Dan Babayan is managing director of the Securities-Based Lending group at Western Alliance Bank.
A 30- year banking veteran, Mr. Babayan leads the team that offers securities-backed lines of credit designed for clients of independent broker dealers and registered investment advisors. Borrowers for these type of credit lines include high-net-worth individuals and small business owners, allowing them to stay on track with financial goals without needing to liquidate securities.
Mr. Babayan has extensive expertise in the securities-based lending industry, with previous leadership roles at Merrill Lynch, Bear Stearns & Co., Dow Jones, Wells Fargo and City National Bank.
He earned a Bachelor of Science degree in Economics from Rutgers University and holds Series 7 and 66 licenses.
Western Alliance Securities-Based Lending, a national banking group within Western Alliance Bank, Member FDIC, equips registered investment advisors and independent broker-dealers across the country to deliver exceptional securities-based lending and private banking solutions. Relationship bankers combine in-depth experience with highly personalized service and a turnkey digital securities-based lending solution to help investment and financial advisory firms do more for their clients. The Securities-Based Lending group is part of Western Alliance Bancorporation, which has more than $65 billion in assets and ranked #1 among top-performing large banks with assets greater than $50 billion in 2021 by both American Banker and Bank Director. With significant national capabilities, the Securities-Based Lending group delivers the reach, resources and deep industry knowledge that make a difference for customers.