OAK BROOK, Ill., Nov. 14, 2016 /PRNewswire/ -- Millennium Trust Company, a leading provider of alternative asset custody solutions to institutions, advisors, and individuals, has named Tom Daley as Managing Director of the firm's Alternative Solutions Group.
"Tom's varied experience and demonstrated leadership abilities will be a tremendous asset to Millennium Trust's continued growth," said Millennium Trust CEO Gary Anetsberger. "He shares our advisor-centric philosophy and commitment to providing solutions that allow advisors and fund managers the ability to include a wider range of alternative investment vehicles, including private equity, real estate, precious metals, and marketplace lending, in their investing strategies." Mr. Daley brings 25 years of extensive experience in the financial services industry to his new position with Millennium Trust, including 12 years as a senior executive with LPL Financial Services, where his leadership in the areas of business development and financial advisor relationship management helped grow the firm into an industry powerhouse and household name. In his new role, Mr. Daley will be drawing on that experience as he focuses on building awareness of the Millennium Trust brand in the RIA and financial advisor marketplace. "Millennium Trust is an incredibly strong, service-oriented custodian and offers financial professionals a tremendous value proposition," said Mr. Daley. "Among my goals here is helping advisors to understand how to access alternative assets to help build diversified portfolios for their clients. Millennium Trust continues to invest heavily in technology to further streamline our electronic end-to-end process so advisors can easily add alternative asset classes to client portfolios." After leaving LPL, Mr. Daley founded The Adviser Center, which was the industry's first on-line educational and recruiting marketplace where financial advisors can anonymously explore, educate, and engage with broker-dealers, RIAs, and custodians within a centralized portal. Earlier this year he engineered the sale of The Adviser Center to Crain Media's InvestmentNews. The site has since been fully-integrated into the InvestmentNews service offering and remains a valuable tool for RIAs, broker-dealers, custodians and financial advisors.