Steven D. Spence

  • 30 years experience in Capital Markets, Wealth Management and Investment Banking

  • Former International COO of Merrill Lynch Securities 

  • Former Morgan Stanley Wealth Management

  • Various Boards of both public and non-profit institutions

  • Futures Working Group, Member of the International Advisory Board to the MATIF (French Derivatives Exchange), the Commodity Futures Trading Commission’s (CFTC) the Financial Products Advisory Committee, Board of Directors of the HKFE Clearing Corporation and recipient of the YMCA of Greater New York’s Black Achievers in Industry Award.

  • Graduate of Columbia University

  • Avid cyclist, former rugby and track & field

BIO

Steven D. Spence has over 30 years of experience in Capital Markets, Wealth Management, Investment Banking and private business.

After 3 years brokering swaps and Future Rate Agreements at EuroBrokers International Ltd., he joined Merrill Lynch in 1987 to broker Eurodollar futures and options at the Chicago Mercantile Exchange. Mr. Spence created, managed and developed various listed derivative operations for Merrill in Zurich, Paris and throughout Asia before returning to New York to run Global Listed Derivatives in 1998. He subsequently served as International COO of Merrill Lynch Securities Services before leaving the firm in 2003.

From 2003 until 2010, Mr. Spence was an independent business consultant to both public and private institutions, serving as COO, Independent Director and advisor to various institutions. Through these 7 years he worked with his clients to strengthen their balance sheets, restructure their firms and raise capital.

In 2010 Mr. Spence joined Morgan Stanley Wealth Management as a financial advisor with the Vector Group, an asset management team implementing a diversified global macro strategy.

In the Spring of 2012 Mr. Spence transitioned to a small broker dealer as Senior Managing Director Heading Business Development across all business lines; Sales Trading, Investment Banking, Asset Management and Wealth Management. He has continued to work in this lower middle market space every since with a specific focus on Environmental, Social and Governance (ESG) impact investments. He is currently a Managing Director at Libertas Funding, in Greenwich, CT.

Mr. Spence has sat on the boards of both public and non-profit institutions. He was a trustee on the boards of the Marymount School of New York and  Wilbraham & Monson Academy in Wilbraham, Massachusetts, where he served as Treasurer for six years. He has served as Chairman of the Futures Industry Association from 1999 through 2000.

Additional associations and awards have included Vice-Chairman of the Japan Chapter of the FIA, Chairman of the BrokerTec