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August 24, 2010
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Wisconsin Annuity News

 

 Last Atlantis Capital Management Appoints Former Head of Midwest Discount Brokers


  In addition to his role overseeing the firm’s regulatory operations, Mr. DeWeese is directing development of Last Atlantis’ proprietary fund management software and account management systems.

During his ten-year tenure at Midwest Discount Brokers, Mr. DeWeese held numerous positions including serving as a member of the Board of Directors. As the firm’s president from 1997 to 2002, he was directly responsible for day-to-day financial, sales and regulatory operations.

Prior to then, he served MDBI in multiple positions including National Sales Manager where he was accountable for new business development, new ventures and alliances, and overseeing a sales force of over 120 registered representatives. As the firm’s CFO, he provided risk and financial analysis for the firm’s portfolio, and conducted and oversaw the company’s internal and external audit program.

“Gary’s tremendous experience in building and managing a diverse and wide-ranging financial services company will be of significant benefit as we continuously seek to control costs and provide our clients financial flexibility,” notes Irwin Berger, Last Atlantis’ Managing Director. “His in-depth understanding of operational and regulatory issues combined with his experience in managing a widely dispersed sales operation, will help Last Atlantis develop the tools and systems we need to provide exceptional service and value to our clients.”

Prior to joining Last Atlantis, Mr. DeWeese operated an independent securities industry consultancy providing executives of boutique broker/dealers regulatory and operational guidance.

Mr. DeWeese has twice been appointed by the Missouri Secretary of State to serve on that state’s Securities Commission Advisory Panel.

About Last Atlantis Capital Management, LLC
Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis “Turtles”, and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.
 
  

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Did You Know?    
 
 
Variable annuities are not suitable for meeting short-term goals
Remember: Variable annuities are designed to be long-term investments, to meet retirement and other long-range goals. Variable annuities are not suitable for meeting short-term goals because substantial taxes and insurance company charges may apply if you withdraw your money early. Variable annuities also involve investment risks, just as mutual funds do.

 


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Latest news about Annuity cases in Wisconsin and nationwide:

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Last Atlantis Capital Management Appoints Former Head of Midwest Discount Brokers
  In addition to his role overseeing the firm’s regulatory operations, Mr. DeWeese is directing development of Last Atlantis’ proprietary...
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Annuity Lawyers.com Terms

 


Today's Terms

Defined Benefit Pension Plan

Definition:
A pension plan that promises participants a specified monthly benefit at retirement.

Accidental Dismemberment

Definition:
Bodily injuries sustained solely through violent, external and accidental means, and as a direct result of the bodily injuries, independently of all other causes, and within 90 days afterwards, you lose your limb or eyesight.

OFEGLI

Definition:
The Office of Federal Employees' Group Life Insurance, which makes payments to beneficiaries under the policy. OFEGLI is not a Federal agency. It is staffed by employees of the contracted life insurance carrier.

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Annuity Law Hot Topics

 
Topics Related to Annuity:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

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Wisconsin Annuity-Law Attorney

 
If you live in the following cities and need an Annuity-Law attorney you should contact our Annuity-Law Attorney as soon as possible:

  • Appleton
  • Beloit
  • Burlington
  • Chippewa Falls
  • De Pere
  • Eau Claire
  • Fond Du Lac
  • Franklin
  • Green Bay
  • Janesville
  • Kenosha
  • La Crosse
  • Madison
  • Manitowoc
  • Marshfield
  • Menomonee Falls
  • Milwaukee
  • Neenah
  • New Berlin
  • Oak Creek
  • Oconomowoc
  • Oshkosh
  • Racine
  • Sheboygan
  • Stevens Point
  • Sun Prairie
  • Superior
  • Waukesha
  • Wausau
  • West Bend
  • Wisconsin Rapids


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