Bloomington, Minn. (July 21, 2004) — National CPA and business consulting firm RSM McGladrey appointed David M. Pierce as president of its wealth management unit, effective immediately.

A 30-year veteran of the securities and insurance industries, Pierce comes aboard McGladrey after spending 16 years at Prudential Securities in a number of executive posts, most recently as regional president of Prudential's Atlantic Coast region. While there, he was credited with helping grow revenues in financial planning, trust, lending and insurance.

Prior to joining Prudential, Pierce held positions at Carolina Securities Corp., Merrill Lynch and Massachusetts Mutual.

In a statement, RSM president Steve Tait said that Pierce’s résumé “in growing and leading wealth management businesses will prove valuable as we extend our reach in personal wealth management services."

— WebCPA staff

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