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Management Team


Management Team

The TradeKing management team consists of leading financial industry veterans who have pioneered and helped shape just about every facet of the online brokerage business since the 1990s. We are a group of passionate, independent thinkers who never stop exploring new ways to improve trading for the self-directed investor and who don't mind shaking up the status quo to spur change for the better.

Donato A. Montanaro, Jr. (Don)

Donato A. Montanaro, Jr. (Don)Chief Executive Officer

As CEO of TradeKing Group, Don Montanaro is responsible for charting the company’s business course and overseeing all principal functions of the firm. Don has been at the forefront of online trading since its infancy, driving the evolution of the modern brokerage by connecting investors’ needs with visionary ideas made possible through breakthrough technology.

Before co-founding TradeKing in 2005, Don was formerly founder and president of SureTrade, Inc., an NASD member brokerage firm and a subsidiary of Quick & Reilly and later Fleet Financial. SureTrade was a pioneer in deploying live chat as a service channel, and was a leader at introducing options trading education to retail clients in the late 1990s. Under Don’s leadership, SureTrade grew to be the eighth largest online brokerage firm worldwide, processing over 50,000 trades daily. Don earned his J.D. from The Catholic University of America's Columbus School of Law and B.A. from the University of Notre Dame.

Richard J. Hagen, Jr.

Richard J. Hagen, Jr.President & Chief Operating Officer

As President & COO, Rich plays a central, hands-on role ensuring the firm's business strategy, technology, marketing, client service, and compliance groups all work in concert to deliver a great client experience. Rich’s experience in the online brokerage space dates back to the 1990s. Before co-founding TradeKing in 2005, Rich led H&R Block's online brokerage strategy and the integration of the company's online channel with its branch-office-based business model. Previously, Rich served as vice president at Foliofn and was in charge of its retail brokerage division. Rich also served as president of SureTrade, where he was responsible for the firm's overall strategy and operation. During that time, he played a key role within Fleet Financial, SureTrade's parent company, in developing Fleet's overall Internet strategy. Rich holds a B.A. in business and marketing from Southampton College.

Thomas A. Desmond

Thomas A. DesmondChief Financial Officer

As Chief Financial Officer, Tom oversees TradeKing’s finance, accounting and corporate development activities. Tom plays an important role in advising the executive team on how to reinvest wisely in both our business and our people, and to keep the firm on a steady and stable growth path. Before joining TradeKing, Tom was a co-founder, partner and managing director of Baird Venture Partners, LLC, a venture capital firm based in Chicago. Prior to Baird Venture Partners, Tom served as a vice president in Robert W. Baird & Co.’s Investment Banking Group. Tom was also a senior product manager and senior analyst at Morningstar, Inc., and an associate in Lehman Brothers Holdings Inc.'s Investment Banking Division. Tom earned an M.B.A. with distinction from the Kellogg School of Management at Northwestern University, an M.A. with high honors from Michigan State University and a B.A., cum laude, from the University of Notre Dame.

Philip A. ClaxtonChief Compliance Officer

In his role as TradeKing’s Chief Compliance Officer, Phil oversees the firm’s adherence to the securities industry’s ever-evolving regulations. One of TradeKing’s co-founders, Phil joined the company from E*TRADE Financial Corp, where he was the senior manager in charge of financial planning and analysis for the US brokerage. Prior to E*TRADE, Phil served as vice president of global Internet strategy for FleetBoston Financial, vice president of strategy for Quick & Reilly and chief financial officer for SureTrade. Phil received an M.B.A. with a finance concentration from New York University's Stern School of Business and a B.A. in both economics and computer science from New York University's College of Arts and Science.

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