Chicago, Illinois (PRWEB) March 31, 2014
Gar Wood Securities, LLC is pleased to announce the addition of three seasoned industry veterans, Darren Day, Christopher Calvert and Joseph McDonald. Gar Wood’s expansion is an effort to increase the firm’s presence in the emerging manager space by providing prime brokerage and capital introduction to new and emerging fund managers.
The new group offers a combined 40 years of financial market experience, as well as many aspects of fund formation, trading and capital raising. Darren Day was previously a board member and partner at Concept Capital Markets, after forming and subsequently selling Alaris Trading Partners to Concept Capital Markets. Christopher Calvert assisted in the launch and successful marketing of over 100 managers over the last eight years. Joe McDonald formed, co-managed and raised substantial assets for both Mutual Funds and Hedge Fund strategies by focusing on investor allocations from institutions and advisors.
“We are delighted that Darren, Chris and Joe chose Gar Wood. Their combined experience servicing hedge funds and ’40 Act funds with marketing, trading and custody is unique and a compliment to Gar Wood’s current business. Gar Wood is fully committed to providing its independent brokers with a suite of solutions that will allow them to efficiently grow and manage their businesses while providing their clients with the best-of-breed trading tools and services,” said Bob Jersey, President & CEO of Gar Wood Securities, LLC.
“The open architecture that Gar Wood has structured affords our team a great opportunity to provide cost effective brokerage services while offering innovative marketing campaigns to our clientele,” said Darren Day, Senior Vice President of Gar Wood Securities, LLC.
Formed in 2004, the firm is headquartered in Chicago with branch offices in Atlanta, Dallas, Del Mar, Calif., Mobile, Ala. and -New Jersey. Additional information about Gar Wood Securities, LLC is available at http://www.garwoodsecurities.net.
Gar Wood Securities, LLC is a boutique, institutional broker-dealer that is known for its derivative execution and prime brokerage businesses. The firm supports a network of independent contractors that trade solely on an agency basis and who have access to all major global markets covering equities, cash options, option futures and futures.