Carl Marks Advisory Group announced the following promotions within its Investment banking team: Michael Flynn – Managing Director, 38; Scott Webb – Director, 30; Michael Grant – Associate, 28; and Peter Hoffman – Associate, 25.

“This group of executives represent the future of the firm, while exemplifying the very qualities that define what a Carl Marks professional stands for today — intellectual curiosity and understanding the importance of exceeding client expectations,” said Duff Meyercord, partner of Carl Marks Advisory Group.

Flynn, 38, specializes in financial advisory services in a variety of engagements, including bankruptcies, workouts, loan restructurings, due diligence, and mergers and acquisitions. He serves as an advisor to both public and private corporations regarding financial restructuring and investment banking. His experience includes assisting distressed companies with day-to-day forecasting activities, including development of pro forma financials, cash-flow management, and identification of liquidity enhancing activities. Flynn holds Series 7 and 63 securities registrations and is a member of the Turnaround Management Association.

Webb, 30, specializes in financial restructuring and investment banking, primarily responsible for debt and equity capital raise and M&A advisory services across a wide range of industries. His experience includes advising on numerous financial restructurings, including out-of-court and in-court §363 sales and internal reorganizations, as well as capital raises and mergers and acquisitions assignments. Webb holds Series 7, 63, and 79 securities registrations and is a member of the American Bankruptcy Institute.

Grant, 28, specializes in financial restructuring and is primarily responsible for evaluating and developing strategic business plans and financial models for debtors and creditors. His experience includes providing financial analysis regarding alternatives and turnaround scenarios for under-performing companies and their stakeholders in a variety of industries. Grant holds his Series 7 and Series 63 securities registrations, is member of the Turnaround Management Association and sits on the Executive Board of Silver Lining Society.

Hoffman, 25, specializes in financial restructuring and investment banking, primarily responsible for advising debtors and creditors in troubled financial situations. His experience includes advising on a variety of engagements, including workouts, loan restructurings, due diligence, and mergers and acquisitions. Hoffman holds Series 7, 63 and 79 securities registrations, and is a member of the Turnaround Management Association NextGen and New York Institute of Credit Future Leaders.