DCG’s team of consultants and professionals has a wide range of knowledge and first-hand experience in the banking industry.
George K. Darling, Chief Executive Officer
George is the Chief Executive Officer of Darling Consulting Group (DCG), a firm that provides comprehensive business solutions to financial institutions, primarily in the areas of Balance Sheet Management and Strategic Planning.
George’s professional experience includes: thirty years with his own company, two years as a senior executive with a $2 billion financial institution, two years with a Big Five Accounting firm and ten years with IBM. He is a nationally-recognized resource for assisting financial institutions in the areas of interest rate risk management, liquidity management and capital planning.
George is a contributing editor to the monthly Bank Asset/Liability Management newsletter, and a co-author of The Business of Banking for Bank Directors published by Robert Morris Associates. He is a graduate of the University of Massachusetts in Amherst, Massachusetts.
Matthew D. Pieniazek, President
Matt is the President of Darling Consulting Group (DCG), working nationwide with financial institutions in the areas of asset liability management, capital management, strategic planning, and mergers and acquisitions. In addition to assisting in the development of solutions for earnings enhancement and risk mitigation, Matt is active in helping institutions manage through the rigors of the current economic and regulatory environments. He is also a frequent speaker and author on balance sheet management topics.
Prior to his 20 years with DCG, Matt was an Audit Manager and Consultant at KPMG Peat Marwick. He has his MBA from the University of Chicago, and a BBA in Accounting from the University of Notre Dame.
James D. Brown, Principal
A Principal of Darling Consulting Group (DCG), Jim works with financial institutions around the country to provide asset liability management advisory services. In addition to serving as a senior consultant, Jim mentors the firm’s newest advisors and senior financial analytics staff. His years of experience working with a diverse group of financial institutions at DCG enable him to act as a key resource for the team members who form the backbone of the firm’s balance sheet management services.
Prior to joining DCG’s predecessor company in 1981, Jim worked in both the commercial credit and operations areas of a major international bank. He holds a BA in economics from Haverford College.
Michael J. Carney, Jr., Principal
Working with a broad range of clients, Mike provides advisory services in the areas of asset liability management, strategic planning, budgeting and capital management. Mike has written and spoken for trade associations/publications on such topics as balance sheet management, selecting asset liability management software and preparing for regulatory exams. Working at DCG since 1983, he has installed and supported modeling systems for more than 300 financial institutions, and he formerly directed DCG’s financial analysis staff, overseeing the preparation of balance sheet models, reports and analyses for banks, thrifts and credit unions.
Mike is a graduate of the University of New Hampshire.
Frank L. Farone, Managing Director
Frank consults nationwide with CEOs and CFOs of banks to increase earnings through the proactive management of capital, liquidity/funding risk, and interest rate risk. He is a frequent speaker and author on topics such as industry issues and trends, funding solutions, regulatory issues, interest rate risk management, capital management, and derivatives hedging techniques.
Frank was designated a “top-rated” speaker by FMS and is well known for his popular seminar “Turbo Charging Your ALCO Process” having helped thousands of bankers across the country.
Frank is a graduate of Siena College. He lives in Winchester, Massachusetts and is an avid golfer and runner, having completed numerous marathons including several Boston Marathons over the past 25 years.
Michael R. Guglielmo, Managing Director
With over 25 years of experience in balance sheet risk management, Michael has provided technical and strategic consulting to a diverse group of financial institutions in the United States and abroad. Mike is also a frequent author and top-rated speaker on a variety of balance sheet management topics.
During his tenure at DCG, Mike has served in various capacities, including director of financial analytics. In addition, he is a technical resource for the ongoing development of many of DCG’s ALM and strategic risk management products and services. Prior to joining DCG, Mike managed the ALCO and strategic planning process for a regional bank in the northeast.
Mike is a graduate of Fairfield University with a degree in economics.
Darnell Canada, Managing Director
Darnell has been working at Darling Consulting Group since 1996. As a Managing Director, Darnell has experience working directly with community banks and credit unions, providing guidance and advice on ways to improve financial performance through proactively managing balance sheet risks and prudently making use of capital markets instruments. Additionally, Darnell counsels financial institutions that seek independent guidance on enhancing the overall effectiveness of their ALM processes. He is a writer on various topics related to asset liability management and is a contributor to several professional publications. He is a speaker and active educator, who has enjoyed participating in a wide range of educational programs for the banking industry, including the ABA’s Stonier School of Banking.
