Joshua D. Rogers is the Founder and Chief Executive Officer of Arete Wealth, Inc.
As CEO and Founder, Joshua is the steward and visionary for the whole firm, which spans more than 100 offices and over 320 advisors nationwide.
Arete Wealth Inc. is a financial services holding company that houses multiple full-service FINRA and NFA Member Broker-Dealers, its Corporate Registered Investment Advisory Firm (Arete Wealth Advisors, our RIA), multiple Insurance Agencies, and an Art and Wine Consulting Firm. Arete Wealth focuses on providing comprehensive wealth management for high-net worth individuals and institutions. In order to accomplish this, the firm specializes in alternative investment access, venture capital, private equity, and a wide range of other bespoke alternative investments. The firm has boasted double digit year-over-year revenue growth every year under Joshua’s tenure since he founded the company in 2007.
Early in Joshua’s career, he was accepted and about to attend Georgetown University Law Center but instead decided to defer and accepted an offer to join the newly formed research & development lab Walker Digital in Stamford, CT to pursue e-commerce innovation. There, along with Founder Jay Walker, he co-invented many patents, including the “name your own price” e-commerce patents which created Priceline.com. His inventor career took a turn towards financial services when he rose in the ranks of a brokerage firm on Wall Street, then American Express Financial Advisors, which spun off to become Ameriprise Financial. From New York City, he relocated to Washington DC and then moved on to Chicago. Joshua continues to call Chicago home and maintains an office in the Fulton Market District.
Joshua’s industry affiliations thus far include his landslide election victory in the fall of 2015 when he was elected to represent all 3,600 small broker-dealers across the country on the Financial Industry Regulatory Authority’s National Adjudicatory Council (NAC). During his 3- year term on the NAC, Joshua was a fierce advocate for investor protection but strongly balanced that with combating regulatory overreach.
In his expanded business and community works, Joshua has served on the Board of the Chicago chapter of the Young Presidents’ Organization (YPO), is a member of the Economic Club of Chicago, has previously served on the Board of Illinois Humanities, and currently serves as an Elected Trustee of the Museum of Contemporary Art Chicago.
Joshua is a graduate of St. John’s College in Annapolis, Maryland, where he has served multiple terms as an Elected Member of the College’s Board of Visitors and Governors with oversight of the College’s Finance, Investment, and Audit committees. He has previously taught Entrepreneurship classes at both of the College’s Annapolis and Santa Fe campuses.
Joshua finds energy to lead an accomplished professional career by balancing it with his personal interests. He is often seeking adventure and global travel with his family – whether it be with wife Megan or children, Camille and Jackson. He is also a voracious reader, a published writer, an art collector, loves golf and all racquet sports, and enjoys off- road adventure motorcycling.
“Do not delay. The difference between greatness and mediocrity is not putting off what can be done today for tomorrow.”
-Rabbi Joshua Haberman, Washington Hebrew Congregation
David Hock comes to Arete Wealth Management with 16 years of experience in the financial services industry. His fascination with the complexity of the markets and building profits through in-depth analysis led him to the independent broker-dealer and RIA niche, where he developed expertise in financial planning and investment products, as well as an interest in private placements. Working in private placements, David notes, allows him to “work closely with the management of companies,” providing access to and understanding of a company’s inner workings in ways that a simple stock purchase does not.
David is Arete’s Chief Operating Officer and Financial Operations Principal. His focus is on product structure and development, due diligence and operations management. He has served in similar capacities throughout his career at independent Broker Dealer and Registered Investment Advisory firms.
When David is not helping to run Arete, his main hobby is fly fishing – which has taken him throughout the Western United States, and countries around the globe. He lives in Lake Oswego, Oregon (outside Portland) with his wife and two children.
David holds a Bachelor’s of Science degree in Quantitative Economics and Decision Science from the University of California, San Diego. He also holds a FINRA securities licenses Series 4,7, 24,27,63 and 65.
