About

About 2017-08-07T17:55:03+00:00

Maximizing Financial Success. Mitigating Operational Risk

NES Financial is a Silicon Valley financial technology (FinTech) company providing technology-enabled solutions and services for the efficient back and middle office administration of complex financial transactions. Serving private equity, commercial real estate, and Fortune 1000 clientele, we offer industry-leading fund administration, loan servicing, specialized EB-5 administration, and 1031 tax deferred exchange services.

Loading...

Management

The management team at NES Financial is made up of seasoned technology and financial professionals with a proven track record of success.

Michael Halloran

Chairman, Chief Executive Officer

Michael Halloran

Chairman, Chief Executive Officer

Founder of NES Financial, Michael drives the vision of the company and established the core value of continually raising the bar for best practices and transparency in fund administration. He is passionate about better financial administration solutions delivered through improved utilization of technology, greater administrative efficiency, and best in class sector expertise. Michael brings years of experience, including enterprise class real-time technology solutions for financial risk management, compliance, sales, and marketing. He has previously worked extensively with major corporations such as Intel, Microsoft, Charles Schwab, and Nikon.

Tom Steipp

President & Chief Operating Officer

Tom Steipp

President & Chief Operating Officer

Having served on the Board of Directors of NES Financial since 2008, Tom Steipp is a seasoned senior executive with a track record of leading and transforming global technology companies. Tom was instrumental in the development and launch of new technologies as the CEO of Symmetricom and Liquidmetal Technologies. Prior to those positions, he was the Vice President and General Manager of Broadband Data Networks at Scientific-Atlanta and held various Marketing and GM positions at Hewlett-Packard. Tom graduated from the United States Air Force Academy with a B.S. in Electrical Engineering before earning his M.B.A. from Purdue University. He also holds a Masters Professional Director Certification from the American College of Corporate Directors (ACCD). He is a results-oriented leader with a history of successfully building teams, and optimizing operations to maximize earnings and build shareholder value.

Dan Yoder

Executive Vice President, General Manager – PE

Dan Yoder

Executive Vice President, General Manager – PE

Dan brings over 30 years of broad operating experience to NES Financial, working with public and private companies including IBM, HP, Nokia, Ericsson, and Samsung. Dan’s tech sector experience provides technological and operating leadership to the organization in the areas of mission-critical infrastructure, corporate operations, compliance management, and financial oversight. His background in operations and technology consulting with Fortune 500 companies helps to inform NES Financial’s approach to addressing complex financial workflow automation, reporting, and improved compliance capabilities for the company’s clientele.

Reid Thomas

EVP, General Manager – EB-5

Reid Thomas

EVP, General Manager – EB-5

Responsible for global sales and marketing at NES Financial, Reid brings over 20 years of sales and marketing leadership in both public and private companies in high-growth Silicon Valley technology companies. His past experience includes leading sales with Voice Over IP pioneer Sylantro Systems, driving revenue and market share growth to a successful IPO with VINA Technologies, and running sales operations at Octel Communications, which was acquired by Lucent Technologies. Prior to his current position, Reid served as SVP of Global Sales at Laszlo Systems, a global leader and pioneer in Rich Internet Applications. During his time with NES Financial, Reid has been instrumental in the rapid growth of the company’s EB-5 business, making NES Financial the leader in EB-5 by providing innovative solutions specifically built for the industry. His active participation in the EB-5 community has made him a frequent and sought after speaker at events and conferences across the country, as well as a frequent contributor to various EB-5 books, articles, and other publications.

Izak Joubert

Chief Technology Officer

Izak Joubert

Chief Technology Officer

Izak has over 25 years of experience in designing and deploying enterprise software solutions. He has extensive experience in large commercial software solutions in the ERP, CRM, B2B, and EAI sectors. Prior to joining NES Financial, he was VP Engineering and Chief Architect for H Corporation where he was responsible for the overall architecture, technical design, and product strategy for all their products. Izak is well versed in several technologies including Microsoft .NET, relational database technologies including HTML, DHTML, XML, and Javascript as well as Web-services working with the latest published W3C standards. He has worked with several large organizations, including Stanford University Graduate School of Business, Cisco Systems, Intel, AMD, Flextronics, HP, and KLA Tencor.

