IRVINE, Calif.–(BUSINESS WIRE)–PCMA, the pioneer and leader in non-bank private client lending, has announced the hiring of industry veteran John Tait to serve as Vice President of Direct Channel Originations. John will lead the direct channel role in the company’s exclusive Experiential Process of Service program.
“John is a qualified financial expert in the private client space, with a deep understanding of the importance of experiential service in building client confidence,” said John Lynch, Founder and CEO of PCMA. “John’s impact on the PCMA team and culture was felt almost immediately. His addition to the team is the perfect way to kick off 2021.”
“My role at PCMA combines nearly 20 years of experience in residential lending, capital markets and wealth management into one incredible role,” said John Tait, Vice President of Direct Channel Originations. “I am joining an exceptional team at PCMA; a team that has high expertise in asset creation and customer experience at the highest levels in our industry.
Mr. Tait has nearly 2 decades of outstanding experience in mortgage banking, wealth management and capital markets. Mr. Tait served as CEO of Coastal Mortgage, Inc., which specializes in non-agency lending, and directly oversaw the operation and management of the company’s Ultra-High Net Worth portfolio loan programs.
Mr. Tait was also a FINRA and SEC registered financial advisor at Morgan Stanley Wealth Management, where he specialized in portfolio management and asset allocation for ultra-high net worth clients and worked through Morgan Stanley Private Banking to facilitate mortgage lending for private clients in the Ultra-High Net Worth credit markets.
“The mortgage market is growing at a rapid pace and this growth creates barriers to finding exceptional talent,” said Aron Rofer, President and in-house counsel at PCMA. “At PCMA, we have built an exceptional culture and team; this foundation along with the proprietary ascension methodology continues to give us an edge in talent acquisition.
PCMA is the leading non-bank private client lending organization catering to the needs of its affluent and wealthy clientele. PCMA offers qualified individuals and institutions tailored lending solutions across all major residential asset classes. PCMA is a diversified financial company providing solutions to private clients through a direct-to-consumer and retail distribution business model. PCMA strives to build trusting and lasting relationships by placing customers and business partners at the center of everything they do. PCMA is headquartered in Orange County, California. Additional information is available at www.pcma.us.com.