Our Team

Carl P. Sherr

Carl founded the firm in 1964 and remains actively involved in the business. Prior to starting his own company he was a stock broker at an independent firm in Worcester. In the mid 1970’s he was one of the first ‘discount brokers’ in Massachusetts.

In the 1980’s and 1990’s he expanded the operations to include NASDAQ market making providing liquidity and a market place for many local and nationally traded companies. He also continues to handle institutional orders, corporate buybacks and 144 transactions.

Carl has extensive knowledge and regulatory experience serving in many roles at the NASD (now called FINRA).
Some of his regulatory accomplishments include:
- Chairman of the NASD District 13 Business Conduct Committee – 1981
- Chairman of the Board, NASD – 1984
- Chairman of NASDAQ – 1985
- Founder and Chairman of the NASD Market Surveillance Committee – 1985-86
- Founder and Chairman of the NASD Small Firm Advisory Committee – 1999-2001

His Certifications include:
- General Securities Representative (NASD Series 7)
- General Securities Principal (NASD Series 24)
- Equity Trader Limited Representative (NASD Series 55)
- Arbitration

Carl has been active in the Worcester community for over 40 years and involved in many non-profits, religious organizations and as an advisor to business entities.