The genesis of Capital Forensics, Inc. (CFI) dates back to the Capital Control Group, Ltd, founded in 1986, to provide retail brokerage and pension evaluation services to the financial industry. CFI was incorporated in 1993 to provide litigation consulting and expert testimony.
Today, CFI provides a comprehensive suite of products and services to include: data analytics, compliance and regulatory consulting, forensic accounting, litigation support and expert testimony. Our team of analysts and experts pride themselves on continually developing new and more efficient methodologies to achieve client goals.
As CFI's roster of clients has grown, so has its geographical footprint to include a presence in New York, Florida and California.
Capital Forensics, Inc.'s (CFI) team is a dynamic group of experienced professionals with broad industry experience and deep subject-matter expertise. When you work with CFI, our staff becomes part of your team, and is focused on delivering a successful outcome.
Vadim Khavinson became Chairman and CEO in 2016, and is focused on continuing CFI's successful track record in case and issue resolution for the securities industry and Fortune 500 related matters. Mr. Khavinson works closely with clients, providing litigation strategy and expert testimony for a wide range of industry issues. He also spearheads CFI's commitment to leveraging technology to uncover new and innovative approaches to analyze data and more effectively represent clients' interests. Mr. Khavinson started his career at CFI in 2002, first as a data and litigation analyst, and then supervising assigned cases. He is a quantitative expert and assists in determining damages. Mr. Khavinson has testified in FINRA disputes, HR related cases and worked on regulatory projects and investigations. He has an Executive MBA from The Kellogg School of Management, Northwestern University.
Jay Rosen founded CFI in 1993. Mr. Rosen provides expert analysis and testimony in securities and ERISA related matters. His expertise includes suitability, supervision, fiduciary duties in Trust Management, determination of churning, annuities and insurance, market manipulation, options, industry standards, broker conduct and damages. Mr. Rosen has more than 40 years of industry experience, including Financial Advisor, Branch Manager and Regional Manager roles. Prior to Capital Forensics, He was President and Founder of The Capital Control Group, Ltd., a pension and asset management consulting firm. He has testified in both damages and industry related issues more than 350 times in his career. Prior to this, Mr. Rosen was with Merrill Lynch, Oppenheimer, Drexel Burnham and CCG. He previously held the Series 3,4,7,8,12,24,63 and 66 securities industry licenses.
Bob Valker has extensive experience in management of regulatory and litigation matters, and is recognized for his quantitative expertise as an expert witness in arbitration proceedings. He joined Capital Forensics, Inc. (CFI) in 2007, and currently serves as a Managing Director. At CFI, in addition to direct client counseling, Mr. Valker supports the firm's team of analysts, and works to ensure successful case management, from inception through resolution. He is a Certified Fraud Examiner (CFE), and is also designated by FINRA as a Certified Regulatory and Compliance Professional (CRCP).
Kamran Fotouhi brings more than 20 years of financial industry experience focusing primarily on compliance related matters. He began his professional career as a financial consultant but soon demonstrated a proficiency in successfully navigating through an ever-changing and complex regulatory environment for broker dealers, investment advisors and regulatory agencies. Prior to CFI, he was a Surveillance Director at FINRA, where he identified and addressed current and emerging risk, while monitoring member firms' compliance with applicable rules and regulations. Mr. Fotouhi provides invaluable insight to our clients and strengthens CFI's already formidable resources. He held the Series 7, 24, 63 and 65 securities industry licenses, and is a Chartered Financial Analyst (CFA).
Eric Siber brings more than 30 years of financial services industry experience. He began his career as a financial analyst with Drexel Burnham Lambert and then moved into Retail Sales Management. He has a significant amount of brokerage firm and bank broker-dealer experience, with expertise in supervision, transactional and fee-based platforms, Branch and Complex management, and compliance. Mr. Siber's expertise in the fixed income arena results from his running the largest single branch complex at RBC Wealth Management, (successor to J.B. Hanauer & Co., LLC, a fixed income boutique) where he was the Director of the Private Client Group. He has held other senior roles at NatWest Investor Services, Gruntal & Co, and Ryan Beck. Mr. Siber holds the Series 7, 9, 10, 24, 63 and 65 securities industry licenses, along with the New Jersey life insurance license.
Christine Cornejo brings more than 30 years of financial services experience, specializing in reducing regulatory risk associated with operational workflow processing and data analysis. Having managed various business lines as a senior manager, Ms. Cornejo provides end-to-end problem analyses and solutions that meet each client's regulatory and business needs. Most recently, she was Director, Compliance and Regulatory at Thomson Reuters, managing the firm's Wealth Management Compliance department, while providing several of the nation's largest broker-dealers with guidance for regulatory reporting and books and records requirements. Additionally, she has managed compliance departments for Washington Mutual and Wachovia Securities. Ms. Cornejo held the Series 3, 4, 7, 8, 14, 24, 27, 30, 53, 63 & 65 securities industry licenses.
Jennifer Cunningham brings over 20 years of financial services industry experience, focusing on branch office compliance. She specializied in identifying and mitigating risk, and ensuring adherence to firm and regulatory policies. Prior to CFI, Ms. Cunningham was a Complex Administrative Manager for UBS in NYC, responsible for managing over 50 direct reports. Prior to UBS, she was the Administrative Manager at Merrill Lynch's 5th Avenue NYC office, supervising nearly 200 Advisors. Her supervisory duties included monitoring various customer account activities, reporting and responding to customer complaints, assisting Counsel with preparing for mediations and arbitrations, heightened supervision plans, internal investigations and testifying as Corporate Representative in FINRA disputes. Ms. Cunningham holds the Series 7, 9, 10, 63 & 65 securities industry licenses.
Stephen Strombelline brings 35 years of compliance and regulatory expertise, along with enterprise risk management experience in the securities and banking industries. Most recently, he was Head of Corporate Compliance at Charles Schwab. He began his career at the NASD (FINRA), where he became the Associate Director of the NY District office. He later served as Chief Compliance Officer in the US for Barclays Capital and BNP Paribas, where he developed and maintained a comprehensive compliance program for all bank & broker-dealer businesses. Mr. Strombelline served as Chairman of the Nat'l. Society of Compliance Professionals (NSCP) and the Institute of Int'l. Bankers' Compliance Committee. He was an Executive Committee Member of SIFMA's Compliance & Legal Society. He holds the Series 4,7,8,14 & 24 securities industry licenses.
Alex Mats brings more than 10 years of experience to Capital Forensics. He became the head of CFI's Forensic Accounting Group in January, 2017, where he supervises a staff of CPAs who utilize their accounting, auditing and investigative skills to resolve issues. For the previous 4 years, Mr. Mats has served as an expert in litigation support and investigations, quantifying damages sustained by parties in litigation, and determining whether criminal matters, including employee theft, securities, insurance or tax fraud have occurred. In prior roles, he served as the Finance and Accounting Manager and as an Auditor for financial institutions and public corporations. Mr. Mats also held supervisory accounting roles at a commercial real estate services and investment management firm. He holds an M.S. in Accounting Forensics, and a B.S. in Accounting and Finance.