David Nelson
Board member
Mr. Nelson founded Signature Investor Group, LC in 2004 to develop private equity investment opportunities primarily for institutions and high net worth individuals. Most recently, he formed a company which led the initial $1.2 million capitalization of MacuCLEAR, Inc. to fund the pre-IND activity of a new treatment for macular degeneration. He started his professional career with Republic National Bank of Dallas in 1971. Mr. Nelson left the bank in 1983 as a Vice President after serving in the Trust Department and the Metropolitan Lending Division.
Beginning in 1983, Mr. Nelson entered the practice of law in the energy business and remained active in the energy business through 1992. From 1989 to 1992, he was the Chairman and CEO of a public oil and gas company. He presided over the expansion of oil and gas proven reserves for four consecutive years, and the company’s first three years of profitability in ten years of previous operations. From 1992 through 1998, Mr. Nelson was President of Regent Technologies, Inc. which was primarily involved in the internet services business and in 1998 its internet assets were acquired by Allegiance Telecom, a NYSE company. In 1999, he returned to the financial services business and from January 1999 to September 2001, Mr. Nelson was President, CEO and Chairman of Concord Trust Company, a Texas regulated trust company and subsidiary of the Baptist Foundation of Texas. During this same period, he served as a Senior Vice President of the Foundation with responsibility for charitable gift consulting and trust administration.
Mr. Nelson has been a licensed attorney in the State of Texas since 1978, and in 2004 earned the ACCREDITED INVESTMENT FIDUCIARY™ professional designation, awarded by the Center for Fiduciary Studies in association with the University of Pittsburgh. In addition, he holds various licenses with the National Association of Securities Dealers. Mr. Nelson is a graduate of Baylor University with a Bachelor of Arts degree in Mathematics in 1969 and a Juris Doctor degree from Baylor Law School in 1978. In 1970, he completed a Master of Computing Sciences degree from Texas A&M University.