meet our team of experts
and advisors

We’re in the relationship business and our leadership team exemplifies the integrity and trustworthiness that we bring to every encounter. Explore our most important resource – the team that makes our success possible!

Our executive team

William G. Borchert

Co-Founder and Co-Chairman

William Borchert Headshot

William G. Borchert

Co-Founder and Co-Chairman

Bill has been in the financial services and community banking industries for almost 30 years. Bill founded IFS, Inc. (Financial Planning for business-owners) in 1985 and created BFS Group (Executive & Director benefit plans and financing strategies) in 1998. He has earned national recognition in the community and regional bank markets as a leader, speaker, and author on executive & director supplemental benefits and BOLI financing strategies.

Bennett S. Meyer

Co-Founder and Co-Chairman

Bennett Meyer Headshot

Bennett S. Meyer

Co-Founder and Co-Chairman

Co-chairman and founder, Bennett formed Meyer Chatfield in 1992, driving the vision for a market-leading portfolio and strategic direction. He has consulted on Bank Owned Life Insurance (BOLI) transactions for over 300 banks, giving him a deep insight into all aspects of BOLI and the requirements of banks of all sizes. He worked on the inter-agency guidance for BOLI, OCC 2004-56 to establish best practices in BOLI administration for banks.

Daniel L. Barbaree

President and CEO

Daniel Barbaree Headshot

Daniel L. Barbaree

President and CEO

Dan Barbaree serves as President of Newcleus, the preferred national provider of benefit and insurance administration formed from the combination of Bank Financial Services Group and Meyer-Chatfield Group. Dan leads the development of the organization by ensuring foundational philosophies and first-class servicing standards remain upheld. His supervision ensures all departments meet their goals in alignment with Newcleus’ vision and the needs of the ever-evolving marketplace.

Dan’s career began as a consultant working with various financial and technology companies in the Tri-State area. He began working at JPMorgan Chase in 2002 and was later appointed as the Senior Financial Manager for the Home Equity and Capital Markets IT businesses, overseeing $150 million in expenses and $350 million in resources. In February of 2008, Dan joined BFS Group as Chief Financial Officer and Chief Operating Officer where his role played an integral part in the development and growth of BFS Group’s national sales team and back office support in Newtown. In 2013, he was named President of BFS Group.

Dan is licensed for life and health insurance in over 40 States and also holds his Series 6 and Series 63 securities licenses.

Richard Pearson

EVP, Chief Operating Officer

Richard Pearson Headshot

Richard Pearson

EVP, Chief Operating Officer

Rich is a graduate of Lehigh University, class of 2003 with a Bachelor of Science degree in Business Information Systems. He went on to hold positions with Wyeth Pharmaceuticals as the Client Services Support Leader and with The Vanguard Group as a Web Support Specialist.

Rich joined BFS Group in 2006, and has worked in various departments including roles within Design & Analysis, Client Service and Information Technology. In October of 2014, Rich was appointed Chief Administrative Officer (CAO) of BFS Group, a role he continued to serve under Newcleus.

Currently, as Chief Operating Officer, Rich oversees all enterprise resource management systems, which include Newcleus MINTS, processes related to compliance, new business and benefit plan servicing.

Christopher J. Pezalla

EVP, Chief Actuary

Christopher J Pezalla

Christopher J. Pezalla

EVP, Chief Actuary

Chris Pezalla leads both the Newcleus Design and Analysis team and the Non-Qualified benefit plans team. With the Design and Analysis team, he is responsible for supporting the sales force, and designing creative and efficient financial solutions for our clients. He manages insurance carrier relations, and assists in the development of new life insurance and annuity products. As part of the Non-Qualified benefit plan team, he oversees bank and credit union plan design, accounting support, regulatory compliance, and reporting for all of Newcleus’ clients.

Chris has been in the insurance industry for over twenty years and has worked for three insurance carriers in a variety of actuarial roles. Over the last fifteen years, he has been involved in corporate owned life insurance marketing, product development, underwriting, and administration, with a focus on the community and regional bank market. Recently he has been called upon by the FFIEC to participate in the Emerging Issues Conferences and assist in educating the national banking regulators on bank and credit union owned life insurance.

Having graduated from the University of Minnesota at Morris with a BA degree in Statistics and Economics, Chris received his master’s degree in Actuarial Science from the University of Iowa. He also is a fellow in the Society of Actuaries (FSA), and a member of the American Academy of Actuaries (MAAA).

Whit Stewart

EVP, Chief Partnership Officer

Whit Stewart

EVP, Chief Partnership Officer

Whit serves as Chief Partnership Officer and Executive Vice President of Newcleus, and has broad experience within structured finance, private equity and investment banking.

