Shawn Mihal


Waddell & Reed, Inc.

Shawn Mihal joined Waddell & Reed, Inc. (W&R) and Ivy Distributors, Inc. (IDI) in March 2015. Prior to joining W&R and IVY, he served as Vice President and Chief Compliance Officer for Transamerica Financial Advisors, Inc. (TFA) in St. Petersburg, FL from September 2010 to March 2015 and as Chief Compliance Officer for Great American Advisors, Inc. (GAA) in Cincinnati, OH from October 2004 to August 2010. As CCO of GAA, Mr. Mihal was responsible for the development of GAA’s compliance program, as well as the review and examination of GAA’s broker-dealer and investment adviser policies and procedures. He was also responsible for the general management and leadership of the firm’s compliance staff including the handling of advertising and sales literature reviews, customer complaints, litigations and arbitrations, branch office audits, licensing and registrations, email surveillance implementation, and internal investigations. As VP & CCO of TFA, Mr. Mihal was responsible for the leadership of the firm’s compliance functions including TFA’s regulatory compliance initiatives. He engaged in preparing TFA for various regulatory examinations and new Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and Department of Labor (DOL) regulations including SEC custody rules, FINRA suitability and know your customer rules, and DOL 408(b)(2) fee disclosure regulations. He participated in various firm committee functions including Due Diligence, Operational Risk Management, and Special Review Committee. He was also the chairperson for the firm’s Market Risk Committee and he created the firm’s Compliance Input Committee which was an Advisor-based committee designed to provide the firm with input relevant to various regulatory, compliance, and supervisory issues. At W&R and IDI, Mr. Mihal is responsible for the leadership of the firms’ compliance functions including investment advisory compliance, branch examinations, customer complaint resolution, supervisory controls, communications with the public review, email surveillance, and trade exception reporting. Mr. Mihal earned his Bachelor’s degree in Business Economics from the University of Cincinnati. He holds FINRA Series 7 and 24 securities registrations and a NASAA Series 66 investment advisor registration. He was elected as a member of the Financial Services Institute’s Compliance Council in 2014 for a three year term, he served as a Board Member of the Florida Securities Dealers Association in 2013, and has been a member of the National Society of Compliance Professionals since 2004. Shawn M. Mihal Senior Vice President, Chief Regulatory Officer, Chief Compliance Officer Waddell & Reed, Inc., Ivy Distributors, Inc.

Related Sessions

View full schedule

Quick Links

For More Information, Contact Us:

(860) 672-0843