Steven E. Collopy, CPA
*** ******* ***, **** ****, NJ 07452
Cell: 646-***-****
E-mail: ac8ech@r.postjobfree.com
www.linkedin.com/in/stevencollopy
EXECUTIVE SUMMARY
A highly motivated financial services executive with hands-on experience in finance, operational management and tax who possess solid leadership, communication, and interpersonal skills. PROFESSIONAL EXPERIENCE
DCM Advisors, LLC, New York, NY 2017 - Present
Chief Operating Officer / Divisional CFO
CFO/COO for Registered Investment Advisor
Responsible for advisory teams, fee billing and financial reports of teams
Lead operational and platform build-out and financial performance of RIA
Works with Management Team to monitor advisors profitability and growth
Oversees monthly P&L reports
Lebenthal Holdings LLC, New York, NY 2013 - 2017
Chief Financial Officer/FINOP
CFO for consolidated group Registered Investment Advisors: Lebenthal Asset Management, Lebenthal Wealth Advisors, Lebenthal Co. broker-dealer & Lebenthal Family Office
Lead the financial organization and implementation process and internal controls relating to financial operations
Oversaw monthly P&L reports and advisory reports to maximize profitability
Developed budgets and group metric data understand and maximize groups and firms performance
Sat on Investment Committee to oversee investment strategies
Worked with Board to provide and help understand business metric information around business lines
Managed treasury functions with banks and multiple clearing firms
Worked with department heads to monitor new advisors and the growth of business lines
Worked with the executive committee to review and help in due diligence relating to acquisitions and reviewing a book of business
Handled relationship and questions with investors while providing quarterly information
Point person relating to federal, state & local tax-related matters Gilder Gagnon Howe & Co. LLC, New York, NY 2000 - 2013 Dually registered Broker Dealer & Registered Investment Advisor managing $7 Billion of discretionary money for high net worth individuals
Chief Financial Officer/FINOP
Registered Investment Advisor/ Broker-Dealer
Monthly net capital calculations pursuant to 15c3-1 monthly FOCUS filing in compliance with broker-dealer regulation
Managed all Registered Investment Advisor and Broker-dealer related financial operations and accounting matters
Worked with portfolio managers, sales assistants, and IT developers to streamline processes and trade order management system
Primary liaison with JPMorgan Clearing Corp
Monitor and negotiate stock loan utilization and activity
Worked with CCO on reporting and analyzing portfolio manager performance data and other metrics
Managed the Firm’s private airplane and income tax issues related to planes
Responsible for the filing of all regulatory reports and requirements
Function as the Firm’s financial liaison with regulatory and government examiners
Responsible for Firm’s general ledger, financial statements, and month-end closing process
Managed the consolidation and inter-company transaction with wholly owned subsidiaries
Implemented Dynamics GP, books and record system including automation of monthly portfolio manager payout sheets
Responsible for planning, budgeting, and allocation of expenses between groups
Liaison with legal counsel and corporate counsel relating to firm business matters including real estate and corporate airplanes
Administrator of Firm’s $150 million defined contribution profit sharing plan
Plan assets allocated among 22 investments portfolios within 7 classes of investment options
The monthly allocation of profits among 80 participants with quarterly reallocation in classic hedge fund style
Analyze investment portfolios monthly performance to verify the accuracy
Responsible for 5500 & 8955-SSA
BDO USA, LLP,
Sr. Tax Manager – Financial Services
Responsible for tax planning and returns for Broker Dealers, Investment Partnerships and related entities including high net worth individuals.
Planned, directed, and reviewed tax planning and income tax returns
Managed staff and a team of financial tax professionals
Researched day-to-day tax issues and made recommendations and/or provided planning opportunities
Represented clients at IRS and State income tax examinations; prepared written correspondence with various government agencies relating to tax notices
Detailed and top review of individual and partnership tax returns
Detailed and top review of Hedge Fund K-1’s, allocations and tax returns
Detailed and top review of securities analysis to identify and determine appropriate tax treatment for various tax products
EDUCATION
Manhattan College: BS Accounting and BS in Computer Information Systems PROFESSIONAL ACCREDITATIONS
Series 6, 7, 9, 10 & 28
Member NYSSCPA’S, Member of AICPA
Programs: JPMorgan, RBC & Pershing platforms, Advent, Microsoft Excel and Word, Microsoft Dynamics, QuickBooks, Crystal Report Writer, ADP, JAT Payroll software and Papersave workflow software