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Board of Directors and Officers
Al Monahan is the Chief Executive Officer of Monahan & Roth, LLC. He is also registered with Keystone Capital, Incorporated and Linsco Private Ledger Financial Services, Inc. At Monahan & Roth, LLC Mr. Monahan is primarily involved in securities litigation, providing support and analysis to parties involved in court and arbitration. He has extensive experience as an expert witness and in services as an NASD (now known as FINRA) arbitration panel member.
Mr. Monahan has been active in the securities industry for over 35 years in the management and operations of securities firms.
Mr. Monahan served as a member and Vice-Chairman of NASD District 2 Business Conduct Committee in 1992-94 and in 1997-98. He was a founding member of the California Association of Independent Broker/Dealers, now known as the National Association of Independent Broker/Dealers (NAIBD).
Monahan Roth Consulting E-mail: Al.Monahan@naibd.com
Chairman Emeritus: M. LaRae Bakerink
LaRae Bakerink is the Chief Executive Officer of WBB Securities, LLC. LaRae has been active in the securities industry for the past 26 years. She currently serves on the FINRA Membership Committee and the FINRA Technology Advisory Committee. Ms. Bakerink served on the NASD (now known as FINRA) Board of Governors from January of 1999 thru February of 2006. She also served on the NASD Audit Committee and the NASD Regulation Board. She served on the FINRA Small Firm Advisory board from 2006 to 2008. She has served as a FINRA Arbitrator since 1993. She served on the Nasdaq Stock Market Board from 1998 to 2000. She holds Series 4, 7, 24, 27, 53, 55, 63 and 87 securities licenses. Ms. Bakerink has a B.S. and an M.B.A. from San Diego State University.
WBB Securities, LLC E-mail: LaRae.Bakerink@naibd.com
Lisa Roth is the President of Monahan & Roth, LLC a regulatory compliance consulting firm serving the needs of broker/dealers, investment advisers, and hedge funds. She is also the President of Keystone Capital Corporation, a FINRA member firm. Ms. Roth has been in the securities industry since 1990, in executive positions with firms including President of First Allied Securities, Corporate Securities Group and Royal Alliance Associates. Ms. Roth has served on the board of directors of the NAIBD for several years, most recently as the Past Chairman, and has been a member of the NASD Board of Arbitrators for over 10 years. Ms. Roth received a B.A. degree from Moravian College, and holds Series 4, 7, 8, 14, 15-1, 15-2, 24, 53, 63 and 65 securities licenses.
Keystone Capital Corp. E-mail: Lisa.Roth@naibd.com
Stephen A. Distante is the President and Chief Executive Officer of Vanderbilt Securities, LLC, a registered Broker/Dealer specializing in Financial Planning including stocks, bonds, mutual funds, variable annuities and variable life insurance. Steve has been in the securities industry since 1990. His strong accounting and auditing background provides Steve with an excellent understanding of the financial aspects as well as the inherent risks within the securities industry today.
Vanderbilt Securities, LLC 445 Broadhollow Road Suite 400 Melville , NY 11747 Phone: (631) 845-5100 Fax: (631) 980-7719 E-mail: Steve.Distante@naibd.com
G. Donald Steel is the President of Planned Investment Company, Inc., a small Broker- Dealer and RIA firm based out of Indianapolis, Indiana. Mr. Steel has been a Producing Manager since 1980 and the firm’s President since 1987. Planned Investment Company conducts fund and variable annuity direct business and listed business clearing through Mesirow Financial, Inc. Mr. Steel was a member of the NASD (now known as FINRA) District 8 Committee from1990 to 1991 and was Chairman of that committee in 1992. He is an Industry/Non-Public FINRA Arbitrator and is a member of the FINRA Membership Committee and the FINRA Small Firm Advisory Board. Mr. Steel previously served on the Net Capital Task Force in 2005 and on the Small Firm Business Continuity Task Force from2006 to 2007.Mr. Steel served for 30 years in the U.S. Navy both as an active and reserve Naval Flight Officer. He retired in 2002 as a Captain. Mr. Steel has been the Board Chairman of three United Way Agencies, including The Salvation Army. He chaired the building of the USS Indianapolis (CA-35) National Memorial, and was a National Vice President of the Navy League of the U.S. He is a past President of the Kiwanis Club of Indianapolis. Mr. Steel graduated with a Bachelor’s degree in Soviet Studies and General Engineering in 1975 from the U.S. Naval Academy. He received his Naval Flight Officer Wings in 1977, and attended the Naval Justice School.
