Morgan Keegan has named Richard Ferguson as president of the firm’s private client group division effective January 1, 2010. Morgan Keegan’s private client group provides investment and wealth management services across the 19 states in the US.
Mr Ferguson, an executive managing director with Morgan Keegan, succeeds James Parrish, who is stepping down on December 31, 2009 after 10 years as president of the private client group. However, Mr Parrish will continue to represent the firm in a recruiting capacity and maintain his advisory practice.
Mr Ferguson said: “I’ve been privileged to have been a part of the Morgan Keegan corporate family throughout my career and feel honored to work with a group of people I have come to view as my extended family. I look forward to the opportunity to lead the private client group to more and greater success in the years ahead.”
