The benefits of fixed rate financing through securities-based lending – TriState Capital Bank – 5.30.25

Overview:
Title: The benefits of fixed rate financing through securities-based lending
Date: Friday, May 30, 2025
Time: 1:00 PM Eastern Daylight Time
Duration: 1 hour

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Summary:



This informative webinar provides an overview of fixed rate borrowing options through securities-based lines of credit (SBLOCs). As one of the most flexible lending options available to you and your clients, SBLOCs offer access to liquidity without disrupting your clients’ investment strategies and objectives.

Discover how your clients can benefit from risk mitigation solutions such as balance sheet fixed rates and interest rate swaps. Hear about real-world examples and strategies on how to implement these customizable tools into your practice. Plus, our team will share its perspective on current market conditions.

Accepted for 1 CFP/ IWI / CFA CE Credit

Speakers:
Craig Coffey Craig Coffey National Sales Director – Private Bank Lending TriState Capital Bank

Craig Coffey, SVP – National Sales Director of Private Bank Lending for TriState Capital Bank, is responsible for creating innovative solutions to help sophisticated advisors serve their clients. Prior to joining TriState Capital, Craig cofounded O2X, where he served as general counsel and COO. He holds a bachelor’s degree in engineering from Northeastern University and a Juris Doctor degree from Boston College. Craig lives in Cohasset, MA, with his wife and two children, enjoys reading history, and has completed three 50-mile marathons.
Bart Brush Bart Brush EVP – CFO TriState Capital Bank

Bart Brush serves as Executive Vice President and Chief Financial Officer of TriState Capital Bank, where he is responsible for the Bank’s finance, capital markets, accounting, and reporting teams. As chair of the bank’s Asset and Liability Management Committee (ALCO), Bart leads capital and liquidity strategy, interest rate risk management, securities portfolio investment, and regulatory stress testing activities. He also oversees client-facing initiatives such as the marketing and execution of interest rate swaps and options and the marketing of deposit products, as well as providing other Capital Markets related products, information, and insight. Prior to joining TriState Capital Bank in 2007, Bart was part of the Financial Institutions Group at PNC Capital Markets. He holds a bachelor’s degree in economics from Harvard University as well as an MBA from The Tepper School of Business at Carnegie Mellon University. Currently, Bart resides in Pittsburgh, PA with his wife and three children, where he enjoys watching his kids play sports, spending time with friends and family, running, and coaching baseball.
Mackenzie Waychoff Mackenzie Waychoff Capital Markets Derivates Sales Manager TriState Capital Bank

Mackenzie Waychoff, Capital Markets Derivative Sales Manager for TriState Capital Bank, is responsible for providing ongoing administration and maintenance of the Bank’s interest rate swap program while maximizing swap process efficiencies across both the Commercial Bank and Private Bank. Prior to this position, Mackenzie was in the role of regional sales representative of Private Bank for TriState Capital. She has also served as a loan application reviewer for the Bank. She holds a bachelor’s degree in Psychology from Penn State University, as well as series 7 and 63 securities licenses.
TriState Capital Bank is a Pennsylvania-chartered bank. Securities-based lending is a non-purpose margin loan secured by eligible, marketable securities. It is non-purpose because the proceeds of the line of credit cannot be used to purchase or carry securities. Securities-based lending has special risks and is not suitable for all investors. The risk of securities-based lending include: (i) market fluctuations that may cause the value of pledged assets to decline, (ii) a decline in the value of the pledged securities that could result in selling the securities to maintain equity, and (iii) possible adverse tax consequences as a result of selling securities. Fluctuations in market interest rates could also affect the applicable index rate that applies to your line of credit causing the cost of the credit line to increase significantly. The interest rates charged on lines of credit backed by securities are determined in part by the line of credit amount as outlined in the loan documents. An interest rate swap is an independent agreement between two parties in which one agrees to pay a fixed rate of interest, and the other agrees to pay a floating rate of interest, for an agreed-upon notional (principal) amount. No principal changes hands; instead there’s simply an exchange (or swapping) of interest payments for a set period of time at a rate derived from market expectations, at the time of execution of the swap. A floating rate loan and an interest rate swap together create a “synthetic” fixed-rate loan.