2012 FINRA District Committee Election Candidate Profiles – District 4

 

Small Firm Representative Candidates

 

Norm Conley
CEO
J.A. Glynn & Co.

 

Biography

Mr. Conley is the Chief Executive Officer and Chief Investment Officer of JAG. He entered the investment industry in 1994 and joined JAG in 1999. Norm oversees JAG's managed equity and fixed-income strategies, is one of four firm shareholders and is a member of JAG's management committee. Prior to joining JAG, Norm spent three years as a naval officer and five years with a global investment firm. Norm earned his BA from the University of Notre Dame, which he attended on a Naval ROTC scholarship, and earned an MBA in Finance from the Olin School of Business at Washington University in St. Louis. He serves on the Executive Committee of the Board of Good Shepherd Children and Family Services and is a member of the St. Louis Chapter of Young Presidents Organization (YPO).

Statement
I believe that Small Firms are the backbone of the financial services industry, I am proud to be the third CEO in J.A. Glynn's history since our inception in 1945. A substantial contributor to our firm's longevity has been our longstanding commitment to our clients' best interests. As our company motto states, 'Our clients are our most important assets.' If elected do the Committee, I will do my level best to advocate for fair dealing, ethical business conduct, and regulatory compliance. I will also ensure that the concerns and interests of Small Firms are heard by FINRA's leadership. Thank you for your consideration.


Website: http://jagcapm.com/who-we-are/norman-b-conley-iii/


Resume or CV: http://www.linkedin.com/profile/view?id=18540850&locale=en_US&trk=prof-0-ovw-view-secondary


 

Michelle Stockman
Chief Compliance Officer
D.M. Kelly & Company

 

Biography

Michelle Stockman is the Chief Compliance Officer for D.M. Kelly & Company based in Des Moines, Iowa. Her experience includes nine years in the industry with a progressively increasing span of responsibility. She has been in the financial services industry her entire life with family heritage going back five generations. She currently holds Series 4, 6, 7, 24, 27, 53, 66, and 99 securities licenses and the Certified Financial Planner (CFP®) and Fellow, Life Management Institute designations. Her formal education includes a bachelor's degree in business management from Northwest Missouri State University and a M.B.A. in finance and management from the University of Colorado.

Statement
I'm running for FINRA's District Committee because I want to contribute my experience and help others in the industry with the many challenges and changes we encounter. I have experience with both the traditional and independent brokerage models and understand the challenges faced by firms, independent brokers and regulators. I believe District 4 plays an important role in providing FINRA with input on rules and regulations and how those changes could impact firms, especially small firms.


In today's regulatory environment, I believe it is important for firms to join the discussion with FINRA and become involved. I recognize the importance of having a seat on the committee and look forward to providing a voice for small firms.


 

Large Firm Representative Candidates

 

Diane Gabriel
President of Wells Trade
Wells Fargo Advisors, LLC

 

Biography

I started as a Financial Advisor for Halpert & Company in Millburn NJ. I was named Assistant Vice President in 1985 and Executive Vice President and Branch Manager of their Washington DC office in 1987. Later, I became the branch's head trader for municipal bond inventory for the branch. In 1996 I moved to Wheat First Butcher Singer as Senior Vice President/Investment Officer.  


In February 2002, I joined Wells Fargo Advisors Financial Network (WFAFN), as Director of Sales Supervision. I was responsible for the supervisory oversight of the firm's independent brokerage arm. I, along with my team, provided day to day oversight and training to WFAFN Branch Managers. In January 2008, I was named Managing Director of the Branch Network. My responsibilities included the overall FA experience, client service, transition and training, sales supervision, risk and operations administration. In September 2012, I was named Head of Wells Trade where I am responsible for the strategic direction and management of the brokerage firm's online trading platform.


I am an honors graduate of Goucher College with a bachelor's degree in economics. I earned my professional designation of Accredited Asset Management Specialist from the College for Financial Planning and completed the SII program at Wharton. I'm a member of WFA Senior Leadership and Co-Executive Sponsor of the St Louis Chapter of WFA Volunteers. I have previously served on the FINRA Continuing Education Course team.  

Statement
I am interested in being selected as a District Committee Member because I bring a diverse, well-rounded perspective from various financial services models to the committee. My 30 years of industry experience spans the both the retail and independent brokerage space. Additionally, my interaction and understanding of the investing public allows me first-hand knowledge of their needs and concerns. My current role allows me to focus on those clients who chose to invest directly through my firm's on-line brokerage platform, WellsTrade. I believe I would well represent the mix of financial services models based in District 4.


