Paul Stache has over twenty-five (25) years of compliance, financial reporting, and operations experience in the asset management, brokerage, commodities, and mutual fund industries, in executive and leadership roles for firms with multiple regulatory registrations. This includes over twenty (20) years as the Chief Compliance Officer (CCO) of firms registered with the SEC, FINRA, and NFA.
Most recently, as the Vice President at State Street Bank, he led the integration of all policies, supervisory procedures, and processes specifically in the areas of anti-money laundering (AML), broker-dealer (BD), employee compliance, and privacy for State Street Global Advisers prior to and subsequent its acquisition of GE Asset Management (GEAM) in 2016. He also managed the on-boarding of all GEAM’s institutional clients on to State Street’s AML platform to ensure conformity with their AML, CIP, and KYC policies and procedures. Prior to the acquisition, Mr. Stache was the Senior Compliance Officer and CCO of the broker-dealer at GEAM for ten (10) years. During this period his responsibilities also included oversight for compliance activities in areas such as AML, employee compliance, privacy, commodities, and futures activities across the organization’s multiple registered entities. In other roles prior to GEAM, Mr. Stache served as both CCO and Chief Operating Officer (COO) at OBEX Securities (BD) and OBEX Investments (IA); SVP and director of asset management and brokerage operations at Prime Financial Services (BD) and Asset and Financial Management Planning (IA) where he was responsible for five (5) departments and a staff of forty-four (44). Mr. Stache also was the President and CCO of Ashland Global Securities, a BD he started catering to asset management and corporate/public retirement plans providing primarily execution (equity/fixed income), soft dollar, and research related services.
Mr. Stache holds an MBA in financial management and investments from Adelphi University and a BBA in finance and economics from Iona College. He also holds Series 3, 4, 7, 24, 27, 32, 52, 53, 73, 79, and 99 FINRA/NFA licenses.