As a successful attorney and financial advisor, Marc Reston focuses on using his knowledge and expertise to help businesses and nonprofits of all sizes. Currently employed as an attorney with Chadbourne & Parke, Mr. Reston has a primary office in Washington, DC; but, he also maintains a residence in his hometown of San Francisco. He also is an active contributor to many charities and civic institutions and has done his fair share of work for them, including establishing a US office for a London-based humane society in California and acting as the interim chief operating officer for an art museum.
His career bridges the gap between law and finance; and he has demonstrated competency in both. He established his own practice in San Francisco, California for a time; however, he is quite comfortable with his most recent move.
Marc Reston received his Bachelor of Arts degree from Columbia University, where he graduated magna cum laude; he is also a lifelong member of Phi Beta Kappa. After his stint at Columbia University, he earned a law degree from the University of Pennsylvania and an MBA in finance and economics from the University of California, Los Angeles, where he graduated with honors. He is a member of both the New York State Bar and the District of Columbia Bar.
Incredibly gifted at organizing his knowledge into the written word, Mr. Reston has had two of his works published. His first article “The Taxable Municipal Tender Obligation — a Cost-Effective Means of Issuing Taxable Debt” was released in 1986 by the Municipal Finance Journal. “Leveraged Leasing by Municipalities: The New Way of Doing It” came out in 1997 through the Equipment Leasing Newsletter.
After practicing securities and capital markets law for several years with a major firm in New York City, Mr. Reston transitioned into investment banking and joined Smith Barney. He began his new career in the firm’s main office in New York City and then moved to the company’s rapidly-growing San Francisco office. He served as a vice president with Smith Barney from 1983 to 1990. While there, Mr. Reston specialized in public power and infrastructure finance.
Mr. Reston later moved on to Prager, McCarthy & Sealy in San Francisco, serving as a general partner and managing director until 1996. He worked within the investment banking group and focused on nonprofit and government clients. While at Prager he successfully structured the firm’s first foreign debt transaction--a $150 million medium-term note issue for one of the largest mass transit systems in Asia.
Marc Reston then moved to D’Accord Financial Services, Inc., which also is located in San Francisco. While he was with D’Accord (a municipal leasing group that was later acquired by Dresdner Kleinwort Wasserstein), Reston completed more than $500 million in transactions involving leasing projects, partnerships, and joint ventures. Among other things, he delivered $20 million in tax benefits to a major U.S. city transit authority through the structuring and implementation of an innovative $330 million leveraged leasing transaction.
Thereafter, he became a senior vice president for Siebert, Brandford, Shank & Co., a nationwide public finance investment bank. During his time there, he managed and underwrote municipal and tax-exempt bond issues and advised government and nonprofit organizations. During his two years at Seibert, Marc Reston produced more than $500,000 in annual revenue and negotiated $300,000 in leasing transactions.
Mr. Reston co-founded Morningside Capital Markets Group in 2001. While at Morningside, Reston specialized in creating debt and infrastructure financing strategies and investment programs for nonprofits and other agencies. One of his more notable achievements involved developing and managing a capital funding campaign for the construction of a $100 million cultural and educational campus in San Mateo County, just south of San Francisco. He also developed four public-private partnerships to help grow businesses in economically deprived regions in New Mexico and Arizona.
Mr. Reston returned to law in 2004. From 2004 to 2008, Marc Reston managed his own private practice in San Francisco. As an attorney, he specialized in project management, tax-exempt bond finance, and other legal issues confronted by nonprofit organizations. He counseled these nonprofit groups on tax-exempt compliance matters. He also helped them to create fundraising strategies and to develop capital financing plans.
While managing his own practice, Reston was appointed as the interim executive director for an animal welfare organization based in London. His task was to establish the organization’s first US office. This undertaking required legal, financial, and facility-related planning, as well as operating expertise. As an active community supporter, Reston was also appointed as the interim COO and general counsel for the Asian Art Museum of San Francisco. As COO, one of his greatest challenges was to help negotiate a sensitive, politically-charged dispute between the Chinese Consulate and the Art Museum pertaining to the launching of a Tibetan art exhibition.
In 2008, Mr. Reston joined the Washington, D.C. office of the law firm, Chadbourne & Parke, where he continues to work today. At Chadbourne & Parke, Reston is actively engaged in project finance, banking, and corporate governance. He also deals with reinsurance and restructuring matters for large corporations and nonprofit organizations.
Mr. Reston’s career took many turns before ultimately leading to success; however, the experience that he has gained has proven invaluable. He is a superb, collaborative leader and is capable of managing projects for corporations as well as nonprofit organizations. As an attorney, investment banker, and insurance expert, he has developed the capability to work with cross-industry cases and to save hundreds of millions of dollars for his clients.
His career experience shows that he has developed a firm sense of what it means to become a professional in any setting. Whether dealing with complex tax matters or intricate multi-million dollar transactions, Reston has remained focused and professional. Companies are always on the lookout for multi-talented, well-versed employees to fill various roles. Having employees who have the ability to cross-over industries, as does Mr. Reston, is an extraordinarily valuable commodity for employers.
Mr. Reston’s career has taken the better part of three decades to progress as far as it has today. He is looking forward to many more years of success, as he plans to refine his career and to branch out into other areas of law and finance.
Marc Reston hopes to continue his career for a long time. Becoming successful in any industry takes commitment and a future-oriented outlook. Cross-industry experience, such as that illustrated by Mr. Reston’s career, is a valuable asset for any employer. Mr. Reston has turned his career into more of a passion than a job, which is a goal that anyone in business would hope to achieve. He has truly developed a wealth of professional experience that encompasses numerous fields of study.
In his personal life, Marc Reston is an avid reader; he especially enjoys literary fiction, biographies, cultural criticism, and philosophy. He has a passion for the outdoors and loves photographing nature scenes, a hobby which he has pursued throughout his entire life. He is also moderately fluent in Spanish. When Mr. Reston is not working or engaging in his favorite hobbies, he loves to spend time with his family.