Tom Ricketts

Chairman

Tom Ricketts

Tom Ricketts co-founded Incapital in 1999 and served as its CEO until 2009.

As CEO, Mr. Ricketts created Incapital’s flagship InterNotes Platform and then led the firm's diversification initiatives in underwriting and distributing certificates of deposit, agencies, mortgage-backed securities, structured notes, preferred stock offerings and annuities. In 2009, Mr. Ricketts became Executive Chairman of the Chicago Cubs after leading the Ricketts Family acquisition of the team.

A Chartered Financial Analyst, Mr. Ricketts earned a BA and an MBA from the University of Chicago. He was the University of Chicago’s Booth Graduate School of Business Distinguished Young Alumnus for 2005. From 2002 until 2007, Mr. Ricketts served on the Board of Directors of TD Ameritrade Holding Corporation. Prior to co-founding Incapital, he was a Vice President and Investment Banker for The Chicago Corporation and the brokerage division of ABN AMRO Inc. Before that, he was a market maker on the Chicago Board Options Exchange. 

John D. DesPrez III

Chief Executive Officer

John D. DesPrez III

John D. DesPrez III, a prominent executive in the wealth management and insurance industries, was appointed Incapital's Chief Executive Officer in January 2015. Mr. DesPrez previously served as CEO of John Hancock Financial Services and as Chief Operating Officer of Manulife Financial Corp., one of the largest diversified insurance groups in the world. 

Mr. DesPrez oversaw the U.S. operations of Manulife for 10 years, during which time the company purchased John Hancock. As CEO and President of John Hancock Financial Services, Mr. DesPrez oversaw a broad-based financial services operation with multiple business lines, including annuities, mutual funds, group pensions, college savings plans, structured financial products, managed accounts, and life and long-term care insurance. In addition to Manulife’s U.S. operations, Mr. DesPrez was later also given responsibility for Canada and Asia, and then became COO with oversight of all the firm's operating businesses around the globe.

Subsequent to leaving Manulife, Mr. DesPrez served as an advisor to a prominent family office in Florida, a large Canadian pension fund, and to several private equity firms. A native of Cleveland, Mr. DesPrez majored in economics at Harvard College and graduated from law school at Georgetown University. He previously served on the Board of Governors of the Investment Company Institute and the Board of Directors of the American Council of Life Insurance, both in Washington, D.C. Mr. DesPrez continues to serve on the Board of the Institute of Contemporary Art in Boston.

Tom Belka

Chief Financial Officer

Tom Belka

Tom Belka joined Incapital in 2000. He directs the firm’s financial activities, including general accounting, financial analysis, budgeting, and preparation of regulatory and management financial statements. In addition, he oversees the risk management group and back-office operations.

Prior to joining Incapital, Mr. Belka served as Assistant Vice President in ABN AMRO’s futures accounting division and as an auditor in the financial surveillance group for the Chicago Board of Trade, now the CME Group. He also spent four years in the U.S. Air Force.

Mr. Belka is a CPA (inactive), has a BS in accounting from the University of Illinois at Chicago, an MBA from the University of Illinois, and has attended the Emerging CFO program at Stanford University.

A. Brad Busscher

Chief Administrative Officer and General Counsel

Brad Busscher

Brad Busscher is Chief Administrative Officer, General Counsel and Corporate Secretary of Incapital and is responsible for overseeing the legal, compliance and technology departments. He is also a member of the Incapital Executive Committee.

Prior to joining Incapital in 2009, Mr. Busscher served as General Counsel and Corporate Secretary of Mesirow Financial, where he was a member of the Executive Committee, supported a diverse group of operating entities engaged in brokerage, asset management, insurance, private equity and hedge fund of funds activities and participated in several material acquisitions by the firm. Before that, he held senior level positions at Van Kampen Investments - a unit of Morgan Stanley, and Kemper Securities / EVEREN Securities, Inc. / First Union Corporation (n/k/a Wells Fargo Advisors). He also served as a Branch Chief of Enforcement of the U.S. Securities and Exchange Commission (SEC) and began his career in private practice in Miami, Florida.  

Mr. Busscher holds a BA from Cornell University, a JD from the University of Miami and an MBA in Finance and Accounting from the University of Chicago Booth Graduate School of Business. He recently completed his term as a Director of the National Society of Compliance Professionals, published a chapter in a securities treatise (“Corporate Transactions: The Role of Compliance”), and is a frequent speaker on securities regulatory issues.

