Siebert Financial Corp. Launches Capital Markets Group

Core Viewpoint - Siebert Financial Corp. has launched a new Capital Markets Group to expand its presence in institutional markets while enhancing retail growth, led by Randy Billhardt, a seasoned executive with over 30 years of experience [1][4]. Company Overview - Siebert Financial Corp. 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 [5]. - The company operates through various subsidiaries, providing a full range of brokerage and financial advisory services, including securities brokerage, investment advisory, and insurance offerings [6]. Leadership and Expertise - Randy Billhardt, the new Head of Capital Markets Group, has over 15 years of experience in capital markets and a proven track record in unsecured notes and preferred stock issuance [2]. - Under Billhardt's leadership, the Capital Markets Group aims to leverage Siebert's retail distribution network to deliver innovative financial products and enhance institutional capabilities [3]. Strategic Goals - The launch of the Capital Markets Group aligns with Siebert's commitment to innovation and client success, reflecting a forward-thinking strategy to expand its institutional platform [4]. - The group will focus on enhancing offerings such as IPO underwriting, participation in secondary offerings, and offering baby bonds [4].