Monahan & Roth Team

Team Profiles

LISA ROTH

Co-Founder, Managing Member and President

Ms. Roth is the president of Monahan & Roth, LLC, a professional consulting firm offering consulting, expert witness and mediation services on financial and investment services topics including regulatory compliance, product due diligence, suitability, supervision, information security and related topics. Previously, Ms. Roth founded ComplianceMAX Financial Corp. (purchased by NRS in 2007), a regulatory compliance company offering technology and consulting services to more than 1000 broker-dealers and investment advisers. Ms. Roth's leadership at CMAX led to the development of revolutionary audit and compliance workflow technologies now in use by some of the US's largest (and smallest) broker-dealers, investment advisors and other financial services companies. Lisa Roth has been engaged as an expert witness on more than 150 occasions, including FINRA, JAMS and AAA arbitrations, and Superior Court and other litigations, providing research, analysis, expert reports, damages calculations and/or testimony at deposition, hearing and trial. As a member of the FINRA Board of arbitrators, Ms. Roth has been named to more than 20 panels as a hearing officer.

Ms. Roth serves as the President, AML Compliance Officer and Chief Information Security Officer of Tessera Capital Partners. Tessera is a limited purpose broker dealer offering new business development, financial intermediary relations, client services and marketing support to investment managers and financial services firms. Ms. Roth holds FINRA Series 7, 24, 53, 4, 65, 99 Licenses. Previously, Ms. Roth has served in various executive capacities with Keystone Capital Corporation, Royal Alliance Associates, First Affiliated (now Allied) Securities, and other brokerage and advisory firms.

Ms. Roth is a member of the Board of the Third Party Marketer's Association, FINRA's Membership Committee, and FINRA's Series 14 Item Writing Committee. Ms. Roth was unanimously selected by her peers to serve as the Chairman of FINRA's Small Firm Advisory Board for one of a total of four years of service on the Board from 2008-2012. Ms. Roth has also served as a member of the PCAOB Standing Advisory Group, and is an active participant in other industry forums, including speaking engagements and trade associations.

Ms. Roth resides in CA, but is a native of Pennsylvania, where she attained a Bachelors of Arts Degree and was awarded the History Prize from Moravian College in Bethlehem, PA. Outside the workplace, Ms. Roth competes in rowing events as a member of the San Diego Rowing Club.

DAVID MARTIN

Vice President and Managing Member

As a Partner with Monahan & Roth, David has provided direct support in the formation, registration and operations of various Investment Advisors and Broker Dealers. In his capacity as an Expert Witness Research Assistant, David provides a creative and comprehensive approach to organizing compliance issues and relevant case law. The combination of David's background at Keystone and Monahan & Roth results in a unique blend of sales and compliance expertise.

David Martin is the CEO/CCO of Keystone Capital Corporation, a FINRA member headquartered in San Diego, CA. In this capacity, David oversees the daily operations of the firm, manages the retail and institutional sales teams and maintains a personal book of clients. David currently holds his Series 7, 66, 24, and 99 Securities Licenses and CA Life/Health Insurance License. David studied business administration at the University of San Diego and earned the Certified Regulatory Compliance Professional Designation from FINRA/Wharton School in November 2010.

David is currently a FINRA District 2 Committee Member representing small firms. In this capacity, Mr. Martin participates in Committee Meetings, is a regular speaker at FINRA conferences and acts as a Disciplinary Hearing Panelist for FINRA Enforcement Matters.

David is dedicated to helping underprivileged youth, previously as the Chairman of Youth and Leaders Living Actively, YALLA, a non-profit organization in San Diego. YALLA is the first and only comprehensive program in CA that uses soccer to motivate child survivors of war and immigrant youth to help rebuild their lives through our education, leadership and eco-therapy programs. In addition to this, David founded and runs an internship program offering Financial Services courses for credit with The University of San Diego and The University of California San Diego business schools. This program has educated over 40 students in its eight-year existence.

Outside of the workplace David is an avid golfer, sailor, Advanced PADI Certified Diver and Licensed Private Airplane Pilot.

Eric Sams

Consultant

Eric Sams is a Registered Principal with Keystone Capital Corporation, a FINRA member headquartered in San Diego, CA. As a manager, Eric oversees the daily operations of the firm and conducts personal retail business with San Diego Unified Staff and San Diego County Charter Schools. Eric currently holds his Series 4, 7, 24, 53, 66, 79, 99 and several State Life & Health Insurance Licenses. Eric Studied Economics and attained a Bachelor of Arts degree from UCSD in 2012.

In his capacity as a consultant with Monahan & Roth, LLC, Eric is responsible for Due Diligence, Case Research, Client Services and provides direct support Senior Management on all matters.