Whit began his career at Bear Stearns in New York. While at Bear, he structured asset-backed securities including collateralized debt obligations, collateralized loan obligations and synthetic CDOs totaling over $8 billion. Following his time in investment banking, Whit worked in private equity at The Carlyle Group, where he focused on opportunistic investments for the firm.

More recently, Whit was Vice President at J.P. Morgan and Managing Director at Edge Capital Partners. While at J.P. Morgan, he oversaw coverage of Maryland and was part of a team managing over $12 billion in assets.

Whit went to St. Lawrence University for his undergraduate studies (cum laude) in economics and political science, and Johns Hopkins University for his graduate studies (Masters) in quantitative finance.

Our core staff

Jonathan Barnes

Jonathan Barnes

VP, Business Development

Bill Barr Headshot

Bill Barr

Network Administrator

Shera Brady Headshot

Shera Brady

Director of System Operations

Mike Bruschini Headshot

Mike Bruschini

VP, Account Executive

Kevin Burns Headshot

Kevin Burns

SVP, Director of IT

Tara Canniff Headshot

Tara Canniff

Sr. Policy Servicing Specialist

Michael Carman Headshot

Mike Carman

Account Executive

Melissa D'amico Headshot

Melissa D’Amico

Director of Compliance and Agent Operations

Amy Feminella Headshot

Amy Feminella

Director of Marketing

Mark Grant Headshot

Mark Grant

VP, Non-Qualified

Scott Grbas Headshot

Scott Grbas

Account Executive

Sarah Grutka Headshot

Sarah Grutka

Executive Assistant

Yul Hawkins Headshot

Yul Hawkins

Account Executive

Sydney Horvath Newcleus Administrative Assistant

Sydney Horvath

Adminsitrative Assistant

Steve Kezel Headshot

Steve Kezel

Jr. Software Developer

Richard Malone

SVP, Non-Qualified

Richard Malone Headshot

Richard Malone

SVP, Non-Qualified

Richard’s career spans more than 35 years in the financial services arena, marketing and supporting compensation solutions and nonqualified benefit design for the key executives and directors of financial institutions. In his role at Newcleus Financial, Richard works closely with
clients’ legal and accounting advisors to fully and accurately document nonqualified benefit programs, while providing guidance on regulatory and compliance matters relating to executive and director benefits.

In past experience with several major life insurance carriers as well as key producer organizations in the BOLI arena, Richard has gained a wealth of knowledge and expertise in all facets of executive compensation and benefit arrangements. In addition to nonqualified benefits, Richard provides consulting services on employment agreements, change-in-control agreements, Section 280G, incentive plans and death benefit programs.

Richard is a graduate of the University of Southern Mississippi and received his Masters from the New Orleans Baptist Theological Seminary. Richard lives in Ocean Springs, Mississippi with his wife, Beverly, and their special needs son, Lee. In his off time, Richard enjoys running and long-distance biking with the Gulf Coast Running Club and Gulf Coast Bicycle Club.

Dolores Marinucci Headshot

Dolores Marinucci

Accounting Support Associate

Brian McCracken Headshot

Brian McCracken

VP, Account Executive Director

May Palmerio Headshot

May Palmerio

VP, Account Executive Director

Karen Reed Headshot

Karen Reed

Sr. Accounting Specialist

Andrea Sandlin Headshot

Andrea Sandlin

Account Executive

David Schwartz Headshot

Dave Schwartz

VP, Account Executive

Joe Verrecchio Newcleus Systems Coordinator

Joe Verrecchio

Systems Coordinator

Curtis Viggers

VP, Account Executive

Curtis Viggers Headshot

Curtis Viggers

VP, Account Executive

Curtis brings over 30 years of insurance and benefit knowledge to our firm working with both corporate and non-profit clients. Possessing extensive experience in design management, implementation, and administration of individual and group insurance plans and alternative risk funding strategies, he advises clients ranging from individual! participants, to high profile clients, and C-Suite executives. As VP – Account Executive with Newcleus, Curtis’ primarily focuses on facilitating all activities of the Credit Union Division including helping clients integrate with our MINTS reporting system.

Jillian Walton Headshot

Jill Walton

Policy Servicing Assistant

Jared Watson

Jared Watson

Account Executive

Rachel Wentz Headshot

Rachel Wentz

VP, Account Executive

Renee Wentz Headshot

Renee Wentz

VP, Director of Human Resources

James Calla

Regional Managing Director

James Calla

Regional Managing Director

Jim has more than forty years of experience working in the financial market. He now works as an independent agent for Newcleus. From 2013 to April 2020 he was the National Sales Manager for Meyer Chatfield, BFSMC, and Newcleus, and was responsible for more than 20 sales agents across the county selling BOLI/benefits to banks and credit unions.

