Greensboro, N.C.– Capital markets group Wharton Gladden & Company, LLC, has promoted Algenon Cash to executive managing director. Cash will be responsible for the daily operations for the Raleigh and Greensboro offices.

“Algenon’s continued commitment to our clients and his leadership in pursuit of our vision to be a diversified real estate investment banking firm makes him the best candidate for this position on our executive management team,” stated Frankli Gladden, the firm’s founding partner.

Prior to joining Wharton Gladden & Company, Cash served with Citigroup Private Banking and UBS Global Asset Management. Cash has been involved with over $1 billion in whole loan transactions which has enabled him to build relationships with a wide range of institutional investors.

“Our growth plan for the next 10 years is focused and aggressive,” added Gladden. “Algenon is the perfect leader to help us reach major milestones as we continue to help property owners have access to additional mortgage banking options outside their traditional banking relationships.”

“We feel confident that Algenon’s dedication and integrity will continue to lead this firm to record breaking profits in the years to come,” said J.B. Dunlap, the leader of a private investor group.

Cash began his career with Wharton Gladden & Company as an asset manager.