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Four Leave BPA To Start New Firm.(Boston Portfolio Advisors defectors form Weston Portfolio Group)(Brief Article)
Washington -- Four top managers have left Boston Portfolio Advisors, Fort Lauderdale, Fla., to start their own consulting firm and will compete against their former employer.
Those departing BPA in January to form Weston Portfolio Group include SVP Eugene Wetzold and senior directors John VanCora, Dennis O'Brien and Neil Loutan.
Scott Calahan, president and founder of BPA, said the firm will remain in the servicing evaluation business and will continue to build it. "We're in it for the long term," he said.
Mr. VanCora said Weston will focus on asset/collateral management, portfolio sales, servicing review/surveillance work and post-loan closing evaluations.
Mr. VanCora, who will serve as SVP of business development, said Weston's focus will be on the nonconforming niche. "For firms securitizing for the first time, we'll assist them with capital structure, execution and selling residuals," he said.
He added that quality control and fraud reviews will be another key part of ...
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...their own consulting firm and will compete against their former employer. Those departing BPA in January to form Weston Portfolio Group include SVP Eugene Wetzold and senior directors John VanCora, Dennis O'Brien and Neil Loutan. Scott Calahan...
Source: HighBeam Research, Four Leave BPA To Start New Firm.(Boston Portfolio Advisors defectors...