Daily News: September 24, 2018

Foxhoven Joins PENSCO Trust as VP/Head of Operations


Twenty-five year industry veteran David Foxhoven joined Opus Bank subsidiary PENSCO Trust as vice president, head of Operations.

“We are proud to have David join PENSCO to lead our Operations team,” said Curtis Glovier, PENSCO chairman and CEO. “David’s varied and accomplished operations background makes him an outstanding addition to our team. He brings to PENSCO not only years of experience in financial services operations, but also deep experience in technology with a focus on operational excellence and the client experience.”

“What really attracted me to PENSCO was its reputation among top-shelf broker-dealers as well as PENSCO’s commitment to transforming the industry with its award-winning Alt-Nav technology that makes it easy to invest in alternative assets using retirement dollars,” said Foxhoven. “I look forward to contributing to the continued transformation of this industry.”

Foxhoven most recently served as served as executive vice president, chief operations & technology officer at SRS Acquiom. While there, he was responsible for the firm’s Operations, Technology, Project Management Office, and Product teams. From 2014 to 2016, Foxhoven served as executive vice president, head of Technology and Operations with ProShare Advisors and as senior vice president, head of Denver Operations for Brown Brothers Harriman & Co. between 2010 and 2013. Foxhoven began his career in 1991 with Merrill Lynch before serving in various roles at Oppenheimer Funds between 1996 and 2010.

PENSCO Trust is an alternative asset IRA custodian with $14 billion in assets under custody and nearly three decades of expertise providing custodian services for self-directed individual retirement accounts, qualified plans, and other self-directed accounts that are invested in alternative assets.