Based in Denver, CO, and launched in January 2005, ModernIR has been helping public companies understand their trading activity by bringing sophisticated database systems and deep investor relations experience to the discipline of trading intelligence. ModernIR is the No.1 Market Structure Analytics™ firm in the IR profession, serving a rapidly growing client base in excess of $1.5 trillion in market capitalization.
If the investor relations role is to be relevant, accurately informed, and seated at the management table today, a grasp of market structure should be a core competency. Otherwise, it’s a certainty that conclusions about stock movement and market health will be incomplete or inaccurate, and that effort will be wasted on outreach and targeting when market structure is working against it. We strive to level the playing field between corporate investor relations and the new algorithmic order in modern equity markets.
We synthesize vast amounts of data into simple, clear views. So armed, investor relations officers can give accurate answers about stock performance, prioritize strategic and tactical IR programs, and measure the results of capital markets communication. Plus, we back a promise of great service with a litmus test: No long-term contracts. Either we consistently serve as a valuable ally helping you get the most from your IR efforts, or we don’t continue to earn your business.
Founder and President
Tim Quast is an Investor-Relations veteran and founder and President of Modern IR. ModernIR, launched in 2005, pioneered market-structure analytics that quantify the behavior of money behind stock-trading for investor-relations professionals.
Previously, Tim served as the first investor relations officer at SureWest Communications (Nasdaq:SURW), and before that, Tim spent six years at retail investor-relations services company Informed Investors, Inc., where he was a co-founder, and President and Chief Operating Officer through its merger with Wilink Plc (PrecisionIR) in 2001.
Tim began his capital-markets career in boutique investment banking at QBF Management Co., a private-banking British Virgin Islands firm, after earning a BA at Ambassador University in 1991.
A NIRI member since 1995, Tim is a frequent speaker and commentator on modern equity trading. His quotes on modern trading have appeared in leading media including the Wall Street Journal, Bloomberg, Financial Times of London, Reuters, Dow Jones, The Denver Post, Traders Magazine, The Securities Technology Monitor, and The New York Times.
Chief Operating Officer
Karen Quast joined Modern IR in March 2010 as Chief Operating Officer. She leads the finance, tax, accounting, software development, legal and marketing functions of the business.
Previously, Karen worked 18 years in a variety of roles for DCP Midstream, a joint venture between ConocoPhillips and Spectra Energy, and various predecessor companies. During her tenure at DCP Midstream, she participated in the initial public offering of DCP Midstream Partners (NYSE: DPM) and was the first investor relations officer for this energy partnership.
Karen began her career at Price Waterhouse and received her CPA certification after earning a bachelor of business administration degree in accounting from Texas A&M University in 1989.
Vice President of Client Services
Brian Leite is the Vice President of Client Services for ModernIR. In that role, Brian utilizes his nearly twenty years of institutional sales and trading experience to guarantee superior market structure coverage for our clients.
Prior to joining ModernIR, Brian was a Senior Vice President of equity sales and trading for Kaufman Bros. where he provided sales trading coverage to West Coast institutional investors from the firm’s San Francisco office. Prior to Kaufman Bros., Brian was a Vice President of sales trading for Needham and Co. in San Francisco also covering West Coast institutional investors.
Brian began his career on the Los Angeles floor of the Pacific Stock Exchange working as an assistant floor broker for Kemper Securities. He subsequently held positions at Wedbush Securities and Bank of America as a NASDAQ market maker focusing on technology, healthcare, and consumer stocks. Brian holds a master’s degree in economics from the University of Southern California and a bachelor’s degree in economics from the University of California, Irvine.