BEVERLY HILLS, Calif.--(BUSINESS WIRE)--NMS Capital Advisors, LLC (“NMS”) a leading global focused investment banking firm, announced today that it has appointed Mitchell S. Avnet as Chief Executive Officer.
Mr. Avnet is the Founder and Managing Partner of Compliance Risk Concepts (“CRC”), one of the industry’s preeminent compliance consulting firms for broker dealers, registered investment advisors and hedge funds.
Prior to launching CRC, Mr. Avnet was previously a member of the Corporate Leadership Group (“CLG”) at Lincoln Financial Group (“LFG”) where he served as Senior Vice President and Chief Ethics and Compliance Officer. In this position, he had direct oversight of the company’s anti-money laundering, privacy, ethics, and compliance risk management programs. Mr. Avnet was also responsible for Lincoln’s Compliance and Ethics Technology strategic initiatives and was a member of the Social Media Governance Committee. In this capacity, he directly influenced LFG’s overall strategy toward the implementation and usage of social media outlets across the LFG footprint.
Throughout the course of Avnet’s 25-year career in the financial services industry, he has worked for top-tier investment banks, commercial banks and hedge funds such as Wachovia Capital Markets, PNC Bank and D E Shaw, developing an extensive knowledge of investment banking, fundamental research, sales and trading - with a focus on equity and fixed Income markets, derivative Instruments, structured Products, alternative investments and variable products.
Mr. Avnet will assume the CEO duties and position from Trevor M. Saliba, with Mr. Saliba remaining Chairman. Mr. Saliba said, “It’s a pleasure to welcome Mitch to the NMS team as CEO to help me build NMS according to our strategic plan for expansion and growth. We have taken our time in selecting the right person to join as CEO. Mitch is a proven industry leader with an impeccable reputation and track record for performance.”
Mr. Avnet said, “Providing best-in-class support to emerging investment banks has been a key strategic driver of mine since launching CRC in 2013. Over the past several months, I have had the pleasure of working closely with Trevor and the rest of the NMS leadership team – and have been truly impressed by the leadership and the strategic drivers fueling NMS’ growth and success. The opportunity to join NMS and serve as its new CEO fits squarely within my core competencies and entrepreneurial spirit. I am incredibly excited to be a part of this talented team, helping to scale NMS’s industry presence and business initiatives accordingly.”
Mr. Avnet will be based in New York, but working bi-coastal also, working from the firm’s headquarters in Beverly Hills, California.
About NMS Capital Advisors, LLC
Founded in 2006, NMS Capital Advisors, LLC is a leading full service, global focused investment banking, securities and wealth management firm headquartered in Beverly Hills, California. We provide a full array of investment banking and advisory services including debt and equity capital raising for public and private companies, mergers and acquisitions, cross-border advisory, private equity and hedge fund advisory, valuations and fairness opinions, EB-5 capital advisory, securities brokerage and other strategic advisory services. Together with our affiliated registered investment advisory firm, NMS Capital Asset Management, Inc. we offer wealth management, alternative investments, insurance and asset management services. NMS Capital Advisors is registered broker-dealer with the Securities and Exchange Commission.
For more information, please visit www.nmsadvisors.com.