Leadership

SSC Management

We have an experienced management team with extensive experience in Capital Markets, Fixed Income Sales and Trading, Asset/Liability & Portfolio Management, and Mortgage Banking.

Michael R. Hough CEO, Mr. Hough is a co-founder

Co-founder of AC Advisors and Chairman of the Board of privately-held REIT managed by AC Advisors since its inception. He was also co-founder, CEO, and Chairman of Hatteras Financial Corp. (NYSE:HTS), a $20+ billion in assets mortgage REIT, until the sale of the company in 2016. Michael has been responsible for managing all aspects of the operations and growth of AC Advisors and the companies it manages. His 33 years in the fixed-income markets include being a senior partner of First Winston Securities, Inc. where he was a principal and in the fixed income department of Wachovia Bank N.A. where he traded and sold taxable and non-taxable securities. He holds a degree in economics from Wake Forest University and is an active member of various community non-profit and charitable boards.

Benjamin M. Hough President, COO

Ben is also a co-founder of AC Advisors and Director of privately-held REIT managed by AC Advisors. He was a co-founder, President & COO, and director of Hatteras Financial Corp as well from November 2007-2016. Ben has been responsible for all operational facets of the REITs and their subsidiaries. Prior to ACM and Hatteras, he was Vice President of institutional fixed income sales and trading for BB&T Capital Markets and head of their Winston - Salem, N.C. office; Vice President of fixed income trading and sales for First National Bank of Maryland; and Vice President of NationsBanc Capital Markets trading and sales in Washington DC. Ben holds a B.A. degree in economics from UNC Chapel Hill.

Frederick J. Boos, II Executive Vice President, CIO

Mr. Boos is also a co-founder of AC Advisors. Mr. Boos was a co-founder and CIO of Hatteras Financial Corp. Prior to joining AC Advisors, Mr. Boos had been Executive Vice President and Director of Asset Liability & Capital Management for MBNA America in Wilmington, DE. Mr. Boos has previously served as Senior Vice President and Investment Portfolio Manager for multiple regional banks throughout his 30 year banking career including Maryland National Bank, First National Bank of Maryland, Shawmut National Bank and American Security Bank in Washington, D.C. His prior bank treasury responsibilities include liquidity and risk management, capital management, economic capital planning, residential mortgage portfolio management as well as numerous bank ALCO Directorships. Mr. Boos is a native Washingtonian and has served as a past President of the Washington Association of Money Managers. He holds a Masters of Business Administration from American University, Washington, D.C. and a Bachelor of Science in Finance from the University of Maryland, College Park.

Kenneth N. Lard Managing Director

AC Advisors, since April 1, 2012, Chief Marketing Officer, a privately-held REIT managed by AC Advisors since October 1, 2007. During his time at AC Advisors he was CEO, Bradford Mortgage Company, formerly a wholly owned subsidiary of the private REIT. Prior to joining AC Advisors, Mr. Lard was Executive Vice President, Sales and Operations of Triad Guaranty Insurance Corporation from 1995 to 2006. From 1987 to 1995, Mr. Lard served as Vice President of Signet Bank in several capacities, first as Vice President Fixed Income Sales and Trading for their Baltimore office and later as Vice President Secondary Marketing for Signet Mortgage Corporation. Prior to 1987 Mr. Lard held Financial Sales and Management positions at FNB Maryland and Suburban Bank. Mr. Lard holds a Bachelor of Science degree in Business Administration from Towson University.

Brian Bartock Portfolio Manager/Head Trader

Mr. Bartock started with Hatteras Financial’s whole loan conduit, Onslow Bay Financial. Proving himself a valuable resource, he took on additional portfolio management responsibilities with AC Advisors. Before his time with Hatteras, he spent time at Wells Fargo Securities where he worked on their Agency CMO, Non-Agency RMBS trading desks and started and headed their Ginnie Mae Reverse Mortgage trading. Prior to his time at Wells Fargo he spent 6 years in Banc of America Securities’ Structured Finance Group and 2 years at PriceWaterhouseCoopers in Washington, D.C. Mr. Bartock holds dual degrees in Finance and Business Information Technology from Virginia Tech.

Brian Snyder Managing Director/Portfolio Manager

Brian Snyder CIO, Brian is also head of MBS trading at South Street Securities, and brings almost 20 years of MBS trading experience to ACM. Prior to joining South Street in 2016, he was a Director at Société Générale, responsible for trading Agency ARMs and Specified Pools. Brian joined Société Générale to start their Agency MBS trading desk, after spending 14 years as a Vice President and Mortgage Trader at Goldman, Sachs and Co. During his career at Goldman Sachs, he was responsible for trading a variety of MBS, including extensive work in Agency ARMs and Specified pools, as well as MBS Derivatives, TBA’s, and Non-Agency RMBS. Brian graduated from The Wharton School at the University of Pennsylvania with a Bachelor of Science in Economics.