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.
Richard J. Hagen, Jr. President, Brokerage and Wealth Management TradeKing and Ally Financial
Rich's experience in the online brokerage space dates back to the 1990s. As President of Brokerage and Wealth Management, Rich plays a central, hands-on role ensuring that the brokerage and online advisory businesses' strategy, technology, marketing, client service, and compliance groups all work in concert to deliver a great client experience. 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. DesmondChief Financial Officer
As Chief Financial Officer, Tom oversees the brokerage and online advisory businesses’ finance, accounting and strategic development activities. Before co-founding 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 brokerage and online advisory businesses’ 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.
Kevin DeloChief Information Officer
As CIO, Kevin leads the development and execution of TradeKing’s technology and product strategies. He is charged with building and managing the firm’s IT, engineering and product teams, while working to identify ways TradeKing can leverage technology innovations to enhance its online investing platform. This includes continuing to extend TradeKing’s pioneering social media, API, HTML5 website and mobile offerings to ensure the firm’s online investing experience meets evolving client needs.
Kevin brings more than 17 years of experience in developing and managing innovative, complex brokerage products for the retail investor. Prior to joining TradeKing, he served as E*Trade’s vice president, brokerage product management. Kevin holds a number of securities industry licenses, including NASD Series 7, NASD Series 24, NASD Series 4 and NASD Series 63. He graduated with honors from the University of California at Santa Cruz, with a B.A in Economics.