Prior to my time in the BOLI/benefits company, Jim was a banker for over 25 years. Most of his banking career was in the treasury space for banks ranging from $2 billion to $80 billion in size. His work included investments, funding, hedging and ALCO. From 1995-2009, he was responsible for building two large capital markets groups. As president of the broker dealer, he transacted derivatives, fx, fixed income products, short term money markets, public finance and securitizations. Jim was responsible for trading rooms locations in Philadelphia, Boston, London, and Hong Kong. For the period 2009-2013, he built a company called World Currency USA. This company assisted financial institutions with their foreign exchange execution.

William Chatfield

Regional Managing Director

William Chatfield

Regional Managing Director

In 1988, Bill Chatfield partnered with Bennett Meyer to form Meyer-Chatfield Group. Throughout the company’s history, Bill has been involved in the technical aspects services, developing the sales force, creating a national presence for the company, and the development of the cutting-edge, proprietary strategies Meyer-Chatfield Group has pioneered.

After graduating from Loras College in Dubuque Iowa, with majors in Math, Accounting and Business Administration, his business career started when he joined Arthur Andersen & Co’s in the Chicago office in 1972. He was the first of many Loras graduates recruited by Arthur Anderson & Co. His Estate Planning and Compensation work. He also was heavily involved in M&A and Sub S tax related matters.

Bill joined Barclay Associates in late 1977, a firm that specialized in estate and compensation planning for closely held companies. They were pioneers in the 401(k) arena, helping many corporations successfully design, communicate, and administer their 401(k) programs. He helped transition the firm to Ethyl Corp., when they purchased it in 1985. Bill then went on to specialize in the ESOP field, where he assisted closely held ESOP companies in first recognizing, and then planning for, their eventual Repurchase Liability.

Bill has three grown children and two granddaughters. His interests include the outdoors, woodworking, travel and family.

Brad Dyksen

Regional Managing Director

Brad Dyksen

Regional Managing Director

Brad Dyksen has been in the financial industry for over 20 years. His career with Financial Services Inc, in 1999 as a website designer, moving on to sales. Eight years ago, he began working for Meyer-Chatfield, and consistently sells over $100m of premium each year. He sits on the planning committee for MD Bankers and has been attending state association conferences for more than fifteen years. Brad won “Top New Experience Advisor” and “Executive Benefits Leader” in 2019 with UFinancial/Mass Mutual.

Brad holds his Life, Health, Series 6, and Series 63 licenses. In his free time Brad enjoys playing ice hockey

Charlie Hicks

Regional Managing Director

Charlie Hicks

Regional Managing Director

Charlie Hicks has been in the financial industry for over 20 years. He began in 1994 as a Business Development Manager at Private Business, Inc. which is now part of Jack Henry’s ProfitStars division. There he developed and oversaw marketing and sales efforts at client banks to deliver the Business Manager asset-based lending solution to their commercial clients.  He was later promoted to VP, Bank Manager and oversaw the corporate relationships with larger regional banks, including Synovus, Old National Bank, and Union Planters Bank (Now Regions Bank).

He joined Meyer Chatfield and started in the BOLI industry in 2003. In 2011, as a member of the Meyer Chatfield Southeast Team, Charlie successfully launched the proprietary LINQS+ Lifetime Deferred Comp solution. Over the last nine years he has placed over $100 Million of LINQS+ representing over $200 Million in lifetime retirement benefits for key executives and officers in the Southeast alone.

Charlie has a BS in Math and Business Administration and his Masters in Public and Private Management with Private Sector Concentration from Birmingham-Southern College. He has his FINRA Series 7 & 66, Life and Health Licenses.

In his free time, Charlie has been active with several local youth soccer leagues as a board member, while also serving as a coach or team manager for more than ten years for numerous youth girls soccer teams. He is an active member of New Beginnings Community Church, Gadsden, AL.

JR Llewellyn

Regional Managing Director

JR Llewellyn

Regional Managing Director

JR Llewellyn provides both strategic direction and tactical planning expertise for all compensation programs designed by Compensation Advisors. Over the past 7 years, Llewellyn has offered the guidance and creativity needed to craft customized non-qualified compensation plans, equity allocation plans, annual incentive plans, and comprehensive executive and director compensation reviews. Through his efforts he has firmly positioned the company as a leader in the compensation consulting industry.

He has been instrumental in the creation and launch of a patent-pending retirement methodology program developed by Compensation Advisors called LINQS+ (Lifetime Income Non-Qualified Solution). In addition, JR brings professional experience as a financial advisor from Morgan Stanley. Prior to his career in the financial industry, he played golf professionally on the NGA Hooters Tour and other mini tours in the southeast. He holds a BBA with a Banking concentration as well as Series 7, 66 and 31 FINRA Securities Licenses and insurance licenses.

