Mary Simonson is a Bates Compliance Managing Director and a seasoned compliance professional with more than 30 years of experience in compliance, supervision, and risk management leadership roles. Prior to joining Bates, she was the Executive Vice President and Chief Risk Officer at Advisor Group, Inc., one of the nation’s largest networks of independent financial advisors, a role she assumed in June 2016. As Chief Risk Officer, Ms. Simonson was responsible for developing and maintaining Advisor Group’s risk management program to identify, reduce and measure the risk exposure of the firm and its broker dealers. She ensured continuity of core practices during the 2016 separation of Advisor Group from AIG, and the subsequent creation of the firm’s independent status.
Before assuming the role as Chief Risk Officer at the Advisor Group, Ms. Simonson was the Senior Vice President and Chief Compliance Officer of AIG Advisor Group, where she focused on the development, implementation and maintenance of all compliance procedures within the firm’s broker-dealers. She joined Phoenix-based SagePoint Financial, a member firm of Advisor Group, as a Vice President and Chief Compliance Office in 2010 and later assumed the additional role of CCO for two other member firms, Atlanta-based FSC Securities Corporation and New Jersey-based Royal Alliance Associates, Inc. Previous experience includes leadership roles in Compliance at Washington Mutual Bank, WM Financial Services, at CFM Partners, Inc., a governance and risk compliance firm, where she was Director of Business Development. Earlier, she held compliance roles at the Shearson Lehman, and Chemical Investments.
Ms. Simonson earned a bachelor’s degree in Business Administration from Pace University. She is registered with FINRA as a General Securities Representative Series 7, a General Securities Principal Series 24, and holds licenses for both Series 53 and Series 63.
Bates Group, Lake Oswego, OR, Managing Director, Bates Compliance, 2021-current
Advisor Group, Phoenix, AZ, Chief Risk Officer, 2016-2020
AIG Group, Phoenix, AZ, Senior Vice President, Chief Compliance Officer, 2014-2016
SagePoint Financial, Phoenix, AZ, Chief Compliance Officer, 2010-2014
West Coast Investments, Portland, OR, Vice President, Compliance Manager, 2010-2010
CFM Partners, Inc., Washington DC, Director, 2007-2010
WM Financial Services (subsidiary of Washington Mutual), Irvine, CA, Vice President, Sales Manager, 2004-2007
Washington Mutual Bank, Irvine, CA, Senior Vice President, Senior Compliance Officer, 2003-2004
WM Financial Services (subsidiary of Washington Mutual), Irvine, CA, First Vice President, Chief Compliance Officer, 1996-2003
CFM Partners, Inc., McLean, VA, Compliance Director, 1995-1996
Chemical Investment Services, New York, NY, Compliance Specialist, 1994-1995
Smith Barney, Inc., New York, NY, Assistant Vice President, Senior Branch Examiner, 1991-1994
Bachelor of Business Administration (B.B.A.), Business Administration and Management, General Pace University – Lubin School of Business, New York, NY
FINRA Series 7, 63, 24 and 53
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