Siebert Financial Appoints Daniel M. Ondeck as Head of Institutional Sales

Core Insights - Siebert Financial Corp. has appointed Daniel M. Ondeck as Head of Institutional Sales, aiming to enhance institutional client coverage and distribution across various sectors [1][4]. Group 1: Appointment and Role - Daniel M. Ondeck brings over 20 years of experience in institutional sales and capital markets, having previously held senior roles at FBR Capital Markets and B. Riley Financial [2][3]. - In his new role, Ondeck will collaborate with Siebert's investment bankers to originate and distribute offerings in both public and private markets, including structured debt and equity [3][4]. Group 2: Leadership Statements - Ondeck expressed enthusiasm about joining Siebert and emphasized the goal of providing innovative capital solutions and unique investment opportunities [4]. - Ajay Asija, Co-Head of Investment Banking, highlighted Ondeck's strong institutional relationships and effectiveness in raising capital [4]. - Randy Billhardt, Head of Capital Markets, noted that Ondeck's leadership will enhance coverage and distribution, supporting the firm's growth in capital markets and research for institutional clients [4]. Group 3: Company Background - Siebert Financial Corp. is a diversified financial services company and has been a member of the NYSE since 1967, known for its commitment to clients, shareholders, and employees [5][6]. - The company operates through various subsidiaries, offering a full range of brokerage and financial advisory services, including investment banking and capital markets services [6].