Mr. Llewellyn lives in Greensboro, GA with his wife and son. He remains active in church and community activities.

Zach Low

Regional Managing Director

Zach Low

Regional Managing Director

Zachary has been in the banking industry for more than 18 years, beginning his career in 2003 at BFS Group. He consults exclusively with community and regional banks to assist in non-qualified benefit placement and associated financing strategies. Zachary also focuses on the Bank’s existing benefit programs to make them more efficient and meaningful for the Bank and participants. Over the years, as a frequent speaker at conventions, association meetings, and many banking events, he has become well known and respected throughout the Eastern Region.

 

A graduate of Penn State University, Zachary lives in Bucks County, PA with his wife and 3 children.

Anthony V. McCracken Jr., CFP®

Managing Director - Retirement Plans

Anthony V. McCracken Jr., CFP®

Managing Director - Retirement Plans

Anthony works with Plan Sponsors to design, manage and oversee meaningful 401(k) Retirement programs. He has worked in the Financial & Retirement Planning industry since 2006 and has helped organizations design and service plans to create successful retirement strategies for their employees. His emphasis on consistently monitoring fiduciary processes such as fee benchmarking, investment due diligence and education programs have improved the retirement outcomes of many clients.

Anthony is a graduate of Rutgers University in New Brunswick, NJ where he earned a Bachelor of Science in business economics. He loves to read, travel and play golf. Anthony and his wife, Jen, live in Newtown, PA with their son, Declan.

Professional Licenses/Designations:

· CERTIFIED FINANCIAL PLANNER™ (S6) Investment Company and Variable Contracts Products Representative

· (S7) General Securities Representative

· (S63) Uniform Securities Agent State Law

Insurance Licenses:

· Licensed Insurance Producer – Life, Accident & Health

Anthony V. McCracken Jr., CFP®

e: amccracken@aldeninvestmentgroup.com
w: aldeninvestmentgroup.com
p: (609) 613-8266

Cory McPhee

Regional Managing Director

Cory McPhee

Regional Managing Director

Cory has more than thirty years of vast and varied experience in public, private and charitable enterprises. He began his career in financial services in 2010, upon joining BFS Group. Prior to that, he had served as a Congressional staff assistant in the Office of the Majority Leader in the U.S. House of Representatives.

Established in 2002, he is the co-founder and co-owner of a successful NH seacoast area fine dining foodservice and catering business. For well over a decade, Cory has had continued involvement with his family foundation, The Adam McPhee Memorial Foundation, which supports community enrichment and the advancement of handicapped and underprivileged individuals. He also played an instrumental role in working with the US Department of Agriculture to preserve critical wetlands on his family homestead.

Cory received his bachelor’s degree from Loyola University New Orleans. He served as an elected town official for three terms on the Epping, NH planning board. A fifth generation New Hampshire native, Cory along with his wife Julie and daughter Nola, live on the McPhee family compound in Epping NH.

Thomas Molteni

Regional Managing Director

Thomas Molteni

Regional Managing Director

Tom Molteni began his career in financial services in 1978 just before college graduation.

In the summer of 1975 as a college sophomore, Tom sold books door to door in North Texas for the Southwestern Co., achieving the prestigious Century Club award for sales performance.

Tom attended Middle Tennessee State University, graduating in 1978. Tom finished with a BBA, double major in General Business & Marketing. Tom also has a minor in Archeology. He is a member of The Sigma Chi fraternity, serving as Rush Chairman for 4 years.

Tom was affiliated with several brokerage firms in the 1980’s and 1990’s, including Prudential Bache, Dean Witter as well as Paine Weber. Tom served as Senior Vice President, Commodity Futures Department manager at Pru Bache & Dean Witter.

In April 1994, Tom joined a national Community Bank services firm, Private Business Inc. headquartered in Brentwood, TN. Tom was tasked with bringing new partner banks on board, promoting a commercial lending product for those banks. During his ten-year tenure, Tom licensed about 300 community banks on PBI’s Business Manger lending product in about 15 states, including the four largest banks ever licensed by the company. He achieved The President’s Club award each of his ten years of employment. He was Bank Salesman of The Year 7 times, as well as a Diamond Club award winner 5 times.

Tom then joined Meyer Chatfield Corp. in the fall of 2003. He and his partners have bank clients in about 14 states, as the partnership administers Bank Owned Life Insurance (BOLI), as well as compensation plans for about 75 bank clients.

Tom is Series 6 licensed and is affiliated with Alden Plus Porfolios.

Tom is a native to Nashville, TN and is married to his college sweetheart, Beth Ligon Molteni since 1980. They have three adult children and a new Granddaughter. Tom enjoys gardening and tennis as well as collecting wine, fine dining and traveling.