Planned Investment Company
Robert Muh is CEO of Sutter Securities Incorporated. Sutter is a full-service investment banking firm headquartered in San Francisco. The firm was founded in 1992. Sutter provides financial advisory services, fairness opinions, business valuations, litigation support, securities trading, and public finance underwriting. From August 1978 to June 1987, Mr. Muh was a senior managing director with Bear, Stearns where he supervised numerous public offerings and merger assignments. In addition, he provided expert witness testimony and valuations for numerous public and private companies. He was chairman of Newburger, Loeb & Co., Inc. a New York Stock Exchange member firm, from 1970-1972 and a consultant with McKinsey & Co. from1966-1969. Bob is a life trustee of the Massachusetts Institute of Technology and a trustee of The Culinary Institute of America and The Napa Valley Opera House. He is a former chair of The FINRA District Committee for District 1 (Northern California, Northern Nevada and Hawaii) and is a member of FINRA’s Small Firm Advisory Board. Mr. Muh has a bachelor’s degree from the Massachusetts Institute of Technology and an M.B.A. and Master of Philosophy degrees from Columbia University. While at Columbia, Mr. Muh was an Adjunct Assistant Professor of Finance. Bob is currently an Adjunct Professor at the University of San Francisco Law School.
Sutter Securities, Inc.
Tim Morton is the Director of Annuity Marketing for Westland Financial Services, Inc. and provides a unique service to the Broker/Dealer Community with compliance oriented marketing support, suitability review and training for annuities. Tim is also the Vice President Development for WBB Securities, LLC, a full service FINRA member firm. Mr. Morton has been in the securities industry for 25 years, and was President and CEO of JMC Financial Corporation from 1998-2006. JMC was a Broker/dealer specializing in the bank distribution channel and sold nearly $4 billion of fixed and variable annuities and mutual funds through financial institutions. He started his career in this industry with Private Ledger (now LPL) in 1982. Tim has served on the board of directors of NAIBD for many years and is now the Executive Vice President. He also chairs the Membership and Programs Committees for NAIBD. Mr. Morton served as a member of the FINRA Small Firms Rules Impact Task Force committee and has participated on several national forums. Tim was born and raised in the San Diego area and received a degree in Information Systems in 1978 from Coleman College. Mr. Morton holds current Life, LTC and Disability Insurance, Variable Annuity and NASD Series 7, 24, 51 and 63 licenses.
Timothy U. Morton, CEPP E-mail: Tim.Morton@naibd.com
Robert Hackel is the Managing Director of R.F.Lafferty & Co. a 60 year old Broker/Dealer located in the FinancialDistrict of New York City. The firm specializes in Institutional and Retailbrokerage, Wealth Management and Investment Banking. Mr. Hackel has appeared insuch periodicals as Clearing Quarterly, The Wall Street Journal, Barron's, Securities Industry News and other trade publications. Rob received his BBA in Finance from Pace Universityand has been in the securities business since 1994. He has worked on the tradedesk at Pershing and also on the floor of the American Stock Exchange for ProEx LLC before joining R.F. Lafferty & Co. in 1997.
Rob has NASD licenses 4,7,24,63,65, 55 and 86.
R.F. Lafferty & Co. E-mail: Rob.Hackel@naibd.com
Brian J. Kovack is Co-Founder and President of Kovack Securities, Inc., a capacity in which he has served since 1998. From 1996 to 1998, Mr. Kovack was a financial planner where he gained expertise in gift, income and estate taxation, and provided advice regarding the tax advantages of limited partnerships, reverse split-dollar and charitable remainder trusts. From February 2006 to August 2007, Brian was elected and served on the NASD (now known as FINRA) Board of Governors as an industry representative. Thereafter, he served on the FINRA Interim Board of Governors from August 2007 to October 2007 as a Mid-Size Industry Board Member. Mr. Kovack participated in the NASD Institute-Wharton Certificate Program and earned the Certified Regulatory and Compliance Professional (CRCP) designation in 2004. He also earned a Master of Accounting and Juris Doctor (J.D.) degrees in 2000 from Nova Southeastern University, where he was the founder and first graduate of the joint JD/MACC Program. Mr. Kovack is a Member of the Florida Bar, having been admitted in September 2000. Mr. Kovack received a Bachelor of Science in Finance from the University of Florida while also playing varsity football earning two Letter and SEC Academic Honor Roll awards. Mr. Kovack has the FINRA Series 7, 24, 27, 53, 63 and 65 licenses while also licensed to sell life, health, variable annuities and real estate. He also serves as a FINRA Dispute Resolution Chairperson arbitrator. Mr. Kovack is a licensed commercial helicopter pilot with the Federal Aviation Administration (FAA) and licensed 50 ton captain with the United States Coast Guard.