David brings over 20 years of wealth management experience having served as the National Sales Manager, Chief Sales Officer, and Chief Executive Officer at two large independent broker-dealers and investment advisors. David’s primary responsibilities were to recruit wealth managers, build product offerings and platform solutions, grow assets under management and revenues, and enhance advisor and client relationships. David also has worked for a multi-billion asset management firm and at The Private Bank of a top five U.S. banking institution.
Mr. Levine earned his B.A. in Economics and English from the University of Pennsylvania. He earned his M.B.A. in Finance from New York University’s Stern School of Business. Mr. Levine holds his Series 7, 24, 63 and 65 licenses.
David devotes significant time to volunteer work and service commitments in his South Florida community. David, his two daughters and two Labrador retrievers enjoy living at the beach in Florida.
Before joining Arete in 2013, UnBo (Bob) Chung was Senior Regional Counsel for the Financial Industry Regulatory Authority (FINRA) for nearly a decade. While with FINRA, Bob investigated hundreds of cases and brought over 150 enforcement actions against firms and individuals for violations of FINRA Rules and Federal Securities Laws. Prior to FINRA, Bob was a prosecutor in Chicago specializing in complex financial crimes and government corruption. He has never lost a criminal trial or a FINRA enforcement hearing.
As Arete’s General Counsel, he ensures the firm is fully compliant with the securities industry’s myriad rules, laws and regulations. Bob received his B.A. from Oberlin College and his J.D. from Loyola-Chicago School of Law. He received a second law degree, a LL.M., in Financial Services Law from the IIT/Chicago-Kent College of Law. He also holds FINRA securities licenses Series 7, 24, and 66.
Casey Cotton comes to Arete Wealth with over 20 years of experience with the last 14 years being spent in the financial services industry. He has served in a similar capacity throughout his career at an independent Broker Dealer, Registered Investment Advisory firm, and Insurance Field Marketing Organization. As an expert in the design and delivery of cost-effective, high-performance technology solutions in support of rapid growth, Casey is an integral member of the Executive Team and a business partner building team-centered operating units, with excellent business process and strategy development skills.
He holds various technology certificates, carries his series 7, California Health & Life License and has received distinguished awards to include: 2018 Top Tech Execs San Diego Lifetime Achievement Honoree, 2013 Top Tech Exec San Diego Honoree in the Private Medium category, and has also served as a Top Tech Exec San Diego judge and on the Advisory Board. Casey was also highly involved in the Financial Services Institute, a nationally recognized industry organization representing Independent Broker Dealers in Washington DC by serving on both the Operations/Technology Council and Cybersecurity taskforce as Chairman.
Casey earned his B.A. in Business Communications from Concordia University of Wisconsin. Serving our country in the United States Marine Corps, Casey was awarded the Navy Unit Commendation and the Meritorious Unit Commendation medals for superior work performance and ethics. Casey currently lives in San Diego, California with his wife, and his two boys. He enjoys volunteering in the community teaching youth leadership skills and core values – Accountability, Community, Humility, Integrity, Meritocracy, and Respect.
Karlton Kleis is a Founder and Partner of Insight Wealth Group. Karlton received a degree in accounting from Northwestern College and an MBA from the University of Iowa with an emphasis in structured finance. He began his career as an auditor in the health care field, but soon moved to work at a Top 100 Independent Financial Advisory firm. As the firm grew, he served in several management positions, including Controller and Chief Operating Officer of the firm.
Karlton has also been instrumental in the start-up of numerous financial services companies, including a broker/dealer and a third party administration firm. He has spent the last several years as an investment banker with a team of industry professionals both identifying and creating investment opportunities for high net worth investors. He is a member of the investment committee and serves as Due Diligence Officer for the broker/dealer, Arete Wealth Management.
Karlton and his wife, Allison, live outside Grimes, Iowa with their three children, Emerson, Griffin and Greer. In his spare time, Karlton serves on the Board of Directors of the Mercy Foundation and enjoys spending time at the ball field watching his children play softball and baseball.