Daniel Peterson

Regional Managing Director

Daniel Peterson

Regional Managing Director

Daniel E. Peterson, LLIF, LUTCF is President & Managing Partner of E4 Insurance Services, a national independent Brokerage General Agency formed by the merge of e4 Insurance Services and Insurance Services Group in 2019. E4 Insurance Services markets Life Insurance, Annuities, Long Term Care Insurance, and Disability Insurance for over 40 of the top insurance companies in the United States. Dan and the E4IS team provide services to Financial Advisors, Accounting Firms, Trust Departments, and Financial Institutions in the area of life insurance planning and reviews, estate planning, farm and business succession planning.

Peterson is considered an expert in the areas of Life Insurance Policies, Bank Owned Life Insurance (BOLI), Estate Planning and Deferred Compensation, and Farm and Business Succession Planning. Dan has extensive experience in pricing and developing insurance products, including life insurance and fixed and indexed annuities. He has been utilized as an insurance expert consultant by top 25 Accounting Firms and assisted in conducting audits of insurance policies, Irrevocable Life Insurance Trusts (ILIT’s) and premium financing programs within Bank Trust Departments. Peterson has worked in the insurance business for over 30 years as an agent, home office employee, and served as Sr. Vice President and Chief Marketing Officer for Clarica U.S., an A+ rated life insurance company that was purchased by Sun Life of Canada in 2002. Dan was selected to be part of the senior management team that helped sell the U.S. operations of Clarica to Midland National (Sammons Financial Group) in late 2002.

Peterson has extensive background in mergers and acquisitions. For years, Dan has worked closely with family farms and closely held businesses, helping them develop their succession and estate plans. He has developed a network of advisors, accountants, and estate planning attorneys who specialize in this area. In 2014, Dan was recognized for his expertise in farm succession planning when he became the first independent advisor to be certified in Nationwide’s “Land As Your Legacy” program. Dan has consulted and developed plans for hundreds of family farms and closely held businesses. He is an expert on the tax and legal strategies available for farms and businesses, and risk management tools that insure against the risks that can impact a plan. He understands very well the unique challenges today’s family farm has in transferring to the next generation with high land prices, low cost basis, lack of liquidity, and children who are often both on and off the farm. Peterson studied Business Administration at Liberty University in Lynchburg, VA. He has received the LUTCF designation through the American College and the LLIF designation through LIMRA and Babson College.

Peterson holds his Series 6 and 63 securities licenses and is a registered representative of the Leaders Group, Inc. He is also a Senior Consultant with BFS-MC Group and Meyer-Chatfield, the leading provider or financial solutions and consulting to financial institutions. Peterson was recognized by his peers in the National Association of Insurance and Financial Advisors (NAIFA) as the 2017 Advisor of the Year in Fargo/Moorhead and as the 2017-2018 NAIFA-ND North Dakota Agent of the Year. He currently serving as the 2019-2020 NAIFA-ND Past President after serving as NAIFA-ND President in 2018-2019. He also served from 2010-2013 as a Director of the National Association of Independent Life Brokerage Agencies (NAILBA). Dan is Past President of the FM-AM Rotary service club, is a member of the Red River Estate Planning Council, the ND Ambassador for the Association for Advanced Life Underwriting (AALU) and is Past President of the Tulaby Lake Association.

Peterson has been married to his wife Annette for 30 years and they have two sons, Jordan and Jesse. They reside in Horace, ND and enjoy their lake cabin in Minnesota. Dan also is a tournament walleye fisherman and an avid hunter.

Scott Phillips

Regional Managing Director

Scott Phillips

Regional Managing Director

Scott began his career as an attorney, practicing law in Utah. He is a graduate of Brigham Young University and attended law school at BYU’s Reuban Clark Law School. In 2002, he joined Northwestern Mutual as a financial Representative with an emphasis on estate and business planning. After 11 years working with individuals and businesses in the area of financial planning, Scott joined BFS Group as a Regional Managing Director specializing in the funding of employee and executive benefits for financial institutions through the use of Bank Owned Life Insurance. Scott holds his Series 7, 6, and 63 licenses with FINRA.

David Schunke

Regional Managing Director

David Schunke

Regional Managing Director

David Schunke began his career in banking in 2000, working for his family owned core processing company, Financial Services, Inc. (“FSI”), which provides core processing systems to more than 200 community banks. He started in the mail room and worked his way up to the Senior Vice President of Sales. David led the development of a team of nationwide consultants and was instrumental in the development of new financial technology products. David’s leadership, coupled with his deep understanding of the banking industry, FSI became one of the most dominant Fintech firms in the country.

