New York, NY
Over 18 years of successful financial services business development with an emphasis on innovative approaches and solutions. Experienced with mergers, acquisitions, and recruiting. A proven ability to quickly and efficiently adapt to and implement change and to lead diverse individuals and teams with a wide range of financial products and investment vehicles. Seeking new challenges and personal growth opportunities.
Beech Hill Securities, Inc. New York, N.Y. Chief Executive Officer January ‘08 – Present
Managing the daily operations of a broker/dealer with affiliated asset management, investment banking, hedge funds, mutual funds, and retail brokerage businesses. BHS, headquartered in NYC, has branch offices in NJ and FL., with additional satellite offices and 40 personnel.
●Led the acquisition and integration of a municipal securities broker/dealer in NJ that grew the firm's annual revenue by 10% and created a more robust inventory of bonds for the firm's clients ●Led the acquisition and integration of an equities broker/dealer in NJ and FL that grew the firm's annual revenue by 10% and assets under management by 15% ●Created an affiliation with Broadhaven Capital Partners an independant investment bank and private equity investor to establish an Investment Banking service at BHS (Broadhaven was the lead consultant to ICE in their acquisition attempt of the NYSE) This affiliation accounts for an increase in 5% to the firm's profitability ●Created an affiliation with Key & Company, LLC to increase the Investment Banking services within BHS. ●Cut fixed budget over 35% over 3 years through utilization of new technologies, renegotiating contracts and leases, reducing operating staff, freezing salaried positions and eliminating waste, creating effiencies ●Signed selling agreements with Mutual Fund companies to increase products available to clients ●Created a step by step approach for new Limited Partnerships to join firm with limited out of pocket expenses and lower administrative costs ●Changed the firms name from Cantor Weiss and Friedner, Inc. to Beech Hill Securities, Inc. Cantor, Weiss & Friedner, Inc. New York, N.Y. Chief Financial Officer March ‘05 – Dec. ‘07 ●Led and managed the business strategy for modernizing the firms accounting, operations, & data storage ●Advanced financial modeling for profitability scenarios, budgets and potential acquisitions ●Negotiated new clearing agreement with Pershing and transitioned from Neuberger Berman ●Administrated the Limited Partnerships and Hedge Funds operations including compliance, closings, audits, tax and k1 preperation, and investor communication ●Worked with independent auditors for the firm's and LP’s audits and filings including K1 reporting to investors ●Responsible for implementing online banking, bill payment and bank reconciliation ●Created the budget and financial forecasting ●Implemented scanning, online document storage, VOIP phones ●Modernized the computers and operating systems of traders and brokers ●Re-established financial transparency and reporting with switch from Mas90 to Quickbooks and Advent for firm and partnership accounting ●Responsible for payroll and 401(k) administration, health care and benefits, Flex Plans and renewals
Cantor, Weiss & Friedner, Inc.
Vice President, TradingJune ‘00 – March ‘05 ●Prepared extensive morning research notes for clients and traders ●Order entry in the various OES systems from Bear Stearns, Lehman Brothers and Neuberger Berman ●Resolved trade breaks, and ensured timely and accurate settlement of equity trades ●Traded firms proprietary accounts and managed the accounting for daily and overnight positions ●Private clients portfolio management, investments and trading ●Limited Partnership trading and reporting Merrill Lynch New York, N.Y. Financial Consultant 1994 – June 00' ●Managed client assets and portfolios, mutual fund sales, financial planning, customer service
Columbia UniversityNew York, NY Bachelor of Arts in Political Science 1993
Series 7, 55, 63, 65, 79 and 99
Microsoft Office, Word, Excel, Quickbooks, Advent’s Dataport, Axys, Advent Partner and Qube, Netx360, Neovest, various other OEM’s. Cabinet NG, MAS90, Total Return
ACTIVITIES AND INTERESTS
Treasurer/Property Manager and Executive Board Member of Alpha Alpha Alumni Foundation of Beta Theta Pi, a 501(c) 3 organization of more then 75 years and 700 members who are alumni of a 125 years old Columbia University fraternity. Co-managed two year, $1.5 million renovation of the organizations 1899 brownstown at Columbia campus.
Fire Safety Warden of 880 Third Avenue. Member ASPCA. Training for the Tough Mudder.