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Founding Partner Barbara Halper to Depart FactRight

Barbara Halper, JD, MBA, a founding partner of FactRight, will step down from day-to-day corporate operations later this year. FactRight is a third-party provider of due diligence and other services to independent broker-dealers. No explanation for Halper’s departure was provided.

Halper has focused on due diligence and risk management related to alternative and direct securities investments for the past thirteen years, previously serving as a due diligence officer of a large national broker dealer and chief operating officer of Argus Realty Investors, one of the largest sponsors of securitized tenant-in-common investments during the mid- and late 2000s. Halper cofounded FactRight in 2006 and has been an integral part of the company’s management team and its affiliates over the company’s 10-year history. Most recently, she led the company’s consulting division and oversaw its corporate legal work.

“Barbara played a critical role in the creation and growth of FactRight,” said CEO Scott Smith. “FactRight due diligence reports are widely distributed to the financial services industry today. Our success as a reporting firm is due, in large part, to Barbara’s early work on our reporting products.”

Halper will remain with the company through the ADISA annual conference scheduled for Sept. 30. “While I am saddened to be leaving FactRight, I leave it in good hands,” Halper said. “I am ready for new opportunities and challenges.”

Halper is a board member of ADISA, the Alternative and Direct Investment Securities Association, and is an active participant on their Conference Planning Committee. In 2015, she chaired the ADISA Spring Symposium and is the Chair of the 2016 ADISA annual conference. Barbara is also a member of the American Bar Association and has held FINRA Series 22, 39, and 63 registrations.