A Summit Financial professional with more than a decade of experience, stock analyst and loan officer Ben Powell offers expertise in econometrics and corporate finance for individuals and businesses in the greater Salt Lake City area. A native Utah resident and Eagle Scout, he studied economics at the University of Utah, earning a Bachelor of Science in 2002. Following his graduation, Mr. Powell matriculated at Brigham Young University, studying business at the Marriott School of Management. Earning membership in the National Society of Collegiate Scholars during the course of his education, he graduated at the top of his class with a Master of Business Administration in 2006.
Ben Powell started his business career prior to obtaining his B.S., working as a Branch Supervisor and Financial Service Representative for Zions First National Bank. Over the course of one year, he performed several tasks at Zions, including overseeing operational procedures and cash management, deploying branch ATM safeguards, and supervising large cash transactions, as well as the release of unclaimed funds. Subsequently, Ben Powell shifted his focus to investment banking, becoming a Senior Retirement Service Specialist at the Salt Lake City branch of Fidelity Investments while studying in college. He advised clients on managing risk and investing for retirement, educating individuals on basic investment principles, and gaining credibility to conduct company presentations in Salt Lake City and in the Boston main office. Following his successes at Fidelity, Ben Powell moved on to more complex and lucrative investing, serving as an Execution Services Analyst and Restricted Stock Analyst for Goldman Sachs & Co. in 2002. He led and supported trades for American and Asian clients, as well as executed trades in the firm’s privately managed separate accounts. In this capacity, he resolved trading errors using technology, traded stock through separately managed accounts, and coordinated restricted stock transactions while assisting sales teams. After spending more than three years with the firm, Ben Powell joined the Summit Financial and Investment Group, LLC, in 2005 as a Senior Loan Officer, a position he holds today. At Summit Financial, he originates and completes commercial loans for businesses, analyzing borrower financial strength and negotiating loan terms.