Benjamin F. Edwards & Company executed a sweeping board restructuring with six departures and a new generation of leadership hires, PNC Capital Markets elevated its Chief Risk Officer to Chief Compliance Officer, and 25 role changes made this the most leadership-active day of February across 118 total events.

Benjamin F. Edwards: Generational Board Transition

Benjamin F. Edwards & Company, Inc. (CRD 146936) in St. Louis recorded the single largest personnel event of the week — six board-level departures paired with strategic new hires and role changes. Directors Neal James Baumann (CRD 1480636), Roland Harold Deliniere (CRD 1038322), Mark Patterson Fellows (CRD 1600661), David William Hanson (CRD 715793), and Joanne Marie Welker (CRD 2300075) all departed, along with Matthew R. Salamon (CRD 1858581), who had served as Director, Corporate Secretary, and Director of Law & Legal Services.

In their place, the firm hired Brooke Danielle Eggleston (CRD 7528898) as Director and Chief Human Resource Officer, and Gwendolyn Madison Taylor (CRD 4812432) as Director and Chief Legal Counsel. Existing leaders were retitled: Christopher M. Keller (CRD 4346617) moved from Director of Operations, Technology & Analytics to Director of Business Services, and Douglas David Rubenstein (CRD 1138380) had his COO title updated.

The scope of the changes — replacing more than half of the board in a single filing — represents a generational leadership transition at the independent full-service brokerage firm. The new hires bring dedicated HR and legal expertise to the board level, suggesting the firm is professionalizing its governance structure as part of a broader modernization effort.

PNC Capital Markets: Chief Risk Officer to CCO

PNC Capital Markets LLC (CRD 15647) in Pittsburgh elevated Mary Patricia Pumphrey (CRD 2513345) from Chief Risk Officer to Chief Compliance Officer. The CRO-to-CCO career path is a natural transition — both roles require deep expertise in regulatory frameworks, risk identification, and control design. At PNC Capital Markets, which is the institutional broker-dealer arm of PNC Financial Services Group, the move consolidates risk and compliance functions under a leader with enterprise-wide risk management experience.

Gagnon Securities Reorganizes Leadership

Gagnon Securities, LLC (CRD 103727) in New York added three new members — James Colby (CRD 6321555), Gabrielle Rosenfeld (CRD 7157921), and Jessica Rose Vingiello (CRD 7178104) — while moving Lisa Catherine Ferrante (CRD 3135415) from Chief Compliance Officer to Chief Administrative Officer. Like Beacon Securities earlier this week, this CCO departure creates an immediate compliance vacancy.

Andes Capital Group Splits CEO and CCO

Andes Capital Group, LLC (CRD 139212) in Chicago restructured Curtis Lavell Spears' (CRD 4117812) combined title from President, CEO, CCO, and AML Compliance Officer to President, CCO, and AML Compliance Officer — dropping the CEO designation. The separation of the CEO function suggests the firm may be adding a separate chief executive, which would improve governance by separating strategic leadership from compliance oversight.

25 Role Changes Set February Record

Twenty-five role changes were recorded across the broker-dealer vertical — the highest single-day count this month. The elevated volume of retitlings, promotions, and lateral moves signals that broker-dealers are actively restructuring their leadership teams in early February, often as part of year-end organizational planning that takes effect in the new fiscal period. Several of these role changes involved CCO transitions, continuing the month's elevated compliance officer turnover.

Across the Wire

Twenty personnel changes, 17 registration changes, nine executive departures, eight new hires, two disclosure changes, and one status change rounded out the broker-dealer activity. Seventeen advisor moves and 16 RIA disclosures were recorded in the advisory channel. Two RIA firms graduated from the 120-day process. No enforcement actions, press releases, or banking events were recorded — making this a purely market-structure and personnel day.

All data sourced from FINRA BrokerCheck, SEC EDGAR, and the Finleet Terminal as of February 7, 2026. Entity profiles are available at terminal.finleet.com.