Capitol Securities Management Hires Joe Malave as Vice President, Investments

Capitol Securities Management has hired Joe Malave, CFP®, as Vice President, Investments, the firm said in a PR Newswire announcement dated November 6, 2026. Malave brings more than 30 years of financial services experience and will continue serving individuals, families and professionals through Optimal Wealth Management. Katy Carrigan joins as his office manager.

Malave's Career and Sarasota Practice

Malave began his financial services career in 1994. He has held financial advisory positions with Raymond James, UBS and NFP Securities, and he started as a registered principal overseeing four Cigna Financial Advisors offices in Southern California. He later served as a regional vice president for Allianz, Pacific Life and Transamerica.

Malave holds the CERTIFIED FINANCIAL PLANNER™ certification and earned a bachelor's degree in economics from the University of Connecticut, completing coursework toward an MBA. He serves on the Board of Directors of Project 180, a Sarasota-based nonprofit focused on reducing recidivism and supporting reintegration. A Newington, Connecticut native, he lives in Sarasota and has two daughters, Layna and Nora.

Carrigan, a Sarasota native, joins Malave from Raymond James, where she has worked since 1999. Her industry experience spans corporate technology, communications, business planning and operations. Capitol Securities describes itself as a regional brokerage and investment advisory firm based in the Mid-Atlantic with locations from New England to Florida, serving clients since 1985. The firm maintains a clearing relationship with Raymond James and is a member of FINRA and SIPC, according to its website.

Mesirow, LPL and UBS Advisor Moves

Mesirow announced Shawn Beber as its next CEO on November 3, 2026, with the board voting unanimously, PR Newswire reported. Beber previously led CIBC Bank USA and oversaw the $5 billion Private Bank acquisition; Mesirow holds $410.3 billion in assets under supervision as of September 30, 2026.

LPL Financial said on November 3, 2026 that advisor Joe Borgese of Contour Wealth Management joined its platforms, serving approximately $390 million in assets, Stock Titan reported. Raymond James added a financial advisor team from UBS overseeing more than $700 million in client assets, Financial Advisor IQ reported on November 4, 2026.