Chief Executive Officer
Ken Foley is the Chief Executive Officer at Spearhead Administrative Services.
Prior to SAS, Mr. Foley oversaw the build out of the administration program at Spearhead Capital Advisors (our predecessor company). As head of the program, he personally managed each relationship with our insurance carriers and sub-advisor partners. Mr. Foley was also responsible for managing the marketing/sales program across the entire firm.
Mr. Foley brings 20+ years of financial services and insurance industry experience. Prior to joining Spearhead, Mr. Foley served as the Senior Vice President of Agency Distribution at Lombard International. Mr. Foley oversaw all agent distribution in the U.S., and personally managed the Alpha Alliance, which is the exclusive membership program at Lombard reserved for professionals and firms with a proven tradition of service to the high-net-worth client community.
A frequent speaker, Mr. Foley has presented on the topics of Private Placement Insurance (PPLI) and Private Placement Variable Annuities (PPVA) at many industry venues, including the AALU Annual Meeting, The Forum 400, the PPLI/PPVA Forum, the Fall Private Placement Conference presented by SALI Fund Services, as well as many broker-sponsored and private family office events across the country.
Prior to Lombard International, Mr. Foley served as a Senior Associate for the Vanguard Group. Mr. Foley attended Penn State University and holds Series 6, 26, 63 and 65 registrations.
Chief Operating Officer
Patrick Walsh, CFA
Patrick Walsh is the Chief Operating Officer at Spearhead Administrative Services.
Prior to SAS, Mr. Walsh oversaw the third-party manager research program at Spearhead Capital Advisors (our predecessor company). While in that role, he focused his time performing extensive due diligence on alternative investment managers and helping to build client portfolios. Leveraging that experience, Mr. Walsh expanded the Spearhead administration onboarding process and has managed that program for the past two years.
Mr. Walsh has 10+ years of financial services and insurance industry experience. Prior to Spearhead Capital Advisors, Mr. Walsh served as the Senior Case Designer for Pinnacle Financial Group, a life insurance broker and consultant servicing ultra-high net worth clients. While at Pinnacle, he was responsible for assembling financial presentations for clients and their advisors, demonstrating the usefulness of life insurance. It was here, where he obtained a unique skillset pertaining to the implementation of Private Placement Life Insurance (PPLI) within clients’ estate planning strategies.
Earlier in his career, Mr. Walsh spent 5 years within the Alternative Investment Solutions division of State Street Global Services. There, he performed back office fund administration services and was responsible for ensuring KYC practices were followed in accordance with Federal Reserve requirements for his hedge fund clients. In addition, Mr. Walsh was part of a leadership group that saw the conversion of a multi-billion dollar investment manager to State Street’s platform. He gained experience working on FOF, Private Equity, Global Macro, and high-frequency trading Long/Short investment strategies.
Mr. Walsh earned a Bachelor of Arts in Economics from Providence College and is a Chartered Financial Analyst ® (CFA). He is also a member of the Boston Estate Planning Council (BEPC).
Chief Compliance Officer
Alyson Kest is the Chief Compliance Officer at Spearhead Administrative Services.
Prior to SAS, Ms. Kest was the Chief Compliance Officer and Deputy General Counsel at Spearhead Capital Advisors (our predecessor company) and its affiliate broker dealer, Spearhead Capital. During her time there, she was responsible for implementing and enforcing the compliance program for both entities. While in that role, she successfully implemented several enhancement to the firm's compliance program.
Ms. Kest has 15+ years of legal and compliance experience within the financial services industry. Most recently, she was the Chief Compliance Officer and Counsel for WBI Investments, Inc. and its affiliates Millington Securities, Inc. and Hartshorne Group, Inc. In this role, Ms. Kest was responsible for the investment advisory and broker dealer compliance programs across the entities.
Prior to WBI, Ms. Kest acted as compliance counsel for the investment team at Catlin, Inc. where she focused on investment rules and regulations for the global specialty insurance/reinsurance company. Before joining Catlin, Ms. Kest was designated compliance coverage for the credit sales and trading group at Macquarie after initially joining the firm’s central compliance group to help oversee the compliance program of the US broker dealer.
Prior to Macquarie, Ms. Kest held a variety of compliance and risk roles within Morgan Stanley’s institutional sales and trading division, within both core compliance teams and in the fixed income, prime brokerage and securities lending divisions.
Ms. Kest began her legal and compliance career as Associate General Counsel at Royal Alliance, where she focused on litigation.
Ms. Kest holds a JD from Seton Hall Law School and a BA in Communications from Marist College. Ms. Kest holds Series 7, 24, 66 and 99 registrations and is licensed to practice law in the State of New Jersey.
Chief Marketing Officer
Dave Reynolds, CFP®, CLU®
Dave Reynolds is Chief Marketing Officer at Spearhead Administrative Services.
Prior to SAS, Mr. Reynolds served as Director of Business Development at Spearhead, where he originated and serviced new client relationships across the firm’s wealth management, administrative services, and asset management divisions.
Mr. Reynolds has 15+ years of financial services experience spanning from capital raising, new IDF and SMA formation and structuring, as well as the implementation and structuring of PPLI and PPVA solutions for ultra-high net worth and family office clients. In addition, he has co-authored several articles, and developed and presented Continuing Education programs related to PPLI/PPVA structuring and related investment solutions to various Financial Planning Association (FPA), Chartered Financial Analyst (CFA), and estate planning council chapters across the US.
Mr. Reynolds graduated from the University of Wisconsin-Madison. He is a CERTIFIED FINANCIAL PLANNER ™ and Chartered Life Underwriter®, and holds Series 3, 7, 34, 63, and 65 registrations. In addition, he is a member of the Palm Beach Estate Planning Council (PBEPC), Founder of the Palm Beach Badgers Alumni Club, a graduate of Leadership Palm Beach County, and a cast member at Just the Funny Theater in Miami.