Kelly Alton

Executive Vice President, General Counsel

Kelly Alton

Executive Vice President, General Counsel

Kelly is responsible for the management of the NES Financial legal department and has oversight of all legal matters on a day-to-day basis. She creates and implements the legal structures for NES Financial’s array of fund administration, trust, escrow, and 1031 exchange solutions. Kelly is a leading attorney with over 30 years of experience in federal income taxation and banking and fiduciary law. She brings unique capabilities to NES Financial, combining experience as a manager in the Office of Chief Counsel at the Internal Revenue Service National Office in Washington, D.C. with major law firm and Big Four accounting firm experience. Kelly also helped develop significant 1031 exchange guidance during her tenure with the IRS. She is a nationally recognized expert on all types of 1031 exchanges, including reverses, and writes and speaks frequently on these subjects. Kelly holds a J.D. degree from Harvard University and is admitted to the bars of California and Illinois.

Kristen West

Senior Vice President, Finance

Kristen West

Senior Vice President, Finance

Responsible for financial reporting and analysis of NES Financial and all its related entities, Kristen has over 19 years of experience in the financial services industry with companies such as JPMorgan Chase, AEW Capital Management, LP, and Price Waterhouse. A Certified Public Accountant, Kristen oversees accounting and works closely with the sales, Client Service, and legal departments on operations and client transactions. Her background features accounting roles within the trust operation of JPMorgan Chase and 6 years with the JPMorgan Chase 1031 qualified intermediary operation, JPEX. Kristen holds a BA in Economics/Accounting from the College of the Holy Cross and a Graduate Certificate in Tax from Bentley College.

Christian Lyndes

Senior Vice President, Sales

Christian Lyndes

Senior Vice President, Sales

As a sales leader, Christian has over 15 years of experience driving revenue, building world-class organizations, and establishing winning cultures. As the Senior Vice-President of Sales, he works closely with NES Financial’s clients and is responsible for revenue development and retention. Prior to NES Financial, Christian held various sales, strategic partnering, and account management leadership roles at Salesforce.com, where he led the Partner Sales Program for the Banking Sector. Christian spent time working as a sales leader at Marcus & Millichap Commercial Real Estate and was a Business Analyst at The Merchant Bank, Richmont. Christian also worked in various sales roles at Gartner and Thomson Reuters. He holds a BA from the University of New Hampshire.

Dawn Shuster

Senior Vice President, Client Services

Dawn Shuster

Senior Vice President, Client Services

With over 24 years of financial transaction administration experience, Dawn leads NES Financial’s fund administration and Client Services operations. Dawn’s background managing Client Service and cash processing / treasury teams for a line of business of JPMorgan Chase and subsequently with NES Financial, gives the company unique capabilities in high volume fund administration transaction processing. Responsible for over $85 billion of annual transaction volume, Dawn helps define internal fund administration and Client Service process automation. She is also responsible for managing ongoing Business Continuity planning and annual external SSAE 16 audits of the NES Financial operation.

Adam Kaufman

Senior Vice President, Marketing

Adam Kaufman

Senior Vice President, Marketing

With over 30 years of branding, marketing and communication experience, Adam leads the marketing efforts of NES Financial. From developing the first TV campaign for Microsoft to creating next-generation customer experiences with PwC’s new Experience Center, Adam has brought both marketing acumen and creative vision to a wide variety of B2C and B2B clients. Prior experience includes senior level positions at Ogilvy & Mather and McCann Erickson, and working with major brands such as Microsoft, Charles Schwab, Marriott Hotels, and Disney.

