Payne was latterly a senior vice president and chief operating officer at the firm, but his position has been expanded to include oversight of the firm’s daily operations, technology, accounting and advisor compensation departments.

Strauss was formerly a vice president, as well as Triad’s deputy chief compliance officer. He is now responsible for the oversight of daily compliance functions and ensuring compliance with state, federal and self-regulatory agency regulations.

It is not known whether Strauss replaces anyone in the capacity of chief compliance officer, and the firm could not be reached at the time of publication.

Triad Advisors is an independent broker-dealer, and a subsidiary of Ladenburg Thalmann Financial Services.