Bio
Mr. DeSimone focuses on business and product development for ERI, drawing on broad experience in asset management and financial services. He also functions as CEO of the firm's proprietary broker/dealer. Mr. DeSimone assumed responsibility as product manager for an affiliate of New England Investment Companies, working with Copley Real Estate Advisors to raise equity capital for private partnerships and registered securities, including REITs. His responsibilities enlarged to encompass strategic projects involving expansion of NEIC asset management subsidiaries, including its mutual fund divisions and securities broker/dealer. Mr. DeSimone later joined the Assurance & Financial Services division of Skandia Life, as COO & CFO of their U.S. division. There he had a visible role facilitating creation of four product lines, building a multi-manager investment platform and a legendary distribution business, which grew AUM from $1 B to $12 B in 4 years. He was recruited to MassMutual Financial Group as head of a $13 billion asset management division. Most recently, Mr. DeSimone was an officer of Prudential Financial, overseeing strategy, analytics, channel and account management functions, and private label product development, in addition to making contributions to significant M&A transactions for the firm. Mr. DeSimone received a B.A. from Tufts University, and an MBA – Finance from Boston University. He is a registered General Securities Principal with FINRA and an active member in numerous industry committees and trade associations.