MANAGEMENT TEAM

Our Department Managers in operations, compliance, supervision and deployment average over 10 years of industry experience. These individuals understand that our Registered Representatives and their clients are the main priority at PKS. Our commitment to service is unwavering and our management teams’ experience is an invaluable asset to prospective registered representatives, independent advisers thinking about joining our platform on a dually-licensed basis and most importantly, to end clients who deserve the highest attention to detail in any and all communication with PKS. Our management team is “committed to excellence” in everything they do.

J. Peter Purcell

Chief Executive Officer

Mr. Purcell is a founding partner of Purshe Kaplan Sterling Investments, and serves as Chief Executive Officer. Under Mr. Purcell’s leadership, PKS has grown into a nationally-recognized independent broker/dealer with a strong commitment to excellence.

Mr. Purcell has long championed the “open-architecture,” or hybrid, model of providing quality product, services and advice to the public. Prior to starting PKS in 1993, Mr. Purcell was a managing partner in an SEC Registered Advisory firm; this provided him a unique perspective in determining the structure and direction of PKS’ business model. Recognizing the need for RIAs to have access to traditional brokerage products and services, Mr. Purcell and his partners developed a visionary and unique model to service the commissionable-brokerage needs of dually-licensed advisors and registered representatives. Mr. Purcell and PKS remain committed to the independent, open-architecture model and will continue to champion that model, which we consider the future of the advisory and brokerage industry.

Peter Sheehan

Director of Trading

Mr. Sheehan is a co-founder and Director of Trading at PKS, since the firm’s inception in 1993. Mr. Sheehan manages the firm’s trading relationships with our clearing firm, Fidelity Capital Markets, and all outside institutional capital markets desks. Prior to forming PKS, Mr. Sheehan was a managing principal of an SEC Registered Investment Advisor. Mr. Sheehan graduated with a Bachelors Degree from Siena College in 1984.

Katherine M. Flouton

Chief Operating Officer and Director of Supervision

Kathy Flouton is the Chief Operating Officer and Director of Supervision at PKS. Kathy has been on the operations side of the business since 1997 when she joined PKS as an Operations Clerk. She was promoted to Director of Operations in 2002 and served in that capacity until April of 2010, when she was promoted to COO and Director of Supervision.

As COO, Kathy is actively involved in the day to day operations of PKS and is instrumental in the overall management of the firm. As Director of Supervision, she manages a team of highly qualified supervisors that serve as the branch office’s relationship managers and are primarily responsible for all of account and trade approvals.

Prior to working at PKS, Kathy was employed at a law firm as a paralegal that specialized in public sector labor law and personal injury.

Kathy holds the Series 7, 63 and 24. She is also life, accident and health licensed in New York State and is a notary public.

Michelle M. Pendergast

CPA, Corporate Controller

Michelle Pendergast joined PKS in 2006 as the Corporate Controller, after serving as an audit manager and accounting systems consultant for a public accounting firm for 10 years.

Michelle serves PKS as its Financial Operations Principal and has primary responsibility for and supervision over its accounting department, including all financial transactions and reporting.

Michelle’s professional affiliations include membership in both the American Institute and New York State Society of Certified Public Accountants, and serves on the Chief Financial Officers Committee for the Northeast New York Chapter. She holds a Bachelor of Business Administration in Accounting degree from Siena College in Loudonville, New York and is licensed as a certified public accountant.

Lisa LaFond

Chief Compliance Officer

Lisa LaFond joined PKS in 2004 as an Assistant Compliance Officer and was promoted to Chief Compliance Officer in 2007.

As Chief Compliance Officer, Lisa oversees the Corporate Compliance Program, functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization. The position ensures the registered representatives are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company’s Standards of Conduct.

Previously, Lisa worked for The Ayco Co., a Goldman Sachs Co., as a Financial Analyst.

Lisa has a Bachelor’s Degree in Business Economics, with a minor in Accounting from the State University of New York at Oneonta. She also has a Master’s Degree in Business Administration, with a minor in Finance from Canyon College, and earned her Juris Doctor from Taft Law School.

Desmond Gordon, Jr.

Assistant Director of Compliance

Desmond Gordon joined PKS in 2009 as a Compliance Officer and was promoted to Assistant Director of Compliance in 2011. Desmond is responsible for keeping the firm compliant with the rapidly evolving regulatory infrastructure of the financial services industry.

Previously, Desmond worked for The Ayco Co., a Goldman Sachs Co., as a financial analyst/planner.

Desmond has a Bachelor of Science in Business Administration degree in Finance from the University at Buffalo, The State University of New York and holds the following licenses Series 7, Series 24 and Series 66.

Michael Carrillo

Director of Operations

Mike Carrillo joined PKS Operations in 2007 and was promoted to Assistant Director of Operations in 2008. Mike was promoted to Director of Operations in early 2010.

As Director of Operations, Mike works closely with our Institutional Sales group throughout the conversion process for representatives joining PKS to ensure timely and accurate account transfers as well as product review. Additionally, Mike works with our Trading, Supervisory and Compliance Departments on a daily basis to ensure that all client paperwork processed through the Operations Department is handled with proper diligence and urgency.

He previously worked for Sanford C Bernstein where he was involved in all facets of service to an advisor’s high net worth clientele in a self-clearing environment. This experience taught him the fundamentals of the industry from a back-office perspective which led to a natural progression into his current role with our firm.

Mike graduated with a Bachelor’s Degree in Business Economics from SUNY Oneonta. He holds Series 7 and 63 securities licenses and NYS Life Accident & Health Insurance license.

Mary E. Sheehan

Sr. Vice President, Institutional Sales

Mary Sheehan joined PKS in 1996 and brings more than 24 years of securities and insurance experience to our team. Since 2006, her role at PKS has been critical to the firm’s business development initiatives. As Director of the Conversion and Deployment Department, Mary oversees the transition services relating to on-boarding of new Registered Representatives. Prior to that, she worked in numerous roles at PKS assisting the Partners in the early development and growth of the company.

Before joining PKS, Mary spent more than four years at Berkshire Insurance and Equity Sales, with the prior five years at Union Central Life Insurance.

She currently holds the Series 6 and 63. She is also life, accident and health licensed in New York State.