David & Marcie Prokupek have two daughters, Rachel and Sydney. Marcie helped get Geronimo Partners started in its first year, working part-time on the financial end of the business.
David Prokupek, chief executive of Geronimo Partners, is quoted in several articles. He is also quoted in a number of articles from the mid 1990s through 2000 as the CEO and principal of Tucker Anthony and Cleary Gull.
In 1991, Valley Advisors alleged that three of its former officers drained more than $1.2 million from the company for their personal use. The officers — former President David Prokupek, former Vice President Peter Coker, and Michael Moss, a former officer — denied the allegations. In 1992, Valley Advisors settled the lawsuit out of court. Valley Advisors owns Unclaimed Freight furniture stores and are located in PA.
In April 1995 it was announced that Cleary Gull Reiland & McDevitt Inc., had formed a strategic alliance with Stolberg Partners, a New York-based private equity investment firm.
In November 1999 Tucker Anthony Cleary Gull announced it was moving its headquarters from Milwaukee to Denver.
An April 2003 article reported that Geronimo Partners and Santana Partners announced that the two firms had combined operations to provide clients with expertise in both alternative investment management and investment banking.
In August 2005 Geronimo Partners Asset Management LLC said it planned to launch three hedge funds as part of the Unified Series Trust group of funds. In a filing with the U.S. Securities and Exchange Commission, the asset manager said the three funds, the Geronimo Enhanced Hedge Fund Index Fund, the Geronimo Sector Opportunity Fund and the Geronimo Option & Dividend Income Fund will strive to achieve investment returns in excess of the three-month Treasury bill across full market cycles and most market conditions.
In October 2005 Geronimo Partners selected International Private Banking Systems as technology provider.