Transamerica Financial Advisors Inc. (TFA), a broker-dealer and registered investment advisor headquartered in St. Petersburg, Fla., has appointed Steve Chipman to the position of president, the company said.

Chipman will lead TFA’s teams of registered and investment advisor representative professionals, while also scaling the company’s business as an investment services provider, the comnpany said in a press release. He reports to Todd Buchanan, president of World Financial Group and senior vice president in Transamerica’s Individual Solutions division.

“Steve is a celebrated industry expert who is known for his strong client, advisor, partner and employee relationships,” Buchanan said in a prepared statement. “He persistently drives growth and top performance, and has the outstanding ability to understand and resolve emerging challenges. We are excited that Steve will empower and engage TFA’s teams as they advise our clients.”

Chipman, an industry veteran with more than 25 years of advisory experience, joins Transamerica from Cambridge Investment Group Inc., where he most recently served as senior vice presidentcfor strategic initiatives. Chipman previously served as president and CEO of Foothills Securities Inc. in Silicon Valley, Calif. He served on the Finra Regulatory Advisory Council from 2013 to 2014.

Chipman graduated from the Isenberg School of Management at the University of Massachusetts Amherst, where he earned a bachelor’s degree in business administration and finance. Chipman attended the Securities Industry Institute at the Wharton School of the University of Pennsylvania. He holds Series 7, 24, 63 and 65 securities registrations.

Jamie Ohl, president of Transamerica’s Individual Solutions division, which includes the Transamerica Financial Advisors organization, praised Chipman in a news release announcing his hire.

“Steve offers unparalleled credibility to initiate valuable partnerships and relationships, guide strategic direction, and anticipate new business opportunities,” he said. “He will be a tremendous asset to Transamerica as we continue our growth strategy in advisory services.”