John Tovar oversees Institutional Brokerage Services, which includes trading, fixed income sales, relationship management, client services, technology, tax and retirement plan services and operations for the over 4,500 Independent Registered Investment Advisors that custody assets at TD Ameritrade Institutional. Tovar also oversees the TD Ameritrade self-directed brokerage business.
Tovar joined the Company in 1992, and was previously responsible for trading and fixed income for the Institutional business. Tovar has held a variety of roles over his 20-year tenure, including key management positions in Retail Brokerage Services at Jack White & Company and National Retail Services at TD Waterhouse, and ultimately in TD Waterhouse Institutional in 2000.
Tovar is based in Fort Worth, Texas and has Series 4, 7, 8, 24, 53, 63 and 65 licenses. He completed the Securities Industry Institute program, sponsored by the Securities Industry and Financial Markets Association (SIFMA) at the Wharton School of Business. Tovar also earned the Accredited Investment Fiduciary (AIF®) designation from the Center for Fiduciary Studies.