Business

Revolutionizing Finance: The Story of Timur Turlov

Career Beginnings

Timur Turlov, born on November 13, 1987, in Moscow, embarked on his professional journey in 2003. He started as a trader at the Moscow branch of the American investment company World Capital Investments (WCI). This role was crucial in providing him with deep insights into financial markets and refining his trading skills. In 2005, he furthered his career by joining “Utrade.ru”, a subsidiary of “Uniastrum Bank”, where he handled operations on the American stock market, enhancing his expertise in the financial sector.

Founding of Freedom Finance

In 2008, Turlov made a pivotal move by founding Freedom Finance. The company aimed to provide access to American stock exchanges and brokerage services. Under Turlov’s visionary leadership, Freedom Finance experienced rapid growth, attracting retail investors through the active sales of American securities. The company’s success was recognized in 2018 when it received the “Financial Elite of Russia” award as the fastest-growing broker, underscoring Turlov’s exceptional leadership.

Expansion to Kazakhstan

In 2011, Turlov and his family relocated to Kazakhstan, marking a new chapter in both his personal and professional life. In 2013, he established a subsidiary, Freedom Finance JSC, in Kazakhstan. This expansion showcased his ability to adapt and succeed in diverse markets. By 2015, Turlov became the main shareholder of Freedom Holding Corp, further cementing his influence in the financial industry.

NASDAQ Listing

One of Turlov’s most significant achievements came in 2019 when he successfully listed Freedom Holding Corp. on NASDAQ. This historic move made Freedom Holding Corp the first financial organization from the CIS to be listed on this prestigious exchange. This milestone not only highlighted Turlov’s career but also marked a significant achievement for financial organizations in the CIS.

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Early Life and Education

Turlov’s journey to success began with his education. He attended the Moscow State Technological University named after K.E. Tsiolkovsky, graduating in 2009 with a bachelor’s degree in “Economist-Manager”. This solid educational foundation was instrumental in preparing him for his future endeavors in the financial industry.

Personal Life

Beyond his professional accomplishments, Turlov is a devoted family man. He is married and has six children. During the 2010s, he moved with his family to Kazakhstan and currently resides in Almaty. In 2022, he obtained Kazakhstani citizenship, renouncing his Russian passport, a move that reflects his deep connection to his new home.

Timur Turlov’s journey from a trader to the founder of a NASDAQ-listed company is truly inspiring. His dedication, hard work, and visionary approach have significantly impacted the global financial industry. As he continues to lead Freedom Finance, Turlov remains a prominent figure on the international stage, driving innovation and growth in the financial sector.

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