MG Stover Hires New Director of Business Development

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MG Stover announces the hiring of Gary Newlin as the new Director of Business Development.

We are extremely excited to have Gary on board with the MG Stover team. His prior success and diverse experience across different sectors of the finance industry will bode well for his role as our new Director of Business Development.

The Director of Operations of MG Stover & Co., Josiah Reich, announced today the hiring of Gary Newlin as the new Director of Business Development, effective immediately.

Mr. Newlin brings 14 years of finance and investment sales experience with him to the firm and has a diverse background within the industry. He began his finance career with Merrill Lynch & Co. in the Denver office. Newlin was promoted to Senior Financial Advisor after some early success that included sourcing a public company relationship that netted assets in excess of $100 million. He continued his success at Merrill Lynch with a promotion to the prestigious high-net-worth office in Cherry Creek. The group handled sophisticated asset and risk management, estate planning, insurance, business solutions and credit & lending programs for their 200+ client relationships. Gary managed a client base consisting of affluent families, corporations, foundations and non-profit organizations.

In 2005, Gary was hired as Director of Business Development for a subsidiary of Nelnet Inc., a provider of alternative investment options for issuers of asset-backed securities. In less than 3 years, Gary was instrumental in nearly tripling revenue and more than doubling investment dollars placed for the company. Most recently, Gary was a Producer for Van Gilder Insurance and developed new opportunities to provide Van Gilder’s corporate risk management services. He focused the majority of his time on placing Executive Liability coverage for finance and investment companies.

“We are extremely excited to have Gary on board with the MG Stover team. His prior success and diverse experience across different sectors of the finance industry will bode well for his role as our new Director of Business Development.” said Matt Stover, Managing Director of MG Stover & Co. “Gary came highly recommended to us and we’ve had him on our radar for several months. We’re glad it all came together and we’re very excited for the future.”

Mr. Newlin earned his Bachelor of Arts from the Foster School of Business at The University of Washington in Seattle. In 2011, Gary was named President of the Board for Mile High Leaps & Bounds. Mile High Leaps & Bounds is a non-profit organization that provides respite care for children and families in need throughout the Denver Metropolitan community.

About MG Stover & Co.
MG Stover & Co., founded in 2007, is a boutique accounting and administration firm that uses state-of-the-art web-based technology for portfolio and partnership accounting. The leadership team is comprised of Directors with “Big Four” accounting backgrounds focused on the financial service industry. MG Stover prides themselves on attention to detail and superior customer service. This is attributed to the fact that 80% of MG Stover’s client service professionals have a higher level credential such as a CPA and/or CFA designation.

The firm supports a wide range of structures and portfolios for hedge funds, fund of funds, private equity/venture capital funds and family offices. MG Stover has proven expertise in customizing third party accounting & administration and executing the agreed upon responsibilities with the highest level of integrity and service. More than ever, institutional investors are seeking out the security and protection that comes with the engagement of a third party administrator. Investment professionals recognize this demand from investors and rely on MG Stover for the accuracy, flexibility and hands on service they need to run their business efficiently. For more information about MG Stover & Co. or to reach a MG Stover & Co. associate, please visit: http://www.mgstover.com or call 303-410-4400.

Contact: Josiah Reich
Director of Operations
MG Stover & Co.
Tel: (303) 410-4455
Email: reich(at)mgstover(dot)com

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Josiah Reich

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