David-Irwin Binter founded Neuma, Inc. in 1990 as a viatical settlement company. Since then, Neuma has dealt with thousands of investors and clients.

Prior to his involvement with Neuma, Mr. Binter was managing partner of the B&R Group, an options trading firm established in 1975, and its subsidiary, F.P. Quinn & Co., an options clearing firm. The total capital of the B&R Group was in excess of $30 million. In 1990, the business was slowly wound down. The firm had 55 employees, provided clearing operations for 35 independent broker/dealers, had credit lines of more than $200 million, and dealt in thousands of different securities.

Mr. Binter served as the first president of the Viatical and Life Settlement Association of America (VLSAA, now the Life Insurance Settlement Association, LISA) in 1995 to 1996 and again served in 2000 to 2001. He was a member of the VLSAA board from 1995 through 2003 and was also chairman of its ethics committee. He is a Certified Public Accountant and received his Bachelor's Degree in Business Administration from Pace College, New York.

Mr. Binter may be contacted at david@neumainc.com