GemCap is expanding its portfolio management department with the addition of Ashley Eckels and David Arzumanov as senior collateral analysts. Prior to joining GemCap, Arzumanov was a financial advisor at Waddell and Reed, where he obtained a FINRA Series 7 license and Series 66 license. Eckels was an accounting office coordinator at SB Capital Group, where she managed accounting for a subsidiary.

“We are happy to welcome Ashley and David to GemCap,” said Richard Ellis, co-president of GemCap. “They are a great addition to our expanding team”.

Additionally, GemCap announced the opening of a new office location in Columbus, OH, which will be managed by Jim Thieken, executive vice president at GemCap.

“Having a mid-west office is part of our strategic growth plan,” says David Ellis, co-president. “We are excited to have Thieken on board to oversee this new location”.