Geller & Co., a New York financial advisory and wealth management firm, said it hired Steve Fadem as a senior managing director and chief operating officer.

In this newly created post, Fadem is to oversee Geller's daily operations, working closely with Martin Geller, the company's founder and chief executive officer, it said Tuesday.

Fadem was president and CEO of Relegence Corp., an online search business for the financial services industry.

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