Craig Merkt Joins FactRight as Vice President, Business Development

CHICAGO, June 27, 2013 (GLOBE NEWSWIRE) -- FactRight LLC, a premier provider of third party due diligence and risk management services to the alternative investment industry, announced today that Craig Merkt has joined the company as vice president, business development.

"Craig is an innovative professional with an innate ability to connect with people, identify their needs and help them meet their business goals," said Scott Smith, chief operating officer. "He is an excellent addition to the team and to FactRight's continued growth in the financial services industry."

Merkt joins FactRight with more than 20 years of experience in new business development, sales, and as a practicing attorney. He previously spent six years in the 401(k) industry with Sentry Insurance, where he managed a group of 20 producers ultimately as Midwest regional sales and marketing manager. While with the firm, he averaged approximately $25 million in new business each year, managed a book of more than $120 million in total assets and helped grow business throughout his sales region.

Prior to Sentry, Merkt spent three years with Northwestern Mutual, where he was awarded New Financial Representative of the Year in 2004. He began his career in 1991, and quickly established himself as a successful professional, managing more than $10 million in annual aftermarket sales with P&H Mining Equipment.

Merkt earned a bachelor's degree from Lawrence University, a juris doctorate from Quinnipiac University School of Law, and a master's degree in international law from the University of Bristol, England.

About FactRight

Founded in 2006, FactRight is one of the nation's premier providers of third party due diligence and risk management services to the alternative investment community. FactRight provides institutional-caliber reporting prepared by a uniquely skilled team of multi-disciplinary experts, cost effective and comprehensive due diligence and compliance services to the independent broker-dealer channel, and specialized consulting services related to arbitration and litigation of alternative investment securities. For additional information regarding FactRight, please visit www.FactRight.com.

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Source: FactRight, LLC