Prior to joining DCG, Darnell was a field office examiner with the Federal Deposit Insurance Corporation (FDIC) in the department of Safety and Soundness. He has received a BS in finance from Bentley College and a MS in finance from Boston College.
Keith Reagan, Managing Director
Keith is a Managing Director at Darling Consulting Group. He has 20 years of experience working directly with community banks helping them improve their overall performance through proactive management of liquidity, interest rate risk and capital and by developing strategies that best fit the risk/return dynamics of their balance sheets. Keith has served on the faculty of ABA’s Stonier School of Banking, has written many articles for a variety of professional publications and is the editor of DCG’s monthly periodical, the DCG Bulletin.
He received a BS in business administration/finance from the University of New Hampshire. Keith lives in southern New Hampshire with his wife and two children.
Robert M. Lallo, Managing Director
Bob has an extensive background in community banking. Prior to joining DCG, he served as executive vice president and CFO for a publicly traded savings bank as well as several years as an audit manager at a worldwide public accounting firm.
Bob is a graduate of Boston College, with BA degrees in accounting and finance.
Jeffrey A. Reynolds, Managing Director
After serving as an auditor in the insurance and banking industries, Jeff joined DCG in 1996. His analytical and managerial skills led him on a career path within DCG that culminated in his current role as Managing Director. In this capacity, Jeff’s primary responsibility is advising clients on ways to enhance earnings while more effectively managing their risk positions. He regularly assists clients with strategic and capital planning projects and has also served on numerous due diligence teams for client acquisitions. Jeff is a frequent author and speaker on a variety of balance sheet management topics and has served as a guest faculty member for the ABA’s Stonier Graduate School of Banking.
An Eagle Scout, Jeff volunteers in his community as a Boy Scout leader and assists with leadership development programs. He received a BS degree in Business Administration from Salem State College in Massachusetts.
Patrick Ward, Managing Director
Patrick is a Managing Director at Darling Consulting Group. His primary focus is providing balance sheet management to financial institutions. He utilizes his 30 years in banking to provide advice in the areas of pricing, fixed income, asset liability management and capital.
Prior to joining DCG, he was a senior vice president of a large publicly traded regional bank in New York where he developed, executed and evaluated all of the bank’s ALM strategies and tactics. In addition, he directed the bank’s fixed income portfolio ($1.4 billion) and participated in several M&A due diligence reviews.
Patrick has a degree in economics from Hamilton College. He lives in upstate New York with his wife and two children, who happen to be twins.
Drew H. Boecher, CFA, Managing Director
As a Managing Director at Darling Consulting Group (DCG), Drew brings two decades of experience evaluating asset liability management. His unique combination of regulatory and private sector experience provides modeling insights to improve strategic decisions.
As a consultant, Drew’s experience spans the spectrum from top Fortune 500 firms to very small firms. His advisory skills were procured to lead an asset liability management review for a global systemically important financial institution (GSIFI) and he consistently develops systems to help internal teams solve complex business problems at entities of all sizes.
During his FDIC career, Drew’s asset liability management knowledge was drawn upon to develop regulatory training materials used by multiple agencies, and he was a key contributor to 2007 “war game” simulations, creating scenarios similar to events that actually unfolded in late 2008.
Drew has a passion for learning and has remained an active CFA Institute volunteer for over 15 years.
Keri Crooks, Managing Director
Keri joined the DCG team in 2002. She presently consults directly with ALCO groups and boards of directors at banks and credit unions in the area of asset liability management with the goal of enhancing high performing institutions. She takes a hands-on approach at developing strategies to best fit the risk profile for each bank’s balance sheet, while also balancing trends and pressures alive in the current industry.
Additionally, Keri remains actively involved in advancing Liquidity360°, DCG’s proprietary liquidity risk management software, and is a frequent author on balance sheet management topics.
Keri received a BS in business administration/finance from the University of Massachusetts at Lowell and currently resides in southern New Hampshire with her family.
