Comey's tenure took effect on October 1, 2005,[67] serving in that capacity until June 2, 2010, when he announced he would leave Lockheed Martin to join the senior management committee at Bridgewater Associates, a Connecticut-based investment management firm.[68] Comey received a three million dollar payout from Bridgewater, and his net worth is estimated at 14 million dollars.[69][69] In February 1, 2013, after leaving Bridgewater, he was appointed by Columbia University Law School as a Senior Research Scholar and Hertog Fellow on National Security Law.[70] He was also appointed to the board of directors of the London-based financial institution HSBC Holdings,[71] to improve the company's compliance program after its $1.9 billion settlement with the Justice Department for failing to comply with basic due diligence requirements for money laundering regarding Mexican drug cartels and terrorism financing.[72][73] Since 2012, he has also served on the Defense Legal Policy Board.[74]