David Magli COO & General Counsel Tel. 847.991.6622

As General Counsel and Chief Operating Officer, Mr. Magli is responsible for managing the day-to-day operations, regulatory and legal affairs of the firms investment banking, capital markets, investment, and broker-dealer operations. Mr. Magli regularly advises The Hovde Group's representatives and clients on legal and business issues relating to M&A and financial advisory services and transactions, capital raising and other corporate offerings and financings, as well as private equity and hedge fund transactions, and the underwriting of mutual-to-stock conversions. Mr. Magli is a member of the firms internal investment and capital committees and oversees all compliance matters for the firm.

Prior to joining The Hovde Group, Mr. Magli served as Senior Vice President and Associate General Counsel of Hovde Capital Advisors, a registered investment advisor, where he oversaw day-to-day compliance and legal operations for the firm and its series of hedge funds and private equity funds. Mr. Magli was also formerly the Chief Operating Officer and General Counsel of Global Publishers, a diversified publishing company headquartered in Milwaukee, WI, and the President and General Counsel of Ault Glazer & Company, a boutique financial services company in Los Angeles, CA engaged in asset management, brokerage, and private equity activities.

Throughout his career, Mr. Magli has regularly represented some of the top Fortune 500 financial services firms in the United States; including pension funds, insurance companies, hedge funds and private equity firms, BDCs, investment advisors and broker-dealers, as well as merchant/investment banks. Mr. Magli has actively counseled portfolio companies in the financial services, healthcare, real estate, publishing, entertainment, and technology industries. He also has been actively involved in providing strategic business advice to many start-ups, emerging market and established portfolio companies.

Mr. Magli was previously an associate at Sutherland Asbill & Brennan LLP, an AmLaw 100 firm located in Washington, D.C., where his area of concentration was corporate and securities law, focusing on the establishment and operation of investment banks, asset managers, hedge funds and private equity funds, as well as the regulation and operation of investment advisers and broker dealers.

Mr. Magli received his JD/MBA, cum laude from American University and his bachelor’s degree in Finance from Georgetown University. Mr. Magli is a licensed attorney in New York and Washington, D.C. Mr. Magli is also licensed with the Financial Industry Regulatory Authority as a registered representative and holds the following licenses: Series 24, 79, 99 and 63.