John R. Richter has left his full-time position as executive vice president of Independent Financial Marketing Group's product management division.
Mr. Richter will continue to seek business for the third-party marketing firm as an independent consultant, said a spokesman for Liberty Financial Cos., Boston, which owns Independent Financial.
The spokesman said that Independent Financial decided in developing its 1999 business plan that hiring Mr. Richter as a consultant would better serve the company's needs.
Mr. Richter, whose last day was Tuesday, did not return telephone calls. He joined Independent Financial in early 1997 from rival Invest Financial Corp., where he was executive vice president and director of sales and marketing.
Independent Financial, Purchase, N.Y., has 100 bank clients and more than $54 billion of assets under management.