Garden City, NY (PRWEB) June 07, 2013
Concept Capital Markets, LLC was named Best Prime Broker North America by Hedgeweek US Awards in its third annual, reader nominated survey. The awards reflect the votes cast by Hedgeweek subscribers, predominantly asset managers and institutional investors. The full awards results may be viewed at Hedgeweek’s website, http://www.hedgeweek.com.
“At Concept Capital we aim to earn our clients’ business every day by serving as a trusted and loyal partner, and it is very gratifying for our entire team to be recognized for the services we provide them,” said Jack Seibald, co-founder and Managing Member. “We are grateful to Hedgeweek, its subscribers, and all who cast their vote for our firm,” he continued. “Fund managers face enough difficulties every day as they search out the best possible investment and trading opportunities for their clients’ assets. Our mission at Concept Capital is to deliver the custody, execution and clearing, portfolio management and reporting solutions, and operational support that free our clients to focus on their core competencies.”
Frank Napolitani, Managing Director and Head of Prime Services Sales, added “with a diverse range of experiences and skill sets that include prime brokerage, launching hedge funds, portfolio management, research, sales and trading, clearance and settlement, financial operations, compliance, technology, customer support, and capital introduction, we believe the Concept Capital team is uniquely equipped to understand and anticipate our clients’ needs and preferences. Our continued investment in technology and talented individuals enables us to deliver tools and support services, such as enhanced portfolio management and reporting solutions, which improve our clients’ ability to manage their businesses. These investments, along with our expanded footprint effort throughout the United States, have afforded us the opportunity to win a large number of new client mandates and maintain a very high client retention rate.”
About Concept Capital Markets, LLC:
Concept Capital offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. Concept Capital Markets, LLC was established in 2010 following the spin-off of the Concept Capital division of Sanders Morris Harris Inc., whose origins date back to 1995. Concept Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Chicago, IL, Los Angeles and Del Mar, CA, Atlanta, GA, and Boca Raton, FL. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.
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