Professional Certifications & Registrations

Securities Registrations  – Series 79

Mr. Kerchner and Mr. Clark hold the Series 79 and 63 registrations as a representative of StillPoint Capital, LLC*.

Business sale transactions often involve the exchange of securities and therefore SEC regulations require the licensing of brokers involved in these transactions. Working with a business broker or M&A advisor who is not licensed can expose the transaction to unnecessary risks.

NASD Rule 1032(i) requires registration with FINRA as a Limited Representative – Investment Banking and pass a corresponding qualification examination(five hours) if such person’s activities involve:

(1) advising on or facilitating debt or equity securities offerings through a private

placement or a public offering…, or (2) advising on or facilitating mergers and acquisitions, tender offers, financial restructurings, asset sales, divestitures or other corporate reorganizations or business combination transactions, including but not limited to rendering a fairness, solvency or similar opinion.

Learn more about the importance of the Series 79.

Certified Business Intermediary – CBI

Awarded by the International Business Brokers Association. Initial certification is earned after 68 hours of education combined with at least three years of industry experience and passing a comprehensive exam. Continued certification requires a combination of continuing education and successful completion of transactions.

Only 280 brokers in the United States and 10 in Pennsylvania have earned this designation.

The International Business Brokers Association is the largest international non-profit association operating exclusively for people and firms engaged in business brokerage and mergers and acquisitions. This association provides business brokers education, conferences, professional designations, and networking opportunities.  More on the CBI.

Mergers & Acquisitions Master Intermediary – M&AMI

Awarded by the M&A Source. Successful completion of the M&AMI certification process significantly distinguishes M&A professionals within their field. The M&AMI is the only designation to require both educational credits and the successful completion of multiple middle-market transactions.

Since its founding in 1991, the M&A Source strives to be “the source” for all those working on mergers & acquisitions transactions, including CPA’s, attorneys, investment bankers, investors, business sellers, and others.  This international organization currently has more than 350 members and about 100 hold the MA&MI.

Securities Registrations – Series 63

Mr. Kerchner and Mr. Clark hold the Series 79 and 63 registrations as a representative of StillPoint Capital, LLC*.

The examination covers the principles of state securities regulation reflected in the Uniform Securities Act (with rules prohibiting dishonest and unethical business practices). The examination is intended to determine an applicant’s knowledge and understanding of state law and regulations.

Pennsylvania Real Estate License

The real estate license requires completion of education courses on real estate fundamental, law and ethics, successful completion of the licensing examination and ongoing continuing education.