Sikich Investment Banking and Wealth Management appoints Chief Compliance Officer

Business Woman

When Nickie Chapman started at Sikich in 2007, there were 250 employees and eight service lines, including a struggling investment bank and a small wealth management unit.

Named Chief Compliance Officer as of February 1, Chapman is now responsible for the regulatory elements of the Investment Bank at a firm that has expanded to employ nearly 600 people with 14 service lines, an investment bank that has worked with the likes of Google and Targus, and a wealth management unit with $600m of assets under management. In addition, Chapman will take over compliance for the firm's Wealth Management service area upon meeting additional regulatory requirements.

Previously acting as the Vice President of Operations & Compliance and Financial and Operations Principal for Sikich Investment Banking, Chapman originally planned to enforce policies at a much more literal level as a Chicago Police Officer. However, upon starting a family during the police hiring process, she opted for a less dangerous career in the corporate world. After nine years in operationally focused roles at several Chicago-based investment banks, Chapman landed at Sikich as the Vice President of Operations for the then-troubled investment banking group.

In 2008, when Partner-in-Charge Chris Geier took charge of the investment bank, he reorganized the unit and launched a registered broker-dealer, Sikich Corporate Finance LLC. Chapman and an Analyst became his first employees, with Chapman serving as Geier's right hand.

The newly formed broker-dealer created a vacuum that needed to be immediately filled: compliance. With Geier in the role of Chief Compliance Officer, he still needed to not only secure and run deals, but also manage the investment bank. Geier had Chapman sit for the requisite exams to take responsibility for the financial books and records and assist him with compliance. At that point, Chapman's position became VP of Operations & Compliance and Financial and Operations Principal, allowing her to assume responsibility for the broker-dealer's financials.

'Nickie was more talented than the role she had been hired for,' said Geier, 'so we kept challenging her, and she kept succeeding. We're looking forward to seeing her continue that pattern in her new role.'

In her new role as Chief Compliance Officer, Chapman will also continue to oversee the investment bank's operations and financial books and records.

'In keeping with the Sikich 'one firm' approach to managing our coordinated, comprehensive solutions, it only made sense for us to centralize this key responsibility,' said Diana Jordan, Partner-in-Charge of Sikich Financial. 'With her strong analytical ability, attention to detail and knowledge of the regulatory environment, Nickie is well-equipped to build and maintain the integrity of our compliance program.'

Chapman holds a bachelor's degree in organizational development from DePaul University in Chicago.

image: © groundswellzoo

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