What's Happening?
Ned Wesley Bennett, a prominent figure in both the financial and entertainment industries, passed away peacefully in Santa Fe, New Mexico, on October 1, 2025. Born in Columbus, Ohio, in 1942, Bennett's
career spanned various fields, including finance, entertainment, and broadcasting. He was a graduate of The Ohio State University and played football under coach Woody Hayes. Bennett's career began in the entertainment industry, where he helped build and manage venues like the Cape Cod Coliseum and the Mid-Hudson Civic Center. Transitioning to finance, he became a key player at Geldermann Securities and later co-founded optionsXpress Holdings Inc., which went public in 2005 and was eventually acquired by Charles Schwab. In his later years, Bennett fulfilled a dream by co-founding Bravo Mic Communications LLC, operating multiple radio stations in New Mexico.
Why It's Important?
Ned Bennett's contributions to the financial industry, particularly through optionsXpress Holdings, significantly impacted the options trading landscape. His innovative approach helped democratize options trading, making it more accessible to individual investors. The success of optionsXpress under Bennett's leadership exemplifies the potential for innovation in financial services to drive industry-wide change. Additionally, his ventures in the entertainment and broadcasting sectors highlight the diverse applications of entrepreneurial skills across industries. Bennett's legacy is a testament to the impact of visionary leadership and innovation in shaping business practices and consumer experiences.
What's Next?
A celebration of Ned Bennett's life is scheduled for December 27, 2025, at the House of Blues in Chicago, Illinois, with a secondary event planned in Santa Fe, New Mexico. These events will honor his multifaceted career and contributions to various industries. The continuation of his legacy through Bravo Mic Communications and the ongoing influence of optionsXpress in the financial sector will likely be focal points of remembrance. His family and colleagues may continue to uphold his values of innovation and community engagement in their respective fields.
Beyond the Headlines
Ned Bennett's life story underscores the importance of adaptability and vision in achieving success across different industries. His ability to transition from entertainment to finance and later to broadcasting demonstrates the value of diverse experiences and skills in navigating complex business environments. Bennett's passion for flying and music, alongside his professional achievements, reflects a well-rounded approach to life that balances personal interests with career ambitions. His involvement in community-oriented projects, such as Bravo Mic Communications, highlights the role of business leaders in fostering local culture and media.