Dave’s relationship skills and experience in the banking business will make him an integral member of the BFS team working with banks across the Mid-Atlantic New England states. David has a B.S from Northeastern University, Boston, MA. Dave also hosts a TV show called Fish Mavericks that Airs on Discovery Channel and Amazon Prime.

Brian Sheldon

Regional Managing Director

Brian Sheldon

Regional Managing Director

Brian brings more than 30 years serving financial institutions to his role of Senior Managing Director at Meyer-Chatfield. Together with Bill Chatfield, he is responsible for managing relationships and sales efforts in the Midwest and Washington. He works with financial institutions to educate and implement BOLI assets and executive benefit plans. Another key focus of Brian’s role is to work with his Meyer-Chatfield team to provide outstanding administrative service for his bank clients.

Prior to joining the Meyer-Chatfield team, Brian served as a strategic partner with the company. He is a licensed life insurance agent and holds his Series 6 & 63 licenses.

Previously, he was Vice President of Sales for IAC Group, specializing in insurance for banks. Prior to that, he spent over 13 years with Deluxe Corporation. As a sales performance manager, he provided checks and related products for financial institutions.

Sheldon is a graduate of Memphis State University, where he majored in insurance. He was captain of the Memphis State racquetball team. Brian led his team to 4 of the University’s 14 consecutive national racquetball championships. He enjoys spending time with his wife Victoria and their four children. He also plays competitive squash and golf.

Mark Sollenberger

Regional Managing Director

Mark Sollenberger

Regional Managing Director

Mark Sollenberger brings a wealth of banking and financial services experience to his role as Managing Director at Meyer-Chatfield. Mark spent over 25 years accumulating experience in the banking industry rising to the position of CFO and Executive Vice President, followed by 15+ years working in the financial sector with emphasis in the areas of Bank Owned Life Insurance and compensation. Together with Bill Chatfield, he is responsible for managing relationships and sales efforts in parts of the Midwest and Central Atlantic regions.

As an executive, CFO, and a member of the senior management team, Mark’s responsibilities at his bank included strategic-planning, mergers and acquisitions, investor relations, and the analysis and development of new business lines within the organization. He was very active in the administration and management of the company’s executive compensation plans.

A graduate of Shippensburg University, with a degree in Business Administration – Accounting, he received his MBA from the Indiana University of Pennsylvania. Mark and his wife Yvonne have three children and two grandchildren. He enjoys golf, traveling, and spending time with the family.

David Soto

Regional Managing Director

David Soto

Regional Managing Director

As Managing Director, David is responsible for initiating and managing client engagements from inception to implementation and beyond. Part educator and part consultant, David and the team @ Newcleus take a pragmatic, process driven approach to construct compensation and executive benefit strategies that align with the client’s go forward strategy and in turn improve franchise value.

With a career in financial services spanning two decades, David began as an intern with Sheshunoff Information Services in 2000 that evolved into a twelve-year stint with the firm as a Financial Data Specialist. In this capacity, David worked with countless financial institutions, investment bankers, consultants, attorneys, and government treasurers.

David attended Southwest Texas State University (now Texas State) for his undergraduate studies in Business Administration with a concentration in Finance. He currently holds his Series 6 and 63 securities licenses as well as his state Life and Variable Annuities licenses.

David and his wife, Mikaela, live in Austin with their three children Deklan, Everley and Merrik.

Cole Svenson

Regional Managing Director

Cole Svenson

Regional Managing Director

Cole Svenson has been in the financial industry for 12 years. He started working at Financial Services Inc. in Glen Rock, NJ where he was responsible for bringing their digital board package product to the banking market outside of New Jersey. He started as a sales associate and ended as Vice President of Sales and Director of CoreShare. He had a small team working under him that was spread throughout the United States before moving on to Meyer-Chatfield where he worked as a Regional Managing Director. Cole is now a managing director at Newcleus.

Cole went to Indian River State College in Florida and studied business with a concentration in finance. He holds his Finra series 6, 63, and S.I.E Life and Heath licenses. He also holds his 100 ton masters captains license and spends his free time fishing blue water tournaments up and down the East coast as well as playing golf.

Brian Watterson

Regional Managing Director

Brian Watterson

Regional Managing Director

Known as a strategic thinker, Mr. Watterson has created tailored balance sheet solutions for depositories ranging from small community banks to super-regionals. During his career, he has leveraged a deep knowledge of banking regulations and balance sheet levers to help clients manage portfolios to greatest effect. As Senior Managing Director, Brian is responsible for relationships and sales in the Midwest and platform wide capital markets skills. He works with financial institutions to bring Newcleus’ suite of insurance and executive compensation-based products to enhance the institution’s earnings and/or reduce their risk.

