IRG Key Personnel

Douglas A. Lambrecht, CIMC,

Managing Director Of Investment Resource Group, LLC, Doug has been involved professionally with investments and financial consulting since 1986.  He was awarded certification as Investment Management Consultant with Scottsdale, AZ based Institute for Investment Management Consultants in 1995 and and has continuously maintained educational and professional requirements for CIMC membership since.  Having held nationwide securities licenses since 1986, Doug relinquished them in 1997 to become a fee-only registered investment adviser.  He is currently registered with the South Carolina Attorney General as principal partner and representative advisor of IRG.  He was born in 1951 in Bronxville, NY.

Prior to forming Investment Resource Group LLC he was the Managing Director and Sr Vice President for Lighthouse Investment Advisors, a financial planning and investment management division of Lighthouse Financial Services, a Hilton Head Island, SC., based Holding Company.  There, from June 1997 to February 1999, he served as architect and coordinator for that firm's formation, oversaw all aspects of operations, served on its board of directors, on the investment committee and as Senior Investment Advisor. 

Immediately prior to joining Lighthouse, he was a Vice President and Financial Consultant at the Robinson-Humphrey Company, a division of Salomon Smith Barney. There, for eleven years, he served clients through the firm's Hilton Head Island office, also coordinating that office's outside money managers and mutual fund services for eight years, while specializing in fee-based investment management consulting. 

Mr. Lambrecht was the founding Chairman of the Hilton Head Council of Estate and Financial Advisors in 1992, served as President in 1992 and 1993 and was Chairman of the Council's 1996 and 1997 Symposiums on Estate and Financial Planning. An active participant in the Hilton Head Island community, he was involved in the formation of the Hilton Head Community Foundation as Treasurer, and also served as an instructor on Financial Planning in the Bank for the local education chapter of the American Bankers Association. He has been a full-time resident of Hilton Head Island since 1985. 


Marge O'Rourke

Head of Operations and Trading for Investment Resource Group, LLC., Marge has been actively involved in investment management for twenty years. Prior to joining Investment Resource Group, LLC, she was Head of Operations for Lighthouse Investment Advisors, Inc., the investment division of Lighthouse Financial Services, Inc. Immediately prior to working with Lighthouse, she was a sales assistant with the Robinson-Humphrey Company, a division of Salomon Smith Barney.  Marge was born in 1932. 

Marge began her banking career with the Provident Institute for Savings in Boston, MA in 1976. She then joined the investment division in 1980 as an investment assistant, co-managing a portfolio of 550 million in fixed income, equities, options and reverse-repros and also oversaw the bank's cash management and maintenance position for Fed Funds for that billion-dollar bank. Other responsibilities included trading and operations management. 

In 1984 she joined the Bank of New England as an Investment Counselor, managing investment portfolios (typically 25 to 100 million dollars in size) for small financial institutions. The Bank of New England was taken over by Fleet Bank in January 1991. At that time five former Bank of New England employees left to start Asset Management Partners, attracting 1.3 billion dollars in assets in less than two and a half years. Marge served as Assistant Portfolio Manager and Equity Trader for Asset Management Partners until moving to Hilton Head in 1994. 


David B. Barrett

Born in 1937, Dave is a contributing author and consultant to Investment Resource Group, LLC. He has been actively involved in banking and the financial markets beginning in 1960. Between 1960 and 1980 he served as a financial executive and administrator for Citibank, in a number of critical assignments. He had responsibility for capital management, exchange exposure and Eurocurrency commitments in the Western Hemisphere. Earlier, he had been senior liability manager for the bank and holding company. Prior to that he was senior investment portfolio manager for the bank’s investment and liquidity portfolio with a focus on debt securities. He has had considerable experience underwriting, trading and marketing exempt securities for the capital markets group of the bank. 

By education Mr. Barrett is a lawyer and member of the Connecticut Bar Association. After leaving banking, he co-organized a precious metals arbitrage firm with membership on the New York Commodity Exchange. 

Since 1994, he has been professionally active in the securities industry, as investment consultant to institutional clients, providing in depth market analysis and securities execution in the world’s principal currencies. He has lectured and written extensively on global economic and financial matters with particular focus on monetary policy and the effect of policy changes on the markets.