Jim McDermott Appointed Managing Director at Financial Services Firm
1 report, 1 independent
Updated Sep 24
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What happened
Wedbush announced the appointment of Jim McDermott as Managing Director, Investments, within its Wealth Management division. The firm is based in Chicago. McDermott brings over 30 years of experience in the sector, having previously worked at Osaic Wealth, Wells Fargo Advisors, Oppenheimer & Co., Morgan Stanley, and Prudential Financial.
From manilatimes.net
Why it matters
The appointment strengthens the firm's presence in the Chicago market and reflects a continued investment in experienced advisors. McDermott's career trajectory includes significant roles at major financial institutions like Morgan Stanley and Prudential Financial.
From manilatimes.net
Who's involved
- Jim McDermottAppointed Managing Director, Investments, at a financial services firm based in Chicago.
- Morgan StanleyFormer employer of Jim McDermott during a specific period.
- Prudential plcPrevious employer of Jim McDermott.
Keep exploring
The entities involved
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Jim McDermott
U.S. congressman
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Morgan Stanley
U.S. investment bank
- Morgan Stanley increased its price target for SLM Corporation on September 2, 2026.
- An offering was filed with the SEC on July 22, 2025, involving Simmons Bank, with joint book-running management from Stephens Inc., Keefe, Bruyette & Woods, and Morgan Stanley, and co-management from Robert W. Baird & Co.
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Prudential plc
British multinational life insurance and financial services company