Douglas Yones ChFC®, CETF®

Experience

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  Vanguard

  Jul 1998 - Dec 2011

  • Serve as the technical expert for Vanguard investments, the ETF marketplace, and the trading and execution of ETF securities • Deliver product and industry research to executive leadership through the development of new Vanguard ETFs• Responsible for the creation and delivery of sales presentations and seminars, onsite meetings with executive decision makers and portfolio/asset managers, and the collaboration across marketing and legal teams to build and deliver appropriate collateral• Act as a liaison between Vanguard’s portfolio managers and the market making community• Work directly with LMMs/DLPs, ETF specific desks, and the market making community to ensure tight spreads as well as deep and liquid markets for Vanguard ETFs• Develop and manage relationships with equity exchanges in support of current and future growth strategies• Own the process of gathering external seed capital commitments for future ETF launch efforts• Develop and deliver technical trainings for the Financial Advisor Sales department• Responsible for the process of authorizing, auditing, and updating Vanguard ETF Authorized Participants• Provide in person and home office support for external, internal and hybrid wholesalers Show less • Responsible for the development, launch, and supervision of a specialized service model for high net worth and institutional clientele. The business maintained over $2 billion under management and generated over $500 million in new money annually• Responsible for prime brokerage trading and firm settlement activities • Directly responsible for six line managers; departmental supervision of eighty-five employees• Managed teams responsible for trade execution for financial planning and advisory services• Managed employees handling incoming ETF calls and equity transactions for retail client groups• Supervised relationship managers working with RIA management firms as well as execution and security delivery for the Charitable Endowment Programs Show less

  • ETF Product Manager, Capital Markets

    Jul 2008 - Dec 2011

  • Brokerage Services Manager

    Feb 2002 - Jul 2008

  • Trade Liaison / Equity Block Trading

    Jul 1998 - Feb 2002
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  Vanguard Investments Asia

  Nov 2011 - Sept 2014

  Head of ETFs, Asia

  • Responsible for the development and launch of Vanguard’s ETF platform in Asia.• Completed the hiring and development of the Asia Capital Markets and Product Management teams inclusive of product strategy and implementation. • Personally responsible for managing and supporting the ETF primary and secondary markets as well as new product development in the region.• Develop and deliver insight, commentary, and formal documentation to support Vanguard’s messaging and sales opportunities in Asia.• Work with Asia professional bodies, stock exchanges, and regulators to provide recommendations with respect to market structure and proposed regulations. Show less

• 

  Vanguard

  Sept 2014 - Nov 2015

  Head of Domestic Equity Index/ETF Product Management
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  NYSE

  Nov 2015 - now

  Head of Exchange Traded Products

  Douglas Yones is currently the Head of Exchange Traded Products at the New York Stock Exchange, where he oversees the listings and operations teams responsible for the ETP, Closed End Funds and SPAC businesses. His department is responsible for the delivery of customized, full service end-to-end capabilities for exchange traded product issuers. From the moment an asset manager begins developing their mandate, the team at the NYSE can help to drive product and index development, regulatory guidance and legal support, an unparalleled listing day experience, and long-term enhancement of product growth and distribution alongside superior market quality and liquidity. Show less