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      <title>About Eric DeMarcus by Eric DeMarcus</title>
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      <description>An experienced financial advisor and investment professional, Eric DeMarcus first embarked on his wealth management career in 2005. Working out of Morgan Stanley’s Private Wealth Management division, he gained considerable expertise in financial planning, asset management, and investment selection. Between 2007 and mid-2016, Eric DeMarcus held similar positions at Merrill Lynch Private Wealth and Wells Fargo Private Bank.

Mr. DeMarcus has subsequently moved to Silicon Valley Private Wealth, where he has served as managing director since September of 2016. Based in Los Gatos, California, the full-service wealth management group caters specifically to high-net-worth individuals and organizations, with a particular focus on objectivity, flexibility, and discretion.

Outside of his professional career, Eric DeMarcus serves as a board member of the Austen Everett Foundation, which empowers young cancer patients through athletic events. He also mentors young individuals hoping to fulfill important professional and personal goals. During his free time, he enjoys skiing and playing golf.
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      <pubDate>2017-05-26 09:23:31 UTC</pubDate>
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         <title>Aspen Skiing Co. Buys Intrawest&#39;s Resorts for $1.7 Billion</title>
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         <description><![CDATA[<div>Eric DeMarcus works as the managing director for Silicon Valley Private Wealth, a wealth management company dedicated to high net worth clients in need of custom strategies and tailored financial services provided by top-notch financial industry experts. Outside of his professional life, Eric DeMarcus enjoys skiing. <br><br>In a May deal that will affect skiers throughout North America, <a href="http://www.denverpost.com/2017/05/09/aspen-steamboat-ski-area-merger/">Aspen Skiing Co. </a>beat out over 170 other potential buyers to purchase Intrawest’s six ski resorts across Canada and the United States. The deal, which included 1,113 acres of land, was finalized at $1.7 billion, or $23.75 per share.&nbsp;<br><br>Hopeful bidders included veteran resort operators, billionaires, and financial firms from all over the world. From December to February, Intrawest examined the 173 potential bidders, thinning the number to 78, then just six. Many bidders got cold feet, citing abysmal industry growth, financial worries, and climate change concerns.&nbsp;<br><br>Though Aspen Skiing Co. was originally only interested in a few of Intrawest’s offerings, the company was only willing to sell the entire lot. According to a SEC filing, the deal is expected to finalize sometime in late summer or early fall of 2017.</div>]]></description>
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