Outside of the workplace Eric is a scratch golfer, a regular volunteer in the community and is dedicated to health and wellness.

Donna B. DiMaria

Consultant

Donna DiMaria serves as a Consultant at Monahan & Roth, LLC. Donna is responsible for Due Diligence, Case Research, Client Services and provides direct support Senior Management on all matters.

Ms. DiMaria is the Co-Founder and Managing Principal of Tessera Capital Partners, LLC ("Tessera") in March 2004. Tessera is an independent third party marketing firm representing traditional and alternative investment strategies to institutional investors and financial intermediaries. The firm is a member of FINRA and SIPC. Tessera also operates as a State Registered Investment Adviser and is registered as a Municipal Advisor with the SEC and MSRB. Ms. DiMaria is the founder of the firm and serves as the company's CEO and CCO. Prior to Tessera, Ms. DiMaria was the Director of Consultant Relations at WestAM where she also oversaw the firm's marketing support functions. Prior to joining WestAM, Ms. DiMaria was a Vice President at Forstmann-Leff International where she was responsible for US Consultant Relations and Institutional Sales. Before Forstmann-Leff, she was a Marketing Analyst and Fixed Income Product Specialist at UBS Asset Management. Prior to moving her career to the investment management industry, Ms. DiMaria was employed as an Investment Banking Analyst at Kidder Peabody and a MBS/ABS Accountant at Prudential Securities.

Ms. DiMaria is the Chairman of Board and Co-Chair of the Regulatory Committee of the Third Party Marketers Association ("3PM"), she was also formerly the President of 3PM, a position she held for more than 5 years. She currently sits on FINRA's Membership Committee, is a member of the National Society of Compliance Professionals ("NSCP"), and a member of Beta Gamma Sigma, the premier honor society recognizing academic excellence in business studies. She holds the Series 7, 24, 50, 63, 65, 79 and 99 licenses.

Ms. DiMaria received a Bachelor of Science degree with a concentration in Finance from Binghamton University in May 1988. She graduated as a Stern Scholar with a Masters of Business Administration degree in Finance in May 1999 from NYU's Leonard N. Stern School of Business.

Outside of the workplace, Ms. DiMaria spends time with her family, including her young son Tyler. She is a volunteer in the community and enjoys music, reading and travelling to new places.

ALFRED MONAHAN

Co-Founder

Alfred Monahan is a highly qualified and experienced expert witness and consultant in litigation and arbitration involving securities issues and disputes. He has over thirty-five years of specialized experience in the securities industry as a broker, top-level executive, consultant and arbitrator. He has expertise and experience in areas that include securities industry standards and practices, investment suitability, misrepresentation, account churning, due diligence, broker-dealer supervision and compliance, and he has testified extensively on behalf of both plaintiffs and defendants involved in securities disputes and litigation.

Mr. Monahan has been an arbitrator since 1983 for the NASD (National Association of Securities Dealers), served as Vice Chairman (1992-1994) and a member (1997-1997) of the NASD District 2 Business Conduct Committee which handles broker discipline issues. He was also co-founder and past President of the California Association of Independent Broker Dealers, and is chairman emeritus of the National Association of Broker Dealers.

Mr. Monahan has been an expert witness since 1986 and has served as an analyst, consultant and/or expert in more than 350 securities and securities-broker disputes. He has testified in more than 70 hearings before NASD, AAA, PSE and NYSE arbitration panels as has also appeared frequently in Federal and State Courts in Los Angeles, Chicago, San Diego, New Orleans and Greenville, SC.

From 1983 to 2004, Mr. Monahan was President and CEO of the Monahan Group, a consulting group providing services to broker dealers and syndicators, including compliance with regulatory requirements, organization and formation of new companies, development of organizational and policy manuals, liaison between broker-dealers and syndicators, account analysis in legal actions for all parties in securities disputes, and expert witness analysis and testimony. During this period, he has also served as President and CEO of Keystone Capital Corporation, a San Diego securities broker-dealer. He is presently CEO of Monahan & Roth LLC, a consulting company.

Previously (1971-1983) as President and Chairman of Private Ledger Services, Inc. Mr. Monahan directed the growth of this broker-dealer firm from its initial founding to ranking as a national company licensed in all fifty states, with 250 branch office and 800 registered representatives dealing in securities, commodities, municipals, real estate and insurance. He entered the securities industry after a twenty-eight year career in the U.S. Navy from which he retired as a Captain in 1970.

Mr. Monahan was educated at the University of Washington (Seattle), and is a graduate of the Armed Forces Staff College, Naval School of Justice, and Postgraduate of Naval Science. He holds licenses as a General Securities Registered Representative, General Securities Principal, Financial and Operations Principal, and California Securities Agent, FINRA Series 99 License, and was a Certified Financial Planner.