 

Tim Halevan
Chief Compliance Officer
CUNA Brokerage Services, Inc.

 

Biography

Tim Halevan is chief compliance and operations officer of CUNA Brokerage Services, Inc. (CBSI). In this role he is responsible for strategic oversight and supervision of the compliance activities of CBSI's registered representatives, advisors, licensing/registration, and home office activities.   


In his operational role, Halevan oversees the home office functions in Waverly, Iowa. The various areas that report to him in Operations include new accounts, commissions, trading, cashiering, mail/imaging, and business transition.


Halevan joined CUNA Mutual Group in 2001. Before joining CUNA Mutual Group, Halevan was the director of Corporate Compliance for a large financial services holding company. His responsibilities there included oversight for adherence to the various rules and regulations related to some of the underlying companies of the organization. Some of the rules and regulations implementation he oversaw included Securities and Exchange Commission (SEC), Financial Regulatory Authority (FINRA), Violent Crime and Control Act, the Gramm-Leach-Bliley Act and Federal Sentencing Guidelines.


Halevan has been in the securities business for 20 years starting with a stint as a broker at PaineWebber.


Halevan graduated from the University of Michigan in Ann Arbor with a Bachelor of Arts with majors in economics and communications. He also holds 7, 63, 65, and 24 registrations.  

Statement
As a seasoned professional in the industry, I will bring a thoughtful, objective and balanced voice to the table. All of our objectives is to make sure we have only those colleagues in this business that will help to uphold the trust that investors put with each of our firms. As someone who has beein in the industry for 20 years, I will bring my understanding of FINRA's needs and Firm needs to provide reasonable discipline, when, and if, appropriate. I will work hard to ensure FINRA makes rules not out of disciplinary action, but by well-thought out deliberation.


In addition, I plan to bring my experience to assits FINRA when they propose or discuss new rulemaking. We need to partner with FINRA to help educate them on how certain Rules may have an unintended impact on a Firm that FINRA did not contemplate. I believe working with FINRA, and not as an agitator, will benefit all of us in the short, medium and long term.


I would appreciate your vote for this position.


 

Jeremy Michelman
Principal/Compliance
Edward Jones

 

Biography

As a principal with Edward Jones, I develop firm policy that is practical for clients, regulatory bodies, the firm, and our respective business partners. I also participate in several industry seminars, education programs, and roundtables that expose me to the challenges faced by financial-services firms of all sizes.


I began my career in this industry with Edward Jones in 1993. From 1997 to 2002, I was responsible for investigating alleged industry and firm violations by financial advisors, in addition to investigating and resolving client complaints. In 2002, I presided over internal disciplinary hearings to determine if a violation had occurred, and if so, what sanctions should be imposed. In this role, I was also responsible for coordinating investigative findings with regulators and providing thorough and timely responses to any regulatory authorities investigating the firm. 


In 2007, I became responsible for several supervisory functions at the firm including branch office supervision, home office supervision, and our heightened supervision programs. In addition, I created processes and procedures to supervise new advisory programs and vendor-held retirement plans. 


I earned my undergraduate degree in Political Science from the University of Missouri—Columbia and my J.D. from Saint Louis University—School of Law. I am a member of the board of directors for Ranken Jordan Pediatric Hospital and chair the Compliance and Patient Safety Committee.  

Statement
Having worked in the securities industry since 1993, I have participated in its tremendous growth as well as numerous shifts in the regulatory environment. I understand the issues facing securities firms, both large and small, and would appreciate the opportunity to give back to the industry. 


I have worked at Edward Jones for over 19 years and have witnessed its growth from a mid-size firm of 3,000 financial advisors to an international firm of over 12,000.  My extensive work experience creating processes and procedures to ensure firm compliance with new industry rules has given me a clear understanding of the impact new and proposed regulations have on firms of all sizes. I will work to help shape regulations that are viable to the industry and are in the best interest of investors. My years of conducting thorough investigations, fair and impartial internal disciplinary hearings, and administering disciplinary actions have given me the experience needed to effectively serve as a hearing panelist in FINRA disciplinary proceedings and to reach appropriate resolutions. 


My experience enables me to advocate for evenhanded decisions and adequate safeguards for firms of all sizes. I am confident I will serve well in an outreach capacity and effectively work as your representative with FINRA.