Scott Ramsey

Senior Vice President, Product

Scott Ramsey

Senior Vice President, Product

Having over 16 years of experience working in technology and marketing, Scott leads product marketing at NES Financial. Specifically, he is tasked with identifying customer and market needs and defining how NES Financial’s technology and services teams can best fulfill those requirements. Scott has spent a tremendous amount of time working directly with financial institutions and large corporate customers with complex financial process and administration requirements. Over his six years with NES Financial, he has developed in-depth expertise in business process automation, technology integration, and fund administration.

Michael Richards

Senior Vice President, Fund Accounting

Michael Richards

Senior Vice President, Fund Accounting

Michael Richards has brought an impressive investment skillset to NES Financial after nearly 18 years at State Street, where he built his reputation in hedge fund and private equity fund administration within their Alternative Investment Solutions division. There, Michael was responsible for a large global team servicing top institutional fund sponsors and LP customers with a broad spectrum of alternative investment product types. His background in alternative fund administration and financial reporting with leading private equity fund sponsors has enhanced NES Financial’s approach to complex accounting transactions, automation, financial and investor reporting, and is bolstering their rapidly expanding presence in the private equity fund administration space.

Laura Kelly

Vice President, Marketing

Laura Kelly

Vice President, Marketing

With 20 years of strategic marketing experience in the financial and high-tech industry, Laura leads the marketing strategy and execution for NES Financial’s marketing. Prior to joining NES Financial, Laura spent eight years at VISA where she led marketing consulting to their top 25 financial institution clients to launch, promote, and drive sales of all VISA products. Laura has held senior marketing positions at both financial and high-tech companies, including Business Objects, Charles Schwab, Bank of America, and Pickett Communications. Laura holds a bachelor’s degree from Saint Cloud State University and has an MBA from the University of Saint Thomas.

Will Lopez

Vice President, Engagement Management

Will Lopez

Vice President, Engagement Management

Will brings more than 15 years of private capital fund operations experience to the team at NES Financial, where he provides clients with insights and solutions to enhance business processes and streamline workflows. He brings a broad range of skills and knowledge set surrounding new fund launches, process design, system implementation, and integration. Most recently, he was Vice President of new business development at eFront Financial Solutions, a provider of fund administration and investor-relations technology solutions to the private capital space covering accounting, financial management, investor relations, and portfolio analytics.

Lou van Dyk

Vice President, Information Technology

Lou van Dyk

Vice President, Information Technology

Responsible for all facets of information technology utilization at NES Financial, Lou drives IT strategy, Business Continuity, information systems, infrastructure, security, telecommunications, applications, and support. With over 20 years of IT experience, Lou’s background includes infrastructure architecture and design, ERP systems, database clustering, software design and development, virtualization technologies, project management, disaster recovery, and Business Continuity. Lou has worked effectively in both large and small company environments with companies such as Intel, Flextronics, Solectron, Extreme Networks, Palm, GE, and Bio-Rad.

Jill Jones

Assistant General Counsel

Jill Jones

Assistant General Counsel

Having been directly involved in over 350 EB-5 projects and as a member of the IIUSA Board of Directors, Jill brings to NES Financial extensive experience working with Regional Centers, developers, and securities law professionals. Jill is uniquely skilled at efficiently structuring subscription escrows for EB-5 development projects and is highly regarded throughout the EB-5 market sector. A licensed attorney in the state of Texas, Jill’s background includes over 10 years of title, escrow, and 1031 exchange experience.

Board of Directors

The board at NES Financial is made up of executives with leadership backgrounds with leading public and private companies in technology, finance, and commercial real estate.

