Chairman - Age 73
From 1973 through 1982 Mr. Miller was a Registered Representative with Hornblower, Weeks, Hemphill, Noyes which through a series of mergers eventually became Shearson-American Express, one of the nation’s largest investment banking firms. During his tenure, Mr. Miller was elected to Shearson’s Presidents Club, made up of the top 1% of the firm’s producers, and gave lectures on advanced trading techniques to other brokers at company sponsored seminars. Mr. Miller was considered one of the nation’s most knowledgeable individuals in stock and index options and his areas of expertise included sophisticated hedging and advanced arbitrage techniques.
In 1982, Mr. Miller was recruited by Potomac Financial Equities, a Washington DC company specializing in the preparation of Registration Statements, Offering Memorandums, and other circulars used by corporate clients to raise capital through private offerings. Primary responsibilities included client coordination and the development of advanced financial structures, sometimes referred to as financial engineering. He also developed investment strategies used in the management of the firm’s client funds.
In 1985, after Potomac’s senior management retired and the firm was disbanded, Mr. Miller moved back to Chicago and formed William Miller Associates. The company’s primary focus was to assist small to medium size companies with reorganization plans, capitalization strategies, marketing programs, and financial plans. During this time Mr. Miller also provided financial structuring advice to the State of Washington under Governor Gary Locke, who eventually became the United States Secretary of Commerce and is the current Ambassador to China.
In 1997, Mr. Miller was asked to be one of ten keynote speakers at the Annual Stadium Development Conference held in San Francisco. Attended by representatives of the National Football League, the National Basketball Association, Major League Baseball, and various government and financial institutions, Mr. Miller presented a then revolutionary concept that allowed professional sports stadiums to be built debt free with private financing as opposed to the typical public financing used by most major cities. As a result of the seminar the San Francisco 49ers professional football team decided to use the concepts to fund the construction of a new football stadium. Unfortunately, after months of preparation the then owner of the team, Eddie DeBartolo, was indicted on a bribery scheme in Louisiana and was removed from ownership. The new ownership decided to postpone any large capital expenditures indefinitely.
Mr. Miller possesses significant background and expertise in corporate finance including assistance in the preparation of disclosure documents (prospectuses and memorandums) for private equity offerings. In addition, Mr. Miller has developed specialized capitalization packages and formulas utilized for corporate financing, private project development, and debt restructuring. Mr. Miller’s areas of primary expertise are Restricted Securities, including re-sales and exchanges, purchase coordination, liquidation and utilization strategies for acquisitions, mergers, and capitalization of Private Placements, and securities and investments including portfolio and cash flow management, portfolio development, trading strategies, and
various hedging techniques utilized by both individual and
Mr. Miller is a Vietnam Veteran with an honorable discharge and a Commendation Medal for bravery under fire.