Capital Services Group Adds Crowdfunding Expert, Dr. Richard Swart, to Its Board of Directors

San Diego-based Capital Services Group, Inc. announced on Thursday (November 20th) that crowdfunding expert Richard Swart, who has served on the Company’s advisory committee since April, has been appointed to the Company’s board of directors.

Capital 2Founder and CEO, Thomas Carter, stated, “As an advisor, Richard has been tremendously helpful as a resource to our efforts and business strategy. We are pleased to have him play a more consistent role at Capital Services Group as a full-time Director. His experience and understanding of the landscape for capitalizing early stage companies with funding models that are complimentary to the Rule 506c format, will be a tremendous asset to our planning and execution of EquityRound.com, our recently announced managed platform which will enable companies to more efficiently, and in a compliant manner, raise capital and articulate their value proposition. In addition, Richard’s presence on the Board will be instrumental in supporting our commitment to best practices in corporate governance and compliance as it relates to our advisory services to client firms undertaking Rule 506c offerings.”

Richard SwartDr. Richard Swart is a PhD in Information Systems, an international award-winning academic and a recognized thought leader in the crowdfunding industry. He is a founding member of the Crowdfunding Professional Association (CfPA), the Crowdfunding Intermediary Regulatory Advocates (CIFRA), and an early leader in the field. Mr. Swart co-organized the first major national conference on crowdfunding and coordinated several educational events on the JOBS Act throughout the United States.

He is currently Director of Research at the University of California, Berkeley’s Program in Innovation in Entrepreneurial and Social Finance which is dedicated to academic research on crowdfunding. In addition, Mr. Swart was the lead author of the World Bank report on the potential impact of Crowdfunding and has consulted and spoke on crowdfunding and alternative finance internationally.

Mr. Swart leverages over 20 years’ experience in the entrepreneurial ecosystem, proven leadership, academic rigor, deep connections across the US, and his extensive network to help educate and mentor firms, policy holders and businesses. He has played a critical role behind the scenes helping drive crowdfunding forward in Washington, DC since the passage of the JOBS Act and is a highly trusted expert resource for governments, academics and crowdfunding platforms.

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