PENSCO Names Carol Foster As Chief Financial Officer

SAN FRANCISCO, Sept. 16, 2013 /PRNewswire/ -- PENSCO, the nation's premier alternative asset custodian specializing in retirement accounts, today announced that Carol Foster, who has more than 25 years of financial and business experience, has been named Chief Financial Officer.

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PENSCO also announced that Chris Radich, who has worked for the firm for the past 12 years, has been named Chief Risk Officer, a new executive level position at the company.

"Carol Foster and Chris Radich are outstanding executives with proven leadership and experience in building financial services companies," said PENSCO CEO Kelly Rodriques.  "The appointments of Carol and Chris, along with our strategic investments in technology, are strengthening PENSCO's position as the premier alternative asset custodian specializing in retirement accounts."

Foster has extensive M&A and investment banking experience and has led teams at wealth management and financial services firms.  Most recently, Foster was the founder of CLF Advisors, a consulting firm specializing in finance, accounting and capital raising.  Earlier in her career, she worked for Pantheon Ventures, Calera Capital, Merrill Lynch, Goldman Sachs and Accenture.  Foster has an MBA from Columbia University and a Bachelor of Science degree from Southern Methodist University.

Radich, formerly the CFO of PENSCO, is responsible for enterprise risk management, compliance and regulatory affairs.  Earlier in his career, Radich worked for RCM Capital Management, Bank of America and Ernst & Young.  He is a Certified Public Accountant and has a Bachelor of Science degree from University of California, Santa Barbara.

About PENSCO
PENSCO Trust Company is the nation's premier alternative asset custodian specializing in retirement accounts. Founded in 1989, PENSCO provides investors and their advisors with a comprehensive suite of custody services for direct investments in real property, private equity, notes, precious metals and other assets not traded on public exchanges. At PENSCO, assets can be held in a Traditional IRA, Roth IRA, SEP-IRA, Solo(k) and other types of qualified plans. A regulated banking company, PENSCO has more than $10 billion in assets under custody and 50,000 client accounts. In addition to serving individual investors, PENSCO works with Registered Investment Advisors, financial planners, family offices, accountants, attorneys, and others seeking a retirement account custodian for their clients. Visit www.pensco.com.

SOURCE PENSCO