Chief Executive Officer
Mr. Carty started in the securities business in 1967 when he joined Merrill Lynch, Pierce, Fenner, & Smith as an Account Executive in their Memphis office. Prior to joining Merrill Lynch, Mr. Carty worked with IBM Corp as a sales representative, both in their Data Processing Division and their Office Products Division. IBM was Mr. Carty’s first job after graduating from Mississippi State University in 1964 with a BS degree in Civil Engineering. In 1970, Mr. Carty formed Carty & Company, Inc. to deal primarily in Municipal Bonds. The company’s clients at that time were primarily Community Banks. While maintaining emphasis on fixed income securities, the company has grown in size as well as scope, servicing both institutional as well as individual clients in all aspects of investing. Mr. Carty has been the CEO of Carty & Company, Inc. for those forty-six years. The securities industry is extensively regulated and over the years Mr. Carty has been an active participant in many aspects of the regulatory system. He served on the Business Conduct Committee of District 5 of the NASD twice; 1982-1984, and again 1994-1997. He has also served as a NASD Arbitrator since 1985, serving on arbitration panels as well as other disciplinary panels in the past. Mr. Carty has served on other committees of NASD/FINRA such as the Small Firms Advisory Board from 1998-2001.
Jennifer Carty Scola
Chief Operating Officer, Chief Compliance Officer
Mrs. Scola has been with Carty & Company, Inc. for over 25 years. She participates in every aspect of management of the firm and is responsible for most regulatory and compliance communications. She is experienced in all areas of the brokerage business, including investment banking, sales, compliance, clearing and management. Mrs. Scola oversees the firm’s compliance department and is responsible for the recruitment and hiring of the firm’s brokers. In the past, she contributed to the firm’s municipal bond research efforts and was active in negotiated municipal bond underwritings, having fully participated in the cultivation, due diligence and final sale of such deals for the firm. Mrs. Scola served as an elected member of the District Business Conduct Committee (DBCC) of the Financial Industry Regulatory Authority (FINRA) previously, National Association of Securities Dealers (NASD) and most recently served on the DBCC nominating committee. She was a member of the Security Industry Association’s Small Firm Committee for over 10 years and also served on the SIA’s first Continuing Education Committee. Mrs. Scola is a Registered FINRA General Principal, holds a General Securities License, a Commodities License and is a Registered Options Principal. She holds a BBA in Finance from the University of Memphis and is a graduate of the Securities Industry School at Wharton.
After graduating from the University of Memphis in 1993 with a degree in Business Management, William Carty joined Carty & Company, Inc. as a registered representative and began his training on the fixed income trading desk. Since that time, Mr. Carty has managed a proprietary position for the firm. In 1997 Mr. Carty assumed responsibility for all proprietary trading for Carty & Company and management of the trading desk and retail trading floor. In 1998, Mr. Carty was made President of the firm and took on the general oversight of all trading and sales operations.
Managing Director, Senior Executive VP
After graduating from the University of Tennessee in 1990 with a B.S. in Finance, Mr. Hearn joined Carty & Co. as a registered representative. In 1997, Mr. Hearn moved to the fixed income trading desk and is responsible for the day to day retail operations of the firm. Mr. Hearn’s retail sales background, as well as his trading expertise, allow for Carty & Company to better meet its customer’s needs. In 2008, Mr. Hearn became one of Carty & Company’s five stockholders.
Senior Executive VP, Director of Sales
Mr. Ross graduated from Belhaven University in 1996 with a BBA. While attending and paying his own way through Belhaven, Mr. Ross held several positions with varying business entities where he was entrusted with many multiple responsibilities, earning promotions within every company. Upon graduation from college, he was promoted by Grand Casino Tunica to director of sales. In 2002, Mr. Ross joined Carty & Co. as a registered representative. His hard work and fixed income expertise enabled Mr. Ross to move up the Carty & Company corporate ladder quickly. He is now a Senior Executive Vice President and the Director of Sales. Mr. Ross’s work ethic, vast job experience and education have proven an invaluable resource to Carty & Company’s retail clients. The positive attitude and effort from Mr. Ross has been essential to the development and success of Carty & Company’s new broker’s growth and success in a very competitive field.