Watterson has held senior positions at several highly regarded financial service firms, most recently Guggenheim Securities and Keefe, Bruyette & Woods where he was a top producer focused on depositories and their strategic balance sheet needs. He  has proven experience working with banks, credit unions, funds and insurance companies to maximize bond portfolio value. Brian has also successfully built and maintained relationships with hedge funds, high net worth Individuals and family offices.

Specifically focused on the depositories, knowledgeable and comfortable in application of various strategies employing all currently available options and resources; M&A, DCM, ECM, Distribution, Leverage, Repo, Reverse Repo, Sale Lease Back, BOLI, Loan Sales and Acquisition, PACE & SBA.

His strong capital markets knowledge, contacts and experience can work for your bank. FINRA Series 7 & 63, Licensed Life Insurance Producer. IBA Small Bank CEO Roundtable Moderator 2020-2021

Brian graduated from the University of North Carolina, Chapel Hill and currently resides in Glen Ellyn, Illinois.

Mike Downey

Managing Director

Mike Downey

Managing Director

Mike has over 29 years of experience helping corporations with insurance and investment strategies. For the last 15 years, Mike’s attention and expertise focused on helping credit unions with retaining and rewarding key executives in addition to providing institutional investments to help offset employee benefit costs. He has won numerous industry awards and has been a speaker at industry conferences.

Mike is responsible for engaging new clients and assuring existing customers are provided with the best cutting-edge solutions. He works with financial institutions to enhance the firm’s earnings and/or to reduce their risk by offering Meyer-Chatfield suite of insurance and executive compensation–based products.

He is a graduate of the University of Maryland and holds the Chartered Life Underwriter (CLU) designation. Additionally, he is Series 6, 63, 65, 7 and life and health licensed.

Mike and his wife Linda have a beautiful, blended family with 7 children and are active in the Christian Community.

Tedd Meyer

Director

Tedd Meyer

Director

Tedd brings more than seven years of experience in proposal development, program management, and process improvement to Newcleus. As Regional Managing Director, Tedd is responsible for engaging new clients, servicing existing clients, providing cutting edge solutions, and refining processes in order to better benefit them.

Prior to Newcleus, Tedd worked as a Sales Associate at Meyer-Chatfield Credit Union Division. Before that, Tedd was a Project Manager at Northrop Grumman, leading management of programs ranging from $50-$100 million, and participated on proposal development for programs ranging from $500-$1,000 million.

Tedd is a graduate of the University of Alabama, earning a Bachelor’s degree in Management Information Systems, and a Masters degree in Operations Management. He is an avid golfer and holds the Series 66, 7, and Life and Health Licenses.

John Moreno

Managing Partner

John Moreno

Managing Partner

John has been serving the needs of credit unions and their members since 1999. His career in the movement began with CUNA Mutual Group as a face-to-face financial advisor. Following that start in the Credit Union industry, he moved to Madison, Wisconsin to work with Members Capital Advisors in the institutional client service, marketing and sales.

After his time at MCA, he re-joined CUNA Mutual Group as a specialist in non-qualified deferred compensation plans and non-703 investments. After leading his division in client acquisition and service for 4 consecutive years, John joined Meyer-Chatfield to bring truly innovative institutional investment and insurance solutions from the large bank market and insurance market to credit unions.

Jill Ricci

Executive Assistant

Jill Ricci

Executive Assistant

Jill began working for Bennett Meyer in 2008 and has more than 15 years of experience working directly with C-Suite executives and sales teams. She is highly dedicated and self-motivated, and is a crucial element in the support of our team’s success. Jill holds a Bachelor of Science in Economics from the University of Delaware, and is a proud mother of three.

Glenn Smeraglio

Business Development Manager

Glenn Smeraglio

Business Development Manager

Glenn Smeraglio started his financial services career in 1995 with The Creative Financial Group in Newtown Square, PA. He worked specifically with business owners to develop business continuation and estate plans. After seven years honing his craft, Glenn moved on to work with National Life and the Shevlin Group for five years.

In 2007, along with two long time colleagues, Glenn formed Wealth Planning Strategies located in his hometown of Newtown, PA. WPS was a comprehensive one stop shop for business owners and individuals to plan their financial future. Glenn joined Meyer Chatfield in 2016 and helped to create the foundation for the Credit Union Division. As Manager of Business Development, Glenn still uses his specific skills to cultivate relationships and connect leaders in the credit union space to ideas and products unmatched in the industry.

Since 1995 I have enjoyed working with people in finding solutions to their individual financial needs. After joining Meyer Chatfield CU Division in 2016 I have had the pleasure of speaking with and helping leaders of this industry in forming plans that lead to the continuation of strong community values rooted in the credit union space. I have melded my passion for golf and fishing into a way to spend more time with these leaders to further understand their specific future concerns. I have a one grown son and have been happily married to my wife Colleen for 31 years.

