Siebert Financial Corp. (NASDAQ: SIEB)
(“Siebert”), a diversified provider of financial services, is
pleased to announce the appointment of Greg Murphy as its Senior
Vice President of New Business Development.
In his new role, Mr. Murphy will be responsible for helping lead
Siebert’s asset growth efforts and will work with Siebert’s Media
and Entertainment group.
“Mr. Murphy’s extensive experience and proven track record in
the asset management field and executive leadership will be
invaluable towards our goals of growing our assets under management
and providing exceptional services to our clients. This appointment
underscores our dedication to staying at the forefront of the
financial and entertainment industries,” said Richard Gebbia,
co-CEO of MSCO.
Mr. Murphy brings over 25 years of experience in financial sales
and leadership, having previously held senior positions at Alliance
and Bernstein, Invesco, and Franklin Templeton.
“We are thrilled to welcome ‘Murph’ to the Siebert family, and
are looking forward to him adding incredible value to our firm,”
said John J. Gebbia Sr., CEO and Chairman of Board of Directors of
Siebert Financial Corp.
Founded by the trailblazing Muriel Siebert, the first woman to
hold a seat on the New York Stock Exchange, Siebert has a rich
history of breaking barriers and setting standards in the financial
industry.
Mr. Murphy said, “I am honored to join Siebert, a company with
such a lasting legacy and a forward-thinking vision. I am looking
forward to bringing my financial services, executive leadership,
and sports background to Siebert.”
Notice to Investors
This communication is provided for informational purposes only
and is neither an offer to sell nor a solicitation of an offer to
buy any securities in the United States or elsewhere.
About Siebert Financial Corp.
Siebert is a diversified financial services company and has been
a member of the NYSE since 1967 when Muriel Siebert became the
first woman to own a seat on the NYSE and the first to head one of
its member firms.
Siebert operates through its subsidiaries Muriel Siebert &
Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc.,
RISE Financial Services, LLC, Siebert Technologies, LLC and
StockCross Digital Solutions, Ltd. Through these entities, Siebert
provides a full range of brokerage and financial advisory services
including securities brokerage, investment advisory and insurance
offerings, securities lending, and corporate stock plan
administration solutions. For over 55 years, Siebert has been a
company that values its clients, shareholders, and employees. More
information is available at www.siebert.com.
Cautionary Note Regarding Forward-Looking Statements
The statements contained in this press release, that are not
historical facts, including statements about our beliefs and
expectations, are “forward-looking statements” within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements preceded by, followed
by or that include the words “may,” “could,” “would,” “should,”
“believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,”
“project,” “intend” and similar words or expressions. In addition,
any statements that refer to expectations, projections, or other
characterizations of future events or circumstances are
forward-looking statements.
These forward-looking statements, which reflect beliefs,
objectives, and expectations as of the date hereof, are based on
the best judgment of management of Siebert. All forward-looking
statements speak only as of the date on which they are made. Such
forward-looking statements are subject to certain risks,
uncertainties and assumptions relating to factors that could cause
actual results to differ materially from those anticipated in such
statements, including, without limitation, the following: economic,
social and political conditions, global economic downturns
resulting from extraordinary events; securities industry risks;
interest rate risks; liquidity risks; credit risk with clients and
counterparties; risk of liability for errors in clearing functions;
systemic risk; systems failures, delays and capacity constraints;
network security risks; competition; reliance on external service
providers; new laws and regulations affecting Siebert’s business;
net capital requirements; extensive regulation, regulatory
uncertainties and legal matters; failure to maintain relationships
with employees, customers, business partners or governmental
entities; the inability to achieve synergies or to implement
integration plans; and other consequences associated with risks and
uncertainties detailed in Part I, Item 1A - Risk Factors of
Siebert’s Annual Report on Form 10-K for the year ended December
31, 2023, and Siebert’s filings with the SEC.
Siebert cautions that the foregoing list of factors is not
exclusive, and new factors may emerge, or changes to the foregoing
factors may occur, that could impact its business. Siebert
undertakes no obligation to publicly update or revise these
statements, whether as a result of new information, future events
or otherwise, except to the extent required by the federal
securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20241203448854/en/
Investor Relations: Matt Glover Gateway Group, Inc.
949-574-3860 SIEB@gateway-grp.com
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