Vinny Clevenger, Senior Consultant
Vinny is a Senior Consultant at DCG. In this position, he currently advises financial institutions on balance sheet management strategies. He takes a practical approach to the demands that the economic and regulatory environment place on his clients. Since joining the firm in 2003, he has worked in a number of capacities within DCG assisting clients in all aspects of ALM including process reviews, model validations, policy reviews, capital management and contingency liquidity planning.
He also serves as the Product Manager for DCG’s capital planning and stress testing products where he is responsible for developing dynamic business plans which are designed to provide a pro-forma view of the capital profile of an institution.
Prior to DCG, Vinny worked in public accounting. He holds a BS in accounting from Merrimack College in North Andover, MA, where he served as a captain of the Men’s Division 1 Ice Hockey Team.
Steve Boselli, Senior Consultant
Steve is a Senior Consultant at DCG, where he works with financial institutions of all sizes across the country on balance sheet management strategies. He takes a hands-on approach in developing bank/credit union-specific strategies to best fit the risk profile for each institution’s balance sheet, while also balancing the regulatory demands/pressures in the current environment.
Since joining the firm in 2005, he has held various positions within DCG, assisting clients in all aspects of ALM, including quarterly ALM modeling for advisory clients, process reviews, model validations, policy development/reviews, strategy development sessions, capital management/planning and contingency liquidity planning.
Prior to joining DCG, Steve worked for a small investment firm for three years. He holds a BS in both accounting and finance from Syracuse University, where he served as a captain of the Men’s Division 1 Crew Team in both his junior and senior years.
Mark A. Haberland, Managing Director
Mark is a Managing Director at Darling Consulting Group. In this role, Mark works directly with financial institutions to help provide solutions for their asset liability management process. He provides support to clients in the areas of liquidity risk management, ALM modeling, regulatory compliance and executive level education.
Mark has been with DCG since 1997, starting his career as a financial analyst before being promoted to a team manager and eventually Director in the analytics department. He has nearly 20 years of experience in the banking industry in the areas of asset liability management and bank auditing.
Mark lives on the north shore of Boston with his wife and two children. He is a graduate of St. Michael’s College in Vermont with a degree in accounting.
Joe is the Manager of Client Services at Darling Consulting Group. In this capacity, he works directly with financial institutions to help provide solutions for their asset liability management process in the areas of interest rate risk, liquidity risk management, ALM modeling, regulatory compliance and executive level education.
Joe also oversees DCG’s contingency liquidity model, Liquidity360°, through the management of over 200 institutions with a focus on operational and contingency liquidity management, product development and regulatory compliance.
Joe has been with DCG since 2005 where he started out as a financial analyst. He lives in Portsmouth, NH where he is an active member with the Big Brother’s Big Sister’s program. Joe is a graduate of University of New Hampshire with a degree in finance.
Judi Kenney, Director of Risk Management Analytics & Validations
Judi is currently the Director of Risk Management Analytics & Validations at DCG. She is primarily responsible for overseeing DCG’s ALM model validations and process reviews, liquidity reviews and other specialized services. In this capacity, she regularly assists institutions of varying asset sizes throughout the country on their risk management processes while overseeing a team of highly skilled consultants.
Judi has over 20 years of banking industry experience with over 15 years in the area of asset liability management. Prior to being named Director, Judi was a Manager within the Financial Analytics department at DCG, where she managed a team that provided custom modeling and strategy simulation services for DCG advisory clients nationwide.
Judi’s education includes an MBA from Boston University and a BS in accounting from Syracuse University. She lives north of Boston with her husband and two children.
Justin leads DCG’s financial analytics group with a team of 15 analysts in support of over 150 institutions in building ALM models, providing model assumption guidance, regulatory support and balance sheet management education.
In addition, Justin plays an active role in the development of the firm’s product offerings including DCG’s deposit product, which helps institutions gain insight into their customers’ behaviors and develop empirical support for the critical assumptions used for income simulation, economic valuation and funds management.
Justin joined DCG in 2003 as a financial analyst and has progressed to his current role. He began his career at The Gillette Company rotating through several finance positions. He received his BS in Finance from Bentley University and his MBA from Babson College. He lives North of Boston with his wife, twin sons and daughter.