key business unit, he also was a member of the company’s executive committee and board of directors. Helck assumed those responsibilities after various senior-level roles within Raymond James and its subsidiaries. Early in his career, he served as a financial advisor and regional leader with Edward Jones.
“I was privileged to lead one of the industry’s finest companies, and I am now honored to join the board of another company with a tremendous reputation,” Helck said. “I very much look forward to working with the D.A. Davidson team.”
About D.A. Davidson Companies
Employee-owned D.A. Davidson Companies is a diversified financial services holding company offering financial services and products to individual investors, families, businesses and municipalities nationwide. Founded 80 years ago, the company has more than 1,300 employees. D.A. Davidson Companies is headquartered in Montana, with major business hubs also in Denver, Los Angeles, Portland and Seattle.
D.A. Davidson Companies’ biggest subsidiary, D.A. Davidson & Co., is the largest full-service investment firm headquartered in the Northwest, and provides wealth management advice and services for investors and offers equity and fixed income capital markets services and advice. D.A. Davidson Companies also operates Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.