Timothy Cameron Joins SIFMA as a Managing Director
The Securities Industry and Financial Markets Association (SIFMA) has appointed Timothy Cameron as a managing director. He will become the principal staff advisor to SIFMA’s asset management group (AMG). Joe Sack, who had formerly held the position, will remain at SIFMA as AMG executive advisor.
In his new role, Cameron will be responsible for developing and managing a wide array of policy perspectives on issues that directly affect AMG members in co-ordination with key SIFMA policy and advocacy staff.
Prior to joining SIFMA, Cameron was president and chief executive officer at DWS Trust Company, a subsidiary of Deutsche Bank Americas. In that role, he led efforts to build a new governance structure to oversee fiduciary services that included: trustee of unregistered mutual funds, directed trustee of 401k plans, and custodian of IRAs. During his time at DWS Trust, Cameron was widely recognised for achieving the highest rating ever granted by a state banking regulator in areas of management, financial stability and corporate governance.
Before leading DWS Trust Company, Cameron was president of the Scudder Trust Company, a subsidiary of Scudder, Stevens & Clark based in Boston. While there, he transformed an existing IRA custodian bank into a broad resource offering fiduciary services for the parent’s institutional, individual wealth management, and retail teams.
Cameron has held numerous other wealth management positions in his career, including at State Street Bank & Trust Company, and founding his own firm, Andover Investment Alternative, based in Plymouth, Massachusetts.