Prior to joining Soleil Securities, Vince Farrell was a Principal at Scotsman; Chairman of Victory Capital Management of Cleveland; and Chairman of Victory SBSF Capital Management in New York. He was a founding partner of Spears, Benzak, Salomon & Farrell, which was acquired by KeyCorp in 1995. Farrell held a variety of positions in his 23 years at SBSF, including Chief Investment Officer, and he served as the portfolio manager on a number of the firm's largest client relationships. He is a regular guest on the cable network CNBC as well as other national print and broadcast media.
Prior to joining SBSF, Farrell spent nine years at Smith Barney, Inc. as a Vice President-Sales.
Farrell graduated from Princeton University in 1969 and received his M.B.A. from the Iona College Graduate School of Business in 1972.
Farrell is a Vice President and member of the Class Board of Governors for Princeton University, class of 1969, and is co-Chairman of its Special Gifts Committee. He is also on the Academic Advisory Board for the History Department at Princeton.
Farrell is actively involved with the Westchester Putnam Special Olympics/Association of Retarded Citizens. He was named to the Hall of Fame at Archbishop Stepinac High School, White Plains, N.Y. in 1998, and was honored by Iona College in 2003 with the Trustees' Award for Lifetime Achievement. Irish American Magazine named him as one of the 50 most influential Irish Americans in finance in 2003. He is a trustee of the Buonoconti Fund to Cure Paralysis.
The latest overall job loss numbers showed a loss of 49,000 jobs in May and a jump in unemployment rate up to 5.5%. The drop is still well below the six figure numbers seen in past recessions. Read what our panel thinks about the recession outlook.
The U.S. Senate is voting this week on legislation which could drastically change the way companies do business.