Heidi was hired as one of Arete’s first employees. She filled critical roles both in Finance and Operations and served as the leader of the Operations Team for many years before stepping into the role of Controller.
Bringing over 30 years of experience, Heidi oversees trading, billing, and human resources. One of her first tasks was implementing a massive technology uplift, implementing custom-built systems to better fit the needs of Arete Wealth financial advisors. Heidi leads a highly efficient, solution-focused team and continues to work closely with the other executives to ensure financial advisors and their clients receive top-tier services.
Prior to Arete, Heidi proved her impressive management skills in various industries including hospitality, food service, and veterinary medicine. In those previous positions, she strategized and implemented business and operational improvement plans for both large and small companies.
Arete Wealth is pleased to welcome Cristina as of November, 2022. Cristina brings many years of both regional and wire house experience to the firm. Having facilitated transitions of over 100+ financial advisors and teams, she is an asset as Arete Wealth continues to grow and advance. She has also managed new office openings, relocations, brokerage firm conversions, network integrations, due diligence and recruiting. Arete Wealth looks forward to the elevation of its transitions and processes with Cristina at the forefront.
Cristina is a Jersey girl at heart. She studied business at Ocean County College. She is the mother of three boys who keep her busy and on her toes. Cristina fills her off work-work hours teaching/training dancers and bringing her boys to their after-school activities of soccer, ballroom dancing, and football. Cristina’s goal is to always educate, add value, and drive herself and others to be better together – building a great team.
Linda Ieleja Gerstman joins Arete with over 20 years of experience in securities law in both the private sector and as a government prosecutor. Linda most recently was Senior Investigation Counsel in the Enforcement Division of the U.S. Securities and Exchange Commission. She served in the Asset Management Unit, where she received specialized training and focused her investigations on investment advisers, investment companies, hedge funds, and private equity funds. For nearly a decade previous to that, Linda was a Branch Chief in the Midwest Regional Office, supervising a team of attorneys in the investigation and prosecution of hundreds of matters involving a wide variety of securities law violations.
Prior to her service at the SEC, Linda was at Sidley Austin, where she worked on commercial disputes, including those involving securities and commodities fraud and internal corporate investigations. A seasoned litigator, she is admitted to the Illinois bar, as well as the Northern District of Illinois (trial bar), the Eastern District of Wisconsin, the Eastern District of Michigan, the 6th Circuit Court of Appeals, the 7th Circuit Court of Appeals, and the U.S. Supreme Court.
Linda received her B.A. (magna cum laude, Phi Beta Kappa) from Gustavus Adolphus College and her J.D. (cum laude) from the University of Minnesota.
Corrie Scoby has spent her entire 20-year career as a compliance professional and has had a wide array of compliance experiences. She holds 10 industry licenses, including the Municipal Securities Principal & Options Principal. Over her career, Ms. Scoby was trained by and reported to three former FINRA regulators and was the Chief Compliance Officer of a Registered Investment Adviser for over 8 years.
As Senior Director of the Compliance Department, Corrie has a large role in the day-to-day compliance of Arete Wealth. She manages the Annual Compliance Program, licensing and registration, disclosure review, regulatory reporting, the internal inspection program and is an integral part of regulatory examinations.
She has been the Compliance Registered Options Principal (“CROP”) of two firms while performing registration functions, performing advertising reviews, conducting annual branch exams, evaluating and revising written supervisory procedures, creating Annual Compliance Programs and developing desk procedures. Corrie has experienced over 7 regulatory audits, giving her the ability to communicate directly with regulators during FINRA, SEC and State examinations.
Corrie’s lengthy tenure as CCO of an Investment Advisory firm, the firm received zero customer complaints and passed every regulatory examination without a single substantive deficiency. Aside from being the CCO of an independent RIA, Corrie was associated with Arete Wealth Management as the Supervisor of the Memphis OSJ branch, performing trade review, correspondence & advertising review as well as providing internal audit support.