MIKE MCDANIEL

Michael McDaniel is a cofounder of SC Distributors, LLC and has been its National Sales Manager since the company's formation in September 2009. Mr. McDaniel is responsible for overall sales, wholesaling and strategic relationship management at SC Distributors. Prior to cofounding SC Distributors, Mr. McDaniel served as National Sales Manager of KBS Capital Markets Group, LLC. During Mr. McDaniel's tenure, KBS Capital Markets Group, LLC assembled a team of 18 wholesalers and raised approximately $2.3 billion of investment capital for KBS Real Estate Investment Trust, Inc. and KBS Real Estate Investment Trust II, Inc. Prior to joining KBS Capital Markets Group, Mr. McDaniel served as Senior Vice President and National Sales Manager at AXA Financial, Inc. During his nine years at AXA Financial, Mr. McDaniel held several positions, including Regional Vice President and Divisional Vice President, and, in 2000, Mr. McDaniel was named President and National Sales Manager for the Broker Dealer Channel. Previously, Mr. McDaniel was the Midwest Director of Mutual Fund Sales for Mainstay Funds, a division of New York Life Insurance, a mutual life insurance provider. Mr. McDaniel is a graduate of Rollins College in Winter Park, FL.