Garden City, NY (PRWEB) May 14, 2015
Concept Capital Markets, LLC is pleased to announce the recent hiring of Robert Jones, David Circle and Eric Gross. Robert, David and Eric are all seasoned brokerage professionals who bring their own skill sets to the firm and will complement our existing team in the firm’s ongoing effort to further enhance the service we provide our clients.
Robert Jones joined Concept Capital as Vice President – Trading, and serves the firm’s prime brokerage clients with their trade execution needs. Robert comes to the firm with many years of trading experience, having worked in senior positions for two New York based hedge funds during 2009-2012, and prior to that for nearly ten years at Bear Stearns Asset Management. Robert has traded equities and derivatives, and also possesses an understanding of and appreciation for the need to tailor communication and execution styles to each portfolio manager client. Additionally, Robert brings a compliance background to his position, having served as a financial investigator for a state securities regulator. Robert is located in our New York City office.
David Circle joined Concept Capital as Vice President – Trading, and serves the firm’s outsourced trading clients. David comes to the firm with twenty-five years of experience in the investment business, including as a trader across multiple asset classes. David enjoyed a twelve year career with Bear Stearns beginning in 1990, where he traded convertible securities for the proprietary arbitrage book, similar securities as a sell side trader serving institutional clients, and then a merger arbitrage book for that firm. He subsequently ran a wealth advisory practice at Merrill Lynch and Morgan Stanley for a few years before returning to institutional sales and trading with a focus on arbitrage across a variety of disciplines, including mergers, capital structure, and event driven at several firms, including Louis Capital, I.A. Englander and Royal Bank of Canada. Most recently David worked at Maxim Group. David is located in our Greenwich office.
Eric Gross joined Concept Capital as Vice President – Operations and Client Support, and will work with our operations and client service team in addressing our clients’ needs. Eric comes to the firm from JPMorgan, where he has worked since 2008, and since 1981 including his time with Bear Stearns prior to its acquisition. Eric brings more than twenty years of prime brokerage experience, including his expertise in middle and back office solutions, operations support to hedge fund clients with varied investment and trading strategies, and client service. Eric is located in our New York City office.
“We are pleased to welcome our new colleagues to Concept Capital and look forward to incorporating their respective skills in the firm’s comprehensive offering to our rapidly growing client base”, said Jack Seibald, co-founder and Managing Member. “We believe the Concept team is uniquely equipped to understand and anticipate our clients’ needs and preferences because of our diverse set of experiences and skill sets, and through continued investment in technology and talented individuals, we aim to enhance the solutions and the service levels we offer our clients. With many hedge fund managers exploring alternative solutions for the custody, execution and clearance, reporting, and operational support needs of their firms as a result of the rapidly changing prime brokerage landscape, we also believe that our firm is well equipped to offer such solutions in a timely and effective manner, he continued.
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 is headquartered in Garden City, New York and operates offices in New York City and Purchase, NY, Greenwich, CT, El Segundo and Santa Monica, CA, Atlanta, GA, and Delray Beach, 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.