Founder of NES Financial, Michael drives the vision of the company and established the core value of continually raising the bar for best practices and transparency in fund administration. He is passionate about better financial administration solutions delivered through improved utilization of technology, greater administrative efficiency, and best in class sector expertise. Michael brings years of experience, including enterprise class real-time technology solutions for financial risk management, compliance, sales, and marketing. He has previously worked extensively with major corporations such as Intel, Microsoft, Charles Schwab, and Nikon.
Dan brings over 30 years of broad operating experience to NES Financial, working with public and private companies including IBM, HP, Nokia, Ericsson, and Samsung. Dan’s tech sector experience provides technological and operating leadership to the organization in the areas of mission-critical infrastructure, corporate operations, compliance management, and financial oversight. His background in operations and technology consulting with Fortune 500 companies helps to inform NES Financial’s approach to addressing complex financial workflow automation, reporting, and improved compliance capabilities for the company’s clientele.
Barry serves as President of Fernald Investments, a private real estate investment company based in northern California. He is an architect and formerly one of the owners of Devcon Construction, Inc. and Senior Partner of Martin-Devcon, a real estate development arm of Devcon, where he led Devcon’s design and development activities for office, commercial, residential, and industrial real estate in Silicon Valley. Barry was a founding investor in several Silicon Valley banks and a board member of Franklin Select Realty Trust (part of the Franklin Templeton Group). Barry also served for seven years as Chairman of the Board of the San Jose Jet Center, Inc., a private aviation facility located at the Norman Y. Mineta San Jose International Airport. He currently serves on the Board of Directors of J. Lohr Winery and is partner in J. Lohr Vineyards.
Rick brings more than 25 years of senior executive experience to the NES Financial board. He has served as an executive in technology sales, sales management, and general management for companies including First Data Corp, IBM, Electronic Arts, and Hitachi Data Systems. As a general manager, Rick managed a large multi-million dollar data center operation providing computer services to financial institutions in the western United States.
Tom is a senior executive with a 30-year track record of leading and transforming global technology companies. Currently President & CEO of Liquidmetal Technologies (OTC BB:LQMT), he is a proven, results-oriented leader with a history of maximizing earnings and building shareholder value. As President and Chief Executive Officer of Symmetricom, Inc. (Nasdaq: SYMM) from 1998 through 2009, Tom led this 1100-employee public corporation through a strategic transformation from a technology holding company model into an advanced telecommunications hardware centered business. Prior to Symmetricom, he was the Vice President and General Manager of Broadband Data Networks at Scientific-Atlanta, Inc., a leading manufacturer of cable television, communications, and broadband equipment.
Mike brings to NES Financial more than 30 years of experience in driving private and public high-tech companies to become among the leaders in their markets. Currently, he serves on boards for Dialogic (NASDAQ: DLGC) deCarta and Right Hemisphere, which was acquired by SAP in September 2011. Previously he served as chairman for Extreme Networks (NASDAQ: EXTR) and held executive positions with telecommunication companies such as VINA Technologies, Octel Communications, and Rolm Corporation.

Advisory Board

Bill Salus is the Founder and CEO of Paddock Consultancy. Bill has over 30 years of experience in sales, management, and consulting in the global investment and financial services industry and was named in Global Custodian Magazine’s Securities Services Hall of Fame. Most recently he led Apex Fund Services, a leading fund services company, as Global Chief Executive Officer. Mr. Salus has held senior positions at BNY Mellon, PNC Global Investment Servicing, KeyCorp, and Bank of America. He also serves on the Finance Committee for the Ronald McDonald House of Wilmington, DE and is a member of the 2017 Committee of Hearts, Hedge Fund Cares.

Jeffrey Deitrich is the Chief Operating Officer and Principal at Terra Bridge Innovations in Technology.  A seasoned executive in real estate technology, design, construction, and development, Jeffrey has managed and started new businesses and projects across the globe, in addition to managing a $2 billion private equity fund at Prudential Investment. Moreover, as Vice President of Silverstein Properties, Inc., Jeffrey led capital development for the World Trade Center properties and implemented NES Financial Private Equity Solution for a number of the firm’s funds.