2013 FINRA District Committee Election Candidate Profiles – District 6

 

Small Firm Representative Candidates

 

Ed Balsmann 

Chief Compliance Officer 

Tudor, Pickering, Holt & Co. Securities, Inc. 

 

Biography

Ed Balsmann has over fifteen years of experience working for and with financial services firms, including institutional and retail broker/dealers, registered investment advisers, banks, private equity firms and private fund advisers. He joined Tudor, Pickering, Holt & Co. in August of 2010 as Chief Compliance Officer and oversees regulatory compliance for the firm’s two broker-dealers and registered investment adviser.

Ed previously served as the general counsel and chief compliance officer at CSG Holdings, LLC in Memphis, Tennessee. Prior to that, he was an attorney with Baker, Donelson, Bearman, Caldwell & Berkowitz, PC in Memphis, Tennessee where he specialized in broker-dealer, investment adviser and investment company matters. From 2000 through 2004, Ed served as compliance attorney for the Equity Capital Markets division at Morgan Keegan in Memphis, Tennessee and eventually went on to serve as deputy general counsel of regulatory affairs at the firm. He holds a BSBA in finance from Southeast Missouri State University and a JD from the University of Mississippi, School of Law. Prior to attending law school, Ed worked as a securities broker at Carty & Co. in Memphis, Tennessee. 

 

Statement

The matters facing member firms are constantly changing and becoming more complex with the times. Now, it is more important than ever for all firms, but especially small firms, to have open lines of communication with FINRA to ensure that the concerns of small firms are heard as the regulators make decisions that affect the daily workings of our businesses. I consider my relationship with FINRA to be strong and I do not feel there are any issues that I could not discuss in confidence on behalf of the members of District 6. Having worked for firms internally and as outside counsel, I have learned to utilize my business and legal backgrounds to find creative solutions to the many issues that face our member firms. My experiences allow me to bring a fresh perspective to the District Committee as it represents the concerns of all member firms in our region. I believe in an open door policy and I will make myself available to all member firms in our District regardless of the matter. Listening to the concerns of each member firm and working toward solutions that benefit all firms in District 6 is what I will bring to the table as a member of the District Committee.

 


 

Matthew Mowen
Chief Operating Officer
National Alliance Securities, LLC
 

Biography

I initially became a licensed securities representative in 1996. I currently hold Series 7, 24, 27, 63, 65, and 99 licenses. I am also an attorney registered with the State Bar of Texas.

 

I currently work as COO of National Alliance Securities, LLC. Our headquarters are in Dallas, TX and we have been a registered FINRA Broker Dealer since 1997. We also have offices in Austin, New York, Boston, Houston, and Newark. I direct a staff of internal professionals and outside consultants that handle the compliance, financial management, human resources, and legal-related functions. I also serve as the Treasurer for the Corporation.

 

I attended Baylor University in Waco Texas and received a Bachelor of Science Degree in Physics. I then attended Wake Forest University in Winston Salem, North Carolina, where I received a Law Degree.

Statement
I deal daily with all of the compliance and regulatory aspects of running a small firm broker dealer. I also serve on the legal and compliance committee for the Bond Dealers of America. I hope to be able to provide the District Committee with insight as to how rules and regulations affect small firms and their ability to transact business. With my many years of experience, I will strive to present real examples of how regulations affect consumers, representatives, and small firms. 

  


 

Barrett Schultz
Chief Compliance Officer
McNally Financial Services Corporation

Biography

 

I have been licensed for over 17 years, and I am presently the Managing Principal of Barrett Schultz Consulting. I have been consulting in the Financial Services industry for over ten years, and I am currently dually registered as the Chief Compliance Officer of ILG Securities and McNally Financial Services Corporation. I have had engagements with firms of all and sizes in the state of Texas, and I hold a Series 6, 7, and 24. I also have my BA in Finance from the University of Texas at San Antonio and my MBA from the University of Incarnate Word.


Statement

I feel that my experiences and my educational background would make me an asset to the committee. I have been involved in numerous FINRA exams, SEC audits and state regulatory exams and feel that my insight would help the committee strengthen the organization.

 

Website: www.bschultzconsulting.com

 


Large Firm Representative Candidate

 

Christopher Barton
Executive Director/Complex Manager
Morgan Stanley

 

Biography
The financial sector is the only industry for my career since graduating college. I hold a BA/BS in Biology and Physiology from Syracuse University. My career began in this industry 20 years ago in 1993. In my 20 years, I have held every major position in the wealth management sector, from Sales Assistant, to the Financial Advisor training program, to Financial Advisor, to Assistant Branch Manager, to Branch Manager and currently Executive Director/Complex Manager. In my current role, I have responsibility for 7 Morgan Stanley offices in north Texas and Louisiana. Our complex consists of 150 Financial Advisors, 240 total employees and just over $16 Billion in client assets. I have worked with my current firm for 18 years. During this time, I have worked in New Jersey, Manhattan, Boston, Philadelphia and Dallas. This has given me a tremendous perspective on the industry, its trends, and the various needs of our clients. The differentiating cultures of business, sources of wealth, and client expectations throughout the cities where I have served have broadened my industry knowledge as well as balanced my approach to serving the public. I have been fortunate to also consider myself to be a successful mid-size business owner, given the autonomy necessary from Morgan Stanley to lead, manage and inspire those who work alongside me.

 

Personal Statement
Throughout my educational period of life, or entire professional career, I have held been nominated, and held positions of leadership. My ability to successfully build a team, delegate responsibilities, and grow a business that positively impacts those around me has been very rewarding. I am a strong collaborator of ideas and an acute listener. I am comfortable taking on new tasks and developing themes and solutions with the teams around me that are not only fair, but make good business sense. Because of my management experience in wealth management branches, I have been held accountable for full and compliant yearly audits. I am proud to convey that each and every year of the 15 years I have been in management, the office that I have served have all successfully passed their audits on the first try. This is derived from having strong partners around you and working seamlessly with a shared common goal. Eager to give those around me the credit, we have enjoyed long tenure and loyalty with those who have worked alongside me. I believe that a culture is developed by working many years alongside the same individuals. The primary responsibility put upon myself, is making sure that culture is inspiring, collaborative and invigorating. It’s has been a rewarding career thus far. I hope to be considered to be a part of this committee and to positively contribute towards its success and growth in the future.