Stephen’s brokerage operations experience spans streetside operations, clearing conversions, CAT/CAIS compliance and processing, and vendor relations.
Before joining the firm in 2023, he served as Managing Director and Operations Division Manager at Truist Investment Services, where he managed the deconversion of BB&T Securities and led the streetside conversion of self-clearing BB&T Securities with SunTrust Investment Services clearing through NFS. Earlier, as Assistant Vice President at Wachovia Securities, Stephen created and implemented a streamlined naked short sales process in response to SEC Reg SHO 204, developed an automated government securities settlement system that reduced staffing by 25%, and led the position conversion for the Wachovia and A.G. Edwards merger. His career also includes responsibility for CAT/CAIS compliance from the rule’s inception and the creation of an MBS Allocation team capable of handling over a billion dollars in monthly allocations and settlements without errors.
Stephen holds a Bachelor of Arts in Economics from the University of Wisconsin-Milwaukee and maintains Series 7 and 24 securities licenses.
