NEW YORK, NY--(Marketwire - November 4, 2010) - Maxim Group LLC, a leading full service investment banking, securities and wealth management firm, today announced the appointment of Steven Simmons as a Senior Vice President and head of Maxim's Prime Services division.
Mr. Simmons will be responsible for the development and implementation of Maxim's Prime Brokerage Program dedicated to emerging and growing hedge fund managers, with a key focus on capital introduction services. "Steve's vast experience in the small prime brokerage arena will compliment Maxim's efforts to provide cost effective solutions to our hedge fund clients," said Christopher J. Fiore, President of Maxim Group LLC.
Prior to joining Maxim Group, Mr. Simmons was the head of Prime Services Sales and Capital Introduction at Lighthouse Financial Group LLC. Previous to Lighthouse Financial, Mr. Simmons held a similar position at Terra Nova Financial. Mr. Simmons' prime brokerage programs have been the recipients of numerous awards. At Lighthouse Financial, his program received the award for Best Capital Introduction Program for Small Prime Brokers from Hedge Fund Manager Week Magazine. His program has also been a three-time recipient of Opal Financial Group's award for Best Broker for Emerging Managers. Mr. Simmons received a B.A. in International Relations from Colgate University.
About Maxim Group LLC
Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.
Contact Information:
For further information please contact:
John J. Garrity
Executive Managing Director
212.895.3624
jgarrity@maximgrp.com