Securities Registrations – Series 79
Tom Kerchner, Dave Clark, Charlie Fay, Matt Tortora, and Jane Marlowe all hold the Series 79 (Investment Banking Representative) and the Series 63 (Uniform Securities Agent State Law) registrations as representatives of StillPoint Capital.
Business sale transactions often involve the exchange of securities and therefore SEC regulations require the licensing of brokers involved in these transactions. Working with an M&A advisor or business broker who is not licensed can expose the transaction to unnecessary risks.
FINRA rule 1200 requires registration with FINRA as a Limited Representative – Investment Banking and passing 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 Series 79.
Securities Registrations – Series 63
Tom Kerchner, Dave Clark, Charlie Fay, Matt Tortora, and Jane Marlowe all hold the Series 79 (Investment Banking Representative) and the Series 63 (Uniform Securities Agent State Law) registrations as a representative of StillPoint Capital. .
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.
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 CPAs, attorneys, investment bankers, investors, business sellers, and others. This international organization currently has more than 350 members and about 100 hold the MA&MI.
Certified Business Intermediary – CBI
Awarded by the IBBA. 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.
500 advisors in the United States and only 10 in Pennsylvania have earned this designation.
The IBBA is the largest international non-profit association operating exclusively for people and firms engaged in private business sales and mergers and acquisitions. This association provides education, conferences, professional designations, and networking opportunities. More on the CBI.