Kovack Securities E-mail: Brian.Kovack@naibd.com
John (Jack) Fitzgerald is a Director – Legal and Compliance at Leerink Swann LLC, an investment banking firm that offers healthcare equity research, corporate finance, capital markets sales and trading and asset management services for institutional and retail clients, where he provides legal and regulatory guidance. He has previously held legal and compliance management positions at American General Funds Distributors, CypressTree Investments, Fechtor Detwiler, Boston Stock Exchange and Fidelity Investments. Mr. Fitzgerald was elected to a two-year term on the Small Firm Advisory Board through December 31, 2009 representing the North Region. He served as a panelist for the 2009 SEC-FINRA BDOutreach Program in Washington, DC. A former member of the NASD District 11 Committee (2001-2003, Chair 2003), and NASD Advisory Council (2003), he also served on the District 11 Nominating Committee in 2004-2005 (Chair in 2005). He is currently serving a one-year term on that Committee. Other NASD involvement included a two-year term on the NASD Consultative Committee (2004-2005) and as a panelist for various national and District 11 education programs in 2003 and 2004. Mr. Fitzgerald has served as an arbitrator for NASD and New York Stock Exchange and is eligible to serve on FINRA’s Disciplinary Hearing Panels. He received his B.A. from the University of Massachusetts (Amherst) and a J.D. from Suffolk University Law School.
Leerick Swann, LLC. E-mail: Jack.Fitzgerald@naibd.com
David M. Sobel is currently Executive Vice President and Chief Compliance Officer of Abel/Noser Corp., a FINRA / NYSE member broker/dealer. He was previously a partner at The Goldstein Law Group, P.C. where he concentrated in the areas of broker-dealer compliance/regulation, securities litigation, including arbitration and mediation, and disciplinary/enforcement matters at the SEC, NYSE, AMEX and FINRA.
Mr. Sobel was a Floor Member of the New York Stock Exchange from 1982 through 1991 as a floor broker for both H.A. Brandt & Co. and First Options of Chicago, and President of his own NYSE member firm, Ampro Securities, Inc. After leaving the NYSE floor, he was a Senior Equity Trader/Market Maker for Trimark Securities.
Mr. Sobel has a Master of Science Degree from Brooklyn College and a Law Degree (JD) from Pace University Law School where he was an Editor of the International Law Review. Since 1998 he has been a member of the FINRA Board of Arbitrators (Chairperson Qualified), a current member of FINRA District 10 Committee, Nominated for the Board of Directors of the NAIBD, a member of the NYSE Hearing Board and the National Society of Compliance Professionals.
Carrie Wisniewski is the president and founder of B/D Compliance Associates, Inc., a regulatory compliance consulting firm serving small broker/dealers. In 2007 she founded Bridge Capital Associates, Inc., a FINRA member firm offering an independent contractor model to investment bankers and M&A professionals. Ms. Wisniewski has over 25 years of securities industry experience, is a former NASD Senior Examiner and currently serves as a FINRA District Committee Member in District 7. She maintains the Series 4, 7, 24, 27, 53, 63 and 79 FINRA licenses and is a FINRA industry arbitrator and expert witness. Ms. Wisniewski also holds the designations of Certified Regulatory Compliance Professional (CRCP™), Certified Securities Compliance Professional (CSCP™) and Certified Financial Planner (CFP®). Ms. Wisniewski earned her MBA in Finance from Mercer University in 1988.
Since founding B/D Compliance Associates, Inc. 15 years ago, Ms. Wisniewski has served several of her broker/dealer clients by fulfilling various principal duties on either a short or long term basis. Some of her many roles in this capacity included president, chief compliance officer, municipal securities principal, options principal and/or financial & operations principal. Carrie’s other career accomplishments include employment as a retail broker in the 1980s and serving as a member of the Compliance Department of Merrill Lynch. Carrie also previously worked for the Federal Reserve Bank of Atlanta as a financial analyst. B/D Compliance Associates, Inc. |
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