Allan Katz has been named chief financial officer at Siebert Williams Shank, the firm announced on Monday. Katz comes to Siebert from Guggenheim Securities, where he was also CFO.
Katz is well known for guiding operational improvement and expense control in the financial services sector, the firm said.
Guggenheim Securities is a FINRA-regulated broker-dealer. Katz was there 10 years, during a time of significant growth in revenue, earnings and headcount for the firm.
The firm said the move bolsters its 2024 growth strategy. Last week, SWS
Katz will work out of SWS' Wall Street office. The firm said he will be a key strategic partner to the executive management team and be focused on business strategy and growth while contributing to client service.
Before working at Guggenheim, Katz was at Citigroup, where he was a managing director for expense management and services.
Previously, he was at Nomura Holding America where he headed the global planning process, and traveled often to Japan, London, and Mumbai. He also led the transition services team responsible for negotiating infrastructure services and guiding the disposition of assets after the collapse of Lehman Brothers.
He began his career in the middle markets practice at Coopers & Lybrand before moving on to accounting and finance roles at J.P. Morgan and Mercer Management Consulting. He also held planning and analysis jobs at Merrill Lynch.
Katz has an MBA in finance and international business from the Stern School of Business at New York University and a BS in accounting from Binghamton University.
