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James V. Elliott

Original founder of the predecessor of WBC Financial Group in 1985, Jim Elliott has 30 years of experience in the financial institutions sector. He has held very senior posts in the U.S. government and private sectors, most recently as Executive Vice President and Managing Director for United Kingdom operations at Providian Financial Corporation. In June of 2003 Mr. Elliott left the Board of Directors of Providian to devote full time to WBC Financial Group. Jim’s areas of expertise are:

·        Credit cards;

·        Structure and function of the General Counsel position; and

·        All aspects of regulatory relations.

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Paul G. Nelson

Paul Nelson has worked in financial services regulation since 1975.  Paul assumed leadership of WBC Financial Group's predecessor organization in 1989.  He has held senior positions at the Comptroller of the Currency, the U.S. House Banking Committee, PricewaterhouseCoopers, and at a commercial bank subsidiary of a major foreign bank. Paul’s areas of expertise include:

·        Compliance, including anti-money laundering;

·        Internal controls and corporate governance; and

·        Private banking, trust and investment management.

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Paul Allan Schott

Allan Schott has had a distinguished 30 year career in financial services in both the United States government and private sectors. He has held high positions with the Federal Reserve System, Treasury Department and as General Counsel with the Comptroller of the Currency. In the private sector, he was National Director for Bank Regulatory Services at Coopers & Lybrand and was lead partner in the money laundering area at PricewaterhouseCoopers LLP. Allan currently consults for the World Bank on matters relating to the establishment of appropriate anti-money laundering regulation in developing countries. Allan’s areas of expertise include:

    • All aspects of anti-money laundering;
    • Bank and bank holding company powers; and 
    • Electronic banking.

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