Founder & CEO
Larry is the founder and CEO of TABB Group, the financial markets’ research and strategic advisory firm focused exclusively on capital markets. Launched in 2003 and based on the interview-based research methodology of “first-person knowledge” he developed, TABB analyzes and quantifies the investing value chain from the fiduciary, investment manager, broker, exchange and custodian, helping senior business leaders gain a truer understanding of financial markets issues.
In March 2012, the US Commodity Futures Trading Commission selected Larry to assist their CFTC Technical Advisory Committee as a member of its Subcommittee of Automated and High Frequency Trading (HFT) to create a definition for high frequency trading within the context of automating trading systems. In September 2012 he was invited by the US Senate Committee on Banking, Housing, and Urban Affairs to testify at the Senate Subcommittee on Securities, Insurance and Investment session on “Computerized Trading: What Should the Rules of the Road be?”, chaired by Senator Jack Reed (D-RI).
Before founding TABB Group, he was vice president of TowerGroup’s Securities & Investments practice where he managed research across the capital markets, investment management, retail brokerage and wealth management segments. As the founding member of TowerGroup’s securities and investments business, he grew the business into a global brand representing over 150 research clients around the world.
Quoted extensively and in virtually all industry and general news publications, he has been cited in The Wall Street Journal, Financial Times, Associated Press, The New York Times, CNN, Bloomberg, CNBC, Reuters, Dow Jones News, Barron’s, Forbes, Business Week, Financial News, Wall Street & Technology, Securities Industry News, Waters, Computerworld, eWEEK, American Banker, The Banker, Hedge Fund Review and Wall Street Letter. He continues to be a featured speaker at major industry and business conferences throughout the US, Europe, Asia and Canada.
Prior to TowerGroup, he managed business analysis for Lehman Brothers’ Trading Services Division, responsible for overseeing specification, testing and implementation of dozens of major systems. He also led capital markets technology planning at Lehman, developing one- and three-year technology plans. His markets experience also includes managing operations for the North American Investment Bank of Citibank, including front-office trading and finance operations, back-office money market operations and, for US Treasury debt, proprietary trading clearance and settlement operations.