Announcements and Press Releases
Pacific American Securities adds to Marketing Team
September 22, 2009
San Diego - Pacific American Securities, LLC (PAS), an institutional brokerage firm based in San Diego, announced today that VaRene Martin has joined the firm as a Senior Vice President of Marketing. VaRene brings an abundance of experience and knowledge to PAS.
VaRene has over 20 years of experience in the investment industry. At PAS, she will combine her passion for marketing with her effectiveness working for institutional clients primarily from Native American tribes. Her expertise assisting investors with many levels of sophistication as well as her intimate understanding of their culture and governance makes her a wonderful addition to the PAS marketing team.
Prior to coming to PAS, she served as Principal Relationship Manager for Sycuan Capital Management, a division of Sycuan Tribal Development Corporation; Sycuan Band of the Kumeyaay Nation in El Cajon, CA. Ms. Martin's experience included institutional sales where her focus was on public funds and Native American marketing efforts. She was instrumental in developing a number of specialized marketing strategies while serving as Operations Manager. Her extensive experience also includes managerial/operation positions at Pacific American Securities, First American Capital Management, North American Trust Company, and various banking institutions in San Diego.
She is the First Vice President of the Native American Finance Officers Association (NAFOA), is an enrolled member of Thlopthlocco Tribal Town of the Muscogee (Creek) Nation of Oklahoma, an active member of the San Diego American Indian Chamber of Commerce and a member of the National Congress of American Indians.
Ms. Martin attended Oklahoma State University and holds California Life Insurance, NASD Series 6, Series 7 and Series 63 licenses.
Pacific American Securities President/CEO Elected to The Cancer Institute of NJ Foundation's Board of Trustees
January 29, 2007
SAN DIEGO - Pacific American Securities, LLC (PAS), a San Diego based institutional broker dealer, announced today that Michelle Morton, President/CEO, has been elected to The Cancer Institute of New Jersey Foundation's Board of Trustees.
The Cancer Institute of New Jersey (CINJ) was established in 1991 with a mission to put an end to the devastating effects of cancer. The efforts of the CINJ have led to their inclusion as one of only 39 National Cancer Institutes (NCI) designated Comprehensive Cancer Centers in the nation and the only one in New Jersey.
As a Trustee on the Foundation's Board, Ms. Morton will be directly involved with advancing CINJ's continuing success in winning the battle against cancer.
For additional information, please contact: Karen Stewart, Executive Assistant to the President at 858-320-2854.
Pacific American Securities Announces the Opening of New Offices
January 18, 2005
SAN DIEGO - Pacific American Securities, LLC (PAS), a San Diego based institutional broker dealer, announced today the opening of a new office in Columbus, Ohio, and the hiring of three new associates.
Michelle A. Morton, president and chief executive officer of Pacific American, named McCullough Williams III and Eric Carmichael senior vice presidents and Lynette Justice vice president of the new office. According to Schoeffel, "the addition of these talented and seasoned professionals, as well as the opening of our new office in Chicago, will enable Pacific American to expand our services in the Midwest and beyond. Our goal has been to open additional offices to complement our presence in California and New York."
Founded in 1997 to provide comprehensive trade execution and investment services to institutional investors such as money mangers and pension plans, PAS is a certified, minority and woman owned business enterprise. PAS offers a wide variety of products and services including domestic and international equity trading, fixed income trading, municipal bond underwriting and proprietary research. Information about the company can be found on the internet at www.pacamsecurities.com.
Pacific American Services Group Acquires Los Angeles-Based Accounting Firm
December 22, 1999
SAN DIEGO - Pacific American Services Group (PASG), a San-Diego-based holding company, recently announced the acquisition of the assets of Lichter & Associates, a full-service accounting firm based in Los Angeles. Under the terms of the acquisition, the accounting firm's name will become Pacific American Advisors, LLC, and the firm will move its headquarters to San Diego in the first quarter of 2000, while maintaining its offices in Los Angeles. Financial terms were not disclosed.
PASG is a certified minority business enterprise (MBE) and woman business enterprise (WBE). Michelle Morton retains majority ownership of the company, with First American Capital Management, the wholly owned investment subsidiary of The First American Corporation (NYSE: FAF), holding a 42 percent ownership interest. PASG's other subsidiary is Pacific American Securities, a broker-dealer with offices in San Diego, Coto de Caza, and Oceanside, California; Cleveland, Ohio; and New York City.
"The addition of Lichter & Associates will greatly benefit Pacific American Services Group's portfolio of companies," said Morton. "We were attracted to Lichter & Associates' commitment to excellence, which is of vital importance in the financial services industry. We are proud to establish a working partnership with these seasoned professionals." Lichter & Associates, a full-service accounting firm, was established in 1991. The firm's expertise includes income tax planning and preparation, personal and business management, and computer systems analysis and consultation. Pacific American Services Group and its subsidiaries are based in San Diego, California. For more information, call (858) 320-2850.
Pacific American Services Group Acquires Assets of SK International Securities
August 3, 1999
SAN DIEGO - Pacific American Services Group (PASG), a San-Diego-based holding company, announced today that it has purchased the assets of SK International Securities Corporation, a La Jolla, California-based institutional broker-dealer firm.
Pacific American Securities Announces the Opening of New Offices
Pacific American Services Group Acquires Los Angeles-Based Accounting Firm
Pacific American Services Group Acquires Assets of SK International Securities