Carl Marks Advisors Announces Four New Hires, Promotes Paul Huettner to Director

August 4, 2022
| Press Release

NEW YORK – August 4, 2022 – Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, announced four additions to its growing team and a promotion. The expansion reflects the firm’s commitment to exceeding client expectations by building world-class teams and attracting top talent despite a challenging labor market.

“The market downturn, rising inflation and the continued recovery from a historic pandemic have had a profound, complex effect on middle-market companies,” said Evan Tomaskovic, Managing Partner of Carl Marks Advisors. “Managing through these dynamics requires a deft touch and firm resolve. The experienced teams we have built and will continue to grow bring value and trusted guidance to help our clients navigate the choppy waters ahead.”

Paul Huettner, who joined the firm as a Vice President in 2019, has been promoted to Director. His focus is on complex financial and corporate restructurings, including bankruptcy. His experience includes developing and executing business plans, working on interim management teams, and handling strategic advisory roles.

The four new hires include:

Joshua Noble, Vice President 

Joshua Noble has over six years of experience providing advisory services to underperforming companies, with an emphasis on financial and operational restructuring, liquidity management, and corporate valuation. His background comprises both in- and out-of-court engagements serving the entire spectrum of distressed stakeholders.

Before joining Carl Marks Advisors, Mr. Noble worked as a Senior Associate in Riveron’s Restructuring and Turnaround Services (RTS) practice. He advised clients across several of the firm’s most prominent verticals, including Aerospace, Defense, & Government Contractors; Automotive & Industrials; and Engineering & Construction.

Stephen Potts, Vice President

Stephen Potts is a skilled professional with over six years of financial advisory experience focusing on lender and debtor side engagements. He has significant experience with restructuring, business valuations, liquidity management, developing and executing business plans, and mergers and acquisitions.

Earlier in his career, Mr. Potts provided financial advisory services as a Vice President at AlixPartners, a global consulting firm.

Nick Baro, Associate

Nick Baro’s financial services experience focuses on asset management, IPO readiness, control auditing, and accounting standards implementation. He has worked on financial advisory assignments across a wide range of industries, including life sciences, automotive, fintech, media, and real estate.

Previously, Mr. Baro worked at Crowe, LLP, in the Consulting (TMT) group, where he engaged in accounting & financial reporting process improvement, budgeting/forecasting, variance analysis, and purchase price allocation. Prior, he worked in the Corporate Solutions group at Jones Lang LaSalle.

Stephen Funnell, Associate 

Stephen Funnell is a highly adept professional with many years of experience working with stakeholders to provide financial advisory services. His expertise spans a broad range of industries, including manufacturing, retail, consumer products, and oil & gas sectors,  working with company owners, management teams, private equity groups, lenders and investors.

Before joining Carl Marks Advisors, Mr. Funnell worked at Tiger Group LLC, where he served as a Manager of Financial Analysis, focusing on both lender and debtor side engagements, providing effective solutions to distressed companies’ critical issues.


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