Larry is President of the Data Quality Institute, Inc.
He has been a Wall Street Information Technology Executive for over twenty years.
He has served as Vice President and Manager of Client Analytics for the world’s largest Financial Services Firm. He has also consulted to companies such as the Development Bank of Singapore, Chase Manhattan Bank (Chemical Bank), Merrill Lynch, and GMAC.
Larry has an MBA from Wharton where he was on the Director's Honor list, and a BS in Electrical Engineering from the University of Pennsylvania where he was a member of the Hexagon Honor Society.
Larry has worked with Financial Advisors helping them utilize systems to improve their efficiency. Prior to co-founding the Data Quality Institute, examples of the assignments which Larry has completed for both large and small organizations include:
- Designed compliance email archiving and data backup backup systems for small to medium size RIAs/BDs for over five years - complying with the regulations, reducing costs and helping them improve their business process.
- Incentive program for Financial Consultants for improving client satisfaction which resulted in substantial increases in production credits, net new money and accordingly a major increase in assets under management.
- Model to predict clients at risk of attrition. This system resulted in preventing losses of over $5B in assets annually.
- Data mined the comments from an ongoing survey of over 50,000 clients annually to act on specific issues (e.g. statement errors, problems with online banking, etc.).
- Streamlined the account opening process, retirement account distributions, and the sale and processing of restricted stock.
- Quantified the lift in profitability gained from marketing campaigns such as conducting portfolio reviews for clients and newsletter emails.
- Developed and conducted training classes for programming languages such as SAS and SQL. Adjunct professor of computer science at Penn State University.
Larry lives in Bucks County, Pennsylvania, just outside of Philadelphia. His wife is an attorney. His older daughter is an internet media marketing manager and his younger daughter is an IT manager-consultant. Larry is a member of the Philadelphia Epilepsy Foundation, the Regency Finance Committee, the Wharton Clubs of Bucks County and Philadelphia, and the Philadelphia SAS user group. He likes to spend time golfing, swimming, and fitness training.
Jeffrey Kelvin, J.D. LL.M., CLU, ChFC is president and Chief Operating Officer of Financial Planners Assistance Corporation, a south Florida based national compliance service support firm.
He is a co-founder of the Data Quality Institute.
Mr. Kelvin formed Financial Planners Assistance Corporation in 1982 after he realized that there was a need in the financial services community for support and assistance specifically geared toward the needs of investment adviser representatives of RIA firms and registered representatives of broker/dealers.
Mr. Kelvin has clients in all fifty states. He specialized his practice to the broker/dealer and the investment advisory compliance arena. Mr. Kelvin has served as an expert witness in over twenty cases since 1982.
Mr. Kelvin has written dozens of books and articles on regulatory compliance. The first, The financial Planner's Handbook to Regulation and successful Practice, Dearborn Publishing, has become a staple in the investment advisory and broker/dealer firm. Also among his publications are "The Registered Investment Adviser's Guide to Surviving an SEC Audit" and "The Registered Investment Adviser's Guide to the Insider Trading and Securities Fraud Enforcement Act of 1988". Formerly Kelvin has written in excess of eighty articles for professional journals and magazines. He currently writes a monthly column on registered investment adviser liability for the Journal of Financial Services Professionals and has had articles published in CCH's Practical Estate Planning.
Mr. Kelvin has been quoted several times in the Wall Street Journal, Money Magazine, Financial Planning Magazine and investment Adviser Magazine, as well as other publications.
Prior to forming his firm, Mr. Kelvin was a full time professor at The American College in Bryn Mawr, Pennsylvania and prior to that time, he was employed by The Penn mutual Life Insurance Company, Philadelphia, PA. He is an attorney, member of the Pennsylvania Bar as well as various national, state and local bar associations.
