SEATTLE, June 13, 2019 /PRNewswire-PRWeb/ -- ACT Securities, LLC is pleased to announce it has been granted registration as a Registered Investment Adviser (RIA). The company, based in Mercer Island, WA, will serve as a solicitor for registered 3rd party investment advisors and investment banks. In this capacity ACT will bring together the clients of investment advisors and investment banking firms to maximize the proceeds to business owners at the sale of their businesses as well as tailor the post-sale investment returns earned on those proceeds.
Robert L. Hild and Stephen Q Spencer, CFA are the Managing Directors of ACT Securities, LLC. Mr. Hild expressed his enthusiasm upon ACT Securities becoming a Registered Investment Advisor: "We are delighted to bring this value added service to the middle market investment markets. Owners of businesses, as well as their investment advisors, will see enormous value from the services we offer and the relationships we create."
Mr. Hild is also the Chairman and Managing Director at ACT Capital Advisors, LLC where he brings over 20 years' experience in the private equity sector. Prior to joining ACT, Mr. Hild co-founded Invest West Capital, LLC a West Coast oriented private equity firm focused on mid-market acquisitions. During his tenure with IWC, he served as CEO of five portfolio companies and conducted over 20 mergers, acquisitions, and sales, representing in aggregate more than $200MM in transaction value. His senior management leadership experience includes light manufacturing, food processing, retail store fixture and durable medical products manufacturing, industrial recycling, critical power, and legal support services. Currently he serves on the board of directors of Critical Power Exchange and Columbia Medical Products. Previously, Bob was a senior manager of Corporate Finance for Ernst and Young, providing advisory services to both buyers and sellers of mid-market companies. Mr. Hild is a graduate of Brigham Young University's School of Accountancy and an MBA from the Marriott School of Business at Brigham Young University.
Stephen Q Spencer, CFA, is also a Managing Director of ACT Capital Advisors, and brings 35 years of experience analyzing business models and valuing businesses for investment purposes. Prior to joining ACT Capital Advisors, Mr. Spencer was Head of Equities, Director of Research, and Senior Portfolio Manager at a large family of mutual funds. There he oversaw all investment operations for $12 billion of investment assets as well as personally researching and analyzing companies and making the investment decisions for mutual fund assets totaling more than $7 billion. Prior to working in the mutual fund industry Mr. Spencer was a principal in a private investment management company which managed ERISA, Taft-Hartley, Institutional and high net worth portfolios. Mr. Spencer holds a B.S. in Business Management/Finance from Brigham Young University and earned an MBA from the Marriott School of Management at Brigham Young University. He also holds the Chartered Financial Analyst designation from the CFA Institute.
SOURCE ACT Securities, LLC
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