Hamilton, Ontario, Canada
Responsible for the day to day investment management decisions for private clients including their family members investment portfolios. Employing an asset allocation strategy using a broad range of products inluding ETFs, Hedge Funds and Index Linked Notes.
IIROC and LLQP licenced full service investment advisor for CIBC Wood Gundy based in Hamilton, ON. Provided wealth management and investment advice, products and services to High Net Worth clients with liguid investable assets of $100,000 or more. Specialized in stocks, bonds, peferred shares, ETFs, hedge funds and structured products like PPNs.
ABL (asset based lending) business development in conjunction with Brome' Financial of Montreal. Also marketed industrial equipment appraisals and auction and asset luquidation services. Lead participant on site at Hunjan Moulded (Automotive) Products auction and liquidiation worth $10MM in December of 2005.
Recruited by Chris Sadler to represent RFC Capitals (Columbus OH) lending platform in Canada. RFC financed Primus Canada just before I came on board and I sourced and closed a US$10MM facility with YAK Communications which allowed the company to go public on NASDQ and then be sold to Anthony Lacavera's Globalive which started Wind Mobile. After a sudden decline in the Telecom Industry (e.g. World Comm etc., my mandate was changed to represent Textron's ABL Group in Canada. The focus was on general ABL type deals from $10MM to $30MM in the traditional and highly competitive ABL space e.g. automotive tier 2 & 3 suppliers. Did a deal with the PSA Group for $10MM and several smaller deals but by 2004 and post 911 - Textrons cost of funds and credit risk appetite made it apparent they could not compete with the large ABL shops e.g. CIT and Congress Financial or the Sched. A Chartered Banks like RBC and BMO who entered this space. Also securitized deals at LIBOR +50 bpts where out of our pricing realm.
Responsible for business development for all of Canada within the Distribution and Technology Finance Group which was based in King of Prussia PA. We financed the distributors and resellers of the computer industry with agreements with IBM, HP, Compaq, Apple, Ingram Micro, Tech Data and many other Tier 1 and Tier 2 manufaturers, distributors and resellers in both the US and Canada. I sourced, structured and closed a US $25MM inbound facility for Merisel Canada with Epson Canada that enabled Merisel to increase it level of business with Epson for resale to its dealer network in Canada.