Flynt Gallagher

President, Compensation Advisors

Flynt Gallagher

President, Compensation Advisors

Flynt Gallagher heads Compensation Advisors in its mission of assisting clients in attracting, motivating and retaining personnel critical to achieving success. Mr. Gallagher brings considerable experience and expertise to his role of providing CA’s clients with comprehensive and effective support. He combines extensive knowledge of accounting and income tax matters related to community banks with years of experience within the financial services industry.

Mr. Gallagher has a strong history of assisting financial institutions. His career began in the field of Public Accounting and continued for ten years while moving into manager and ultimately partner positions with a Regional firm before accepting the Tax Manager positions with Florida National Bank and its successor First Union National Bank. In this capacity, he the reviewed and developed compensation plans focused on retaining current and future wealth for executives of both large banks and community banks. Mr. Gallagher also worked with key clients of these banks on compensation, wealth management, income tax and related IRS issues. Subsequently, Mr. Gallagher established his own consulting firm and began offering these services to the banking community for the past twenty years.

Jennifer Allen

Senior Compensation Analyst

Jennifer Allen

Senior Compensation Analyst

In her role as Senior Compensation Analyst at Compensation Advisors, Jennifer’s responsibilities consist of compensation, financial and performance analytics associated with all areas of banking. She is active in project fulfillment and client interface to ensure timely and accurate project delivery.

Prior to joining Compensation Advisors, Jennifer’s work experience spans finance, government, and technology industries and includes analytics in the areas of risk, compliance, metric reporting, and cost analysis. Most recently, Jennifer was a Solution Specialist, managing the technical operations and licensing requirements for an OS deployment and automation startup in the software industry. Prior to working as a Solution Specialist, she held a civilian position with the Department of the Navy as a Logistics Manager where she controlled budgetary and technical requirements related to the pre and post installs of F/A-18 Training Simulators across the country. Jennifer began her career with Merrill Lynch as a Customer Compliance Specialist, specializing in risk analysis and domestic / international regulatory requirements for institutional trading.

Jennifer graduated from the University of Florida with a Bachelor of Science and Business Administration with a major of Finance and holds a Master of Science in Operations Management with a concentration in Business Administration.

Jah-Healla Daniel

Compensation Analyst

Jah-Healla Daniel

Compensation Analyst

Jah-Healla is a Compensation Analyst at Compensation Advisors and has been with the company for two years. She works closely with the Senior Compensation Analyst to perform various market comparisons on all aspects of compensation, including reviewing data and preparing reports.

Jah-Healla also oversees internal project management tool; ensuring projects are completed on schedule and mapping out workflow throughout the year. Prior to joining Compensation Advisors, Jah-Healla worked in various areas of accounting. She obtained her Bachelor’s degree in Accounting from Barry University and her Master of Science in Accounting from Liberty University.

In her leisure time, she loves to cook, go to the beach, and is a certified yoga instructor. Jah-Healla is happy to be a part of the Newcleus family and looks forward to growing with the company.

Jeff Fairchild

Director of Compensation Consultanting

Jeff Fairchild

Director of Compensation Consultanting

Mr. Fairchild has extensive experience consulting with Compensation Committees, Board of Directors and Senior level Executives to review executive and director current compensation practices, assess competitiveness of pay and related compensation programs relative to market practices. He guides and assists clients in the development of compensation plans including annual incentive plans, long-term incentive plans, deferred compensation plans and market-aligned pay and salary grade structures. As Senior Compensation Consultant, Jeff brings vast understanding and a diverse professional background of providing and maintaining excellent client relationships.

Jeff graduated from the University of Alabama in 1993 with a Bachelor of Commerce and Business Administration with a concentration in Health Care Management. While attending graduate School at Mercer University in Atlanta, he worked for Georgia Power Company providing customer support within the sales department. Following graduation from Mercer with an MBA in Marketing, he worked with a national medical services company as the Operations Manager for their Atlanta office. When at Pharmacia Corporation, he utilized his expertise, building the company’s internal sales department. Most recently, Jeff worked with a national expert witness search firm consulting with attorneys at major law firms.

Patrick Turnipseed

Compensation Analyst

Patrick Turnipseed

Compensation Analyst

Patrick Turnipseed joins Newcleus Compensation Advisors as an Analyst after two years in public accounting as a staff auditor. He received his Bachelor’s degree in accounting from the University of West Florida, and is currently enrolled in Graduate School at UWF in pursuit of a Master’s in accountancy and is studying for his CPA license. He also holds a CAM (Community Association Manager) License.

Patrick was a previous president of the UWF Argonaut Investment Fund and a member of Beta Alpha Psi Accounting and Finance honors society. In his free time, he enjoys going to the beach, reading, playing pickup basketball and camping.