DFPG Investments Inc., a dually-registered independent broker-dealer and registered investment advisor, announced that Mike Crimmins, formerly the CEO and managing director of KBS Capital Markets Group, and Robert Straton, previously a senior vice president at Cole Real Estate Investments, have joined the firm.
“Both Mike and Bob are widely respected within the industry. Each have held important roles and done some impressive work for well-known companies,” said Mike Bendix, DFPG’s chief executive officer. “We are pleased to associate the DFPG brand with two outstanding professionals.”
Crimmins spent years at KBS Capital Markets, advancing through various positions before his departure as the chief executive officer and managing director. The 20-year industry veteran previously served as the firm’s national sales manager and divisional vice president, and prior to his roles at KBS, he spent five years as a western division sales manager at AXA Distributors in St. Louis. Crimmins earned his bachelor’s degree in business administration and finance from the University of Missouri.
Straton has more than 17 years of experience in the financial services industry, with a concentration in 1031 exchange, Delaware statutory trust offerings, and non-traded real estate investments trusts. He worked at Cole Real Estate Investments for several years before founding NW 1031 Planning, Inc., based in Portland, Oregon. Straton earned his bachelor’s degree from The King’s College a master’s in business administration from Syracuse University.
DFPG Investments specializes in working with representatives who want to incorporate alternative investments, with an emphasis in investment real estate, into their business. CEO Mike Bendix is the current president of ADISA, a national association for professionals working in the alternative and direct investment industry.