This week in personnel announcements and new hires, the FPA announced that David Brand has joined the association as director of strategic operations; Securities America announced that it has promoted Roger Verboon and hired John Carruth; WilmerHale announced that Matthew Martens will be joining the firm; the SEC announced that Daniel Murdock was named deputy chief accountant; and the The Small Business Investor Alliance announced its new board and officers.
Also, Fred Alger Management welcomed a new head of marketing; New York Life announced two staff changes and one addition; the American College named Brian Clontz the Leon L. Levy Fellow in Philanthropy; and RiverNorth added two new professionals.
David Brand Joins FPA as Director of Strategic Operations
Just days before its annual conference, FPA Experience–which will be held in Orlando beginning Saturday, Oct. 19–the Financial Planning Association (FPA) announced that David Brand has joined the association of financial planners as director of strategic operations. In this role, he will focus his efforts on assisting FPA in achieving its strategic directive of becoming the “recognized and unquestioned professional membership organization for Certified Financial Planner professionals,” according to the FPA statement announcing his hiring. To this end, he will be instrumental in guiding the organization on several major internal and external issues and programs and will be involved in “major policy and landscape issues affecting the organization.”
Brand has been with the FPA before, in its earliest days following the merger of the IAFP and the ICFP. At the time of the 2000 merger that created the FPA, Brand was executive director of the ICFP, and became co-executive director of the FPA with Janet McCallen, former executive director of the IAFP. He held that position for six months before leaving FPA in favor of McCallen in August 2000. Brand became a leadership and organizational consultant in 2004.
Securities America Promotes Verboon, Adds Carruth
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services, announced recently that it has promoted Roger Verboon to director of practice succession and acquisition and hired John Carruth on its branch office development recruiting team.
Verboon, who joined in 1996, previously held the position of senior practice management consultant, which included coaching advisors in the company’s next level, associate advisor and jump start marketing coaching programs. He also led the creation of the company’s practice transition center. Prior to joining the company’s practice management group in 2003, he managed the company’s customer service call center. His background includes starting and operating multiple businesses.
Carruth brings nearly 15 years of financial services industry experience as a senior regional director focused on the Southern U.S., including Texas, Arkansas, Oklahoma and Louisiana. He began his career as a recruiter with GE Capital and later became a senior investment advisor and senior recruiter with JP Morgan Chase. Most recently, he was a senior vice president of national recruiting for Williams Financial Group in Dallas.
Matthew Martens to Join WilmerHale
WilmerHale announced recently that Matthew Martens will be joining the law firm as a partner in its securities and litigation practices. Martens most recently served as chief litigation counsel for the Division of Enforcement at the SEC. Since 2010, he led the Enforcement Division’s litigation program. Most recently, he served as lead trial counsel in one of the SEC’s highest-profile enforcement matters arising out of the 2008 financial crisis.
Prior to joining the SEC, Martens worked as an assistant U.S. attorney in the U.S. Attorney’s Office in the western district of North Carolina, eventually serving as deputy criminal chief where he supervised prosecutors in the white-collar crime unit. He clerked for the Honorable David Sentelle on the U.S. Court of Appeals for the District of Columbia, and for then-Chief Justice William Rehnquist of the Supreme Court of the United States. Daniel Murdock Named SEC Deputy Chief Accountant
The SEC has announced the appointment of Daniel Murdock as a deputy chief accountant in the agency’s Office of the Chief Accountant. He now heads the office’s accounting group, which advises the SEC on accounting and auditing matters and works closely with private sector accounting bodies such as the Financial Accounting Standards Board. The accounting group is one of three in the Office of the Chief Accountant, and Murdock fills a vacancy created when Paul Beswick was promoted to chief accountant. The other two deputy chief accountants, Brian Croteau and Julie Erhardt, head the professional practice group and the international group respectively.
Before joining the SEC staff, Murdock served as an industry professional practice director for Deloitte & Touche LLP. There he was responsible for the financial statement audits of several large companies and served in its national office, where he consulted with clients on technical accounting issues.
SBIA Names New Officers and Board for 2013-2014
The Small Business Investor Alliance (SBIA) announced its new board of governors at the National Summit for Middle Market Funds. Charles McCusker, managing partner of Patriot Capital, was named chairman of the board. Carolyn Galiette, senior managing director of Ironwood Capital, joined the officers as treasurer.
Faraz Abbasi, a partner at Centerfield Capital Partners, was named middle market committee chair; Tom Aronson, principal of Monroe Capital Partners, BDC committee chair; Arjun Gupta, founder of TeleSoft Partners, venture capital committee chair; Steve Hobman, partner of NewSpring Mezzanine Capital, SBIC committee chairman; and Tim Rafalovich, vice president of Wells Fargo Bank, lLimited partner chair.
The SBIA also named Curtis Hartman, senior managing director of Main Street Capital Corp., as Southern regional president; Thomas Affolter, investment professional at Victory Park, as Midwest regional president; Walter Beinecke, partner at Brooks Venture Partners, as Northeast regional president; and Jeffrey Holland, partner at Seacoast Capital, as Western regional president.