Laura Elliott

Managing Director, National Accounts

Laura Elliott

Laura Elliott helped co-found Incapital in 1999. As head of national accounts and industry relations, she specializes in business development and relationships with Incapital's top-tier clients.

Previously, Ms. Elliott worked at ABN AMRO as Syndicate Manager for the GMAC SmartNotes program, responsible for all dealer relationships. Prior to ABN AMRO, she was at Mesirow Financial for nine years, working consecutively in compliance, retail and institutional sales, and high-yield trading.

Ms. Elliott earned her BS in education from the University of Alabama. She has served as a member of the Bond Dealers of America board and the SIFMA Retail Fixed Income committee. She belongs to the Women’s Syndicate Association and the Security Traders Association of Chicago.

Steve Giles

Chief Operations Officer

Steve Giles

Steve Giles oversees information technology infrastructure, application development and business analytics.

Prior to joining Incapital, he spent 21 years at Manulife Financial and its U.S. division, John Hancock. While there, he held a variety of operations management positions, including most recently, Vice President of General Account Investment Operations. His experience includes mutual funds, variable annuities, fund administration and investment operations.

Mr. Giles earned a BS in Business Administration from Northeastern University and an MSF from Boston College. He is an active participant in the Northeastern University community, where he previously served on the Board of Visitors for the Business School and the MBA Finance Career Track Advisory Committee and as a judge at the University’s annual international business case competition. He holds Series 7 and 24 licenses.

Hugh McHaffie

Managing Director, Head of Wealth Management Solutions

Hugh McHaffie

Hugh McHaffie leads Incapital’s development and distribution of market-linked products and annuities through its expanding presence in the financial advisor, banking and broker-dealer communities.

Mr. McHaffie is a veteran of the wealth management industry, most recently having served as President of John Hancock Wealth Management, a division that offers mutual funds, retirement savings products and annuities. In addition, he oversaw John Hancock’s Investment Management Services and served as President of the John Hancock Trust and John Hancock Funds II mutual fund complexes. Previously, he was Senior Vice President, Individual Business Product Management for MetLife and served as Chairman of the Metropolitan Series Fund.

A graduate of the University of Toronto with a BA in economics, Mr. McHaffie is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Chris O'Connor

Managing Director, Fixed Income Group

Chris O'Connor

Chris O’Connor oversees Incapital’s debt capital markets business, dealer sales, institutional sales, and trading functions for Agencies, CDs, MBS and corporates. 

Before joining Incapital, Mr. O’Connor was a Managing Director at Pierpont Securities, where he was in charge of Capital Markets. Mr. O’Connor was formerly at Bear Stearns where he ran the Global Syndicate and Capital Markets business. Previously, he worked at Salomon Brothers and First Boston as a secondary corporate bond trader. Mr. O’Connor is a graduate of Washington and Lee University and has an MBA from Harvard. He also spent five years in the US Army as a Field Artillery officer.

Before joining Incapital, Mr. O’Connor was a Managing Director at Pierpont Securities, where he was in charge of capital markets. In other previous positions, he ran the global syndicate and capital markets business at Bear Stearns and served as a secondary corporate bond trader at Salomon Brothers and First Boston. Mr. O’Connor is a graduate of Washington and Lee University and has an MBA from Harvard. He also spent five years in the U.S. Army as a field artillery officer.

Sara Wehmeyer

Managing Director, Human Resources

Sara Wehmeyer

Sara Wehmeyer leads Incapital’s efforts to attract, recognize, reward and develop best-in-class talent in order to drive organizational effectiveness and productivity.

An experienced executive with direct experience in all aspects of human resources, Ms. Wehmeyer previously held a variety of roles focused on human capital within the wealth management industry. She spent 16 years at UBS Wealth Management Americas, most recently serving as Head of Talent and Development, where she partnered with the business on accelerating the firm’s wealth management transformation efforts via high-quality training, structured talent management processes and leadership bench development. She previously held a number of leadership roles including Senior HR Business Partner, Head of Compensation Strategy & Consultation, and Head of Next Gen Programs and Campus Recruiting, as well as roles in both fixed income and equity sales.  

Ms. Wehmeyer graduated summa cum laude from the Pennsylvania State University and is a frequent speaker on human capital issues.