Philip Picariello Email & Phone Number

Boston, MA, US

London, GB

• As the CEO, CFO, and CCO of ST Invest, a broker/dealer subsidiary of Stocktwits, I provide executive leadership and direction across multiple business units. My responsibilities include overseeing finance, compliance.
• Spearheaded the establishment of the operational infrastructure for options trading on the custody, pricing, and regulatory fronts, increasing new account openings by 45% and funded account balances by 33%.
• CCO: Accelerated revenue recognition 25% by implementing a structured review process that reduced processing time, expediting advertisement placements on company website for direct advertisers, to ensure compliance.

• Before stepping into executive leadership positions at ST Invest, I served as the principal operating officer, responsible for overseeing operations. This included ensuring compliance with FINRA regulations, managing.
• Reduced costs and optimized revenue by negotiating new vendor contracts with clearing agent, data vendors, and exchanges.

Wakefield, Massachusetts, US

• Advise on how to build structured financial plans, schedules, and budgets for individuals, corporations, and corporate partnerships

New York, US

• As the chief financial officer for Stocktwits, Inc., and its subsidiaries, ST Invest, LLC, and Stocktwits SG Pte. Ltd. (SG), I provide direction to achieve business objectives, ensure financial stability, and drive.
• CFO: Orchestrated a diversified revenue model, currently generating ~$10M, with revenue streams derived from advertising publisher services, B2C data subscriptions, B2B data fees, eCommerce, and securities brokerage.
• Innovated and optimized expense management and procurement process, ensuring rigorous alignment between invoices and contracts, strategic vendor price benchmarking, and streamlining the contract renewal process for ~50.

New York, US

• Upon joining the company, my primary objective was to address historical financial discrepancies. I established and led in-house finance and operations teams, comprised of professionals from finance, operations, and.
• Identified inefficiencies in processes and procedures left by predecessor, leading to overpayments totaling $557K to equity exchanges for pricing data; collaborated with pricing vendors to demonstrate overestimations.
• Strategically reduced back sales tax assessment by 88% that occurred prior to joining company, from $145K to $17K.
• Optimized cash deployment on a credit risk-adjusted basis generating a substantial $1.5M annual return on previously idle cash; allocated return to data science product enhancements.

Following the successful launch of the subsidiary broker-dealer and its corresponding trading app, I transitioned into the roles of CEO and CCO for the subsidiary. I led a team of 5 direct reports, providing executive oversight of all operations and compliance functions within the organization.

• In 2020, I joined the early-stage FinTech parent company as the third employee, tasked with establishing the finance division and heading finance and operations. My role quickly evolved, and I was elevated to CFO and.
• Spearheaded the establishment of the parent company’s finance function with robust financial processes and systems.
• Ideated, championed, and successfully established the broker-dealer subsidiary; collaborated with legal and regulatory experts to develop trade execution strategies for product development, ensuring regulatory.
• Achieved goal of launching app in the app store in September 2021, garnering substantial initial traction with 2000 open accounts within the first month of launch; successfully passed first FINRA audit with zero.
• Raised over $11.5M from Seed Round to Series A.
• Solely established the FINRA-registered, SEC-regulated

Boston, MA, US

• I was chosen by the founders as the first company employee to pioneer comprehensive leadership for all aspects of private fund product offerings. This included overseeing portfolio management utilizing algorithmically.
• Designed and implemented an investor onboarding process, incorporating Know Your Customer (KYC) and Anti Money Laundering (AML) guidelines to ensure compliance and robust due diligence practices.
• Solely established the Exempt Reporting Advisor (ERA) structure to support 3(c)(1) private fund offerings.

Boston, MA, US

In addition to my role as head of investments, I was entrusted with leading and directing all aspects of Financial Planning & Analysis (FP&A) at Flipside Crypto, including forecasting, risk analysis and mitigation, financial modeling, predictive analytics, strategic planning, fiscal budgets, variance analysis, global and domestic taxation, compliance, KPI.

Boston, MA, US

• As SVP at Securities Finance Trust, I led and managed $25 billion of fixed-income assets in separately managed accounts and commingled fund structures for some of the largest public pension funds globally. This.
• Co-established the asset management division from the ground up, achieving remarkable growth from inception to $65B in assets, generating more than half of the firm’s total revenue of $40M+ at peak.
• Pioneered the establishment of the EUR-denominated investment management function by opening a trading desk in London, expanding the company's global footprint to achieve growth to $6 billion assets under management.
• Successfully restructured two Structured Investment Vehicles (SIVs) into new pass-through notes while optimizing the underlying portfolio of assets; total market value of $750 million increased recovery value to.