Kemp H. Hanley, CPA, CFA
AREAS OF EXPERTISE
• Operational Due Diligence
• Financial Analysis
• Investment Analysis
Kemp H. Hanley currently serves as Chief Financial Officer for FactRight. He began working with FactRight in early 2010 as a consultant and held the position of Vice President – Financial Analysis to October 2020.
Kemp brings an exceptional combination of experience to his position. As a Certified Public Accountant and holder of the Chartered Financial Analyst designation, Kemp’s expertise lies in the financial and analytical areas. Kemp’s practical experience as an assistant portfolio manager, senior analyst, fund sponsor, fund manager and real estate investor enables him to both grasp the complexities of investment managers and understand the needs of the broker dealer’s and other consumers of FactRight’s products. Kemp is driven by a desire to learn, improve and assist others in making informed decisions.
Kemp has sat on both sides of the due diligence table, as an investment manager and sponsor of investment products and as a due diligence analyst. As a sponsor, Kemp witnessed firsthand a need for a more concise and in-depth due diligence process. Based on his previous experience, Kemp believes his highest and best use is in contributing to that effort.
- Bachelor of Science, Business Major, Economics Minor, Skidmore College
- Award in Accounting, University of California at Los Angeles
- Certified Public Accountant
- Chartered Financial Analyst
- Member, CFA Institute
- Member, CFA Society of Denver
- Member, ADISA
- Award in Human Relations, Dale Carnegie Institute
- Excellence in Automation, OppenheimerFunds
Recent Blogs from FactRight
- Loan Guarantee Fees in Investment Programs: Risk Compensation or Rent Seeking?by firstname.lastname@example.org (Kevin Kirkeby) on November 20, 2023 at 7:53 pm
Company owners and other executives often receive compensation for providing a personal guarantee to a commercial loan their investment program is seeking. The size of this personal guarantee fee varies considerably, as does the level of disclosure. We believe the personal guarantor should be compensated, but it must be commensurate with the risk the guarantor is taking on. Drawing upon FactRight’s experience in reviewing private real estate and other alternative investment programs, this blog post focusses on personal guarantees (rather than corporate guarantees), discusses the typical range of fees, and reviews the factors that influence a reasonable fee amount.
- FactRight Takes Salt Lake Cityby Kate@FactRight.com (Kate Stephany) on September 7, 2023 at 5:11 pm
*Olympic Trumpet flair*
- Navigating the Cap Rate Landscape: How Real Estate Cap Rates Relate to Real Interest Ratesby Jeff.B@factright.com (Jeff Baumgartner) on August 9, 2023 at 6:02 pm
With limited success for centuries, astronomers charted the stars with hopes of better understanding the universe until one day when Copernicus suggested that the earth was orbiting the sun. Once his epiphany was fully understood, empires could navigate the globe with unprecedented precision by knowing exactly where they were by looking up at the stars. Today, there is no shortage of cap rate/interest rate correlation theories in our industry. Perhaps more fully understanding commercial real estate cap rates and their orientation to interest rates can aid alternative investors in navigating the horizon of real estate investment opportunities.
- FINRA Regulatory Notice 23-08: Building on Regulatory Notice 10-22 to Develop More Robust Due Diligence of Private Placement Offeringsby email@example.com (Jacob Heidkamp) on June 28, 2023 at 6:26 pm
FINRA recently released Regulatory Notice 23-08, which provides a reminder to FINRA members of their reasonable investigation obligations when selling private placement investments to their clients under Regulation D. The Regulatory Notice marks FINRA’s first substantial discussion of due diligence related to private offerings since Regulatory Notice 10-22, which was released in April 2010, and forms a crucial part of the foundation of broker-dealer due diligence practices in satisfying their reasonable investigation requirements for offering private placement investment opportunities for their clients. While Regulatory Notice 23-08 does not create new legal or regulatory requirements or new interpretations of existing regulations, the notice does identify areas for consideration and focus for FINRA members in establishing new or modifying existing practices, based on certain observations and examples that FINRA has included in the Regulatory Notice 23-08. In this blog, we will explore some of these areas of focus and some practical steps broker-dealers can take to enhance their due diligence practices based on areas identified in Regulatory Notice 23-08.
- Not All Units Are Created Equal in Broker-Dealer and RIA-Distributed Investment Programsby firstname.lastname@example.org (Gail Schneck) on June 13, 2023 at 3:44 pm
This blog looks at what unit pricing in an investment program offering means to your investors and how to determine whether such pricing treats all investors “fairly.”