NEW YORK - Dominari Holdings Inc. (NASDAQ:DOMH) announced today that its subsidiary, Dominari Securities LLC, has appointed Eric Newman as Executive Vice President. Newman, a seasoned professional with nearly three decades of experience in the financial services industry, will take on a pivotal role in managing the broker-dealer operations of the firm.
Newman's responsibilities include overseeing the day-to-day broker-dealer activities, advising on corporate planning, and executing the firm's strategic business plans. CEO Kyle Wool emphasized Newman's extensive expertise and leadership as critical to the firm's expansion and growth.
Newman, previously the Chief Supervisory Officer at Aegis Capital, brings a track record of ensuring operational efficiency and adherence to industry standards. His prior role as Managing Director of Investments and Branch Manager at National Securities further demonstrates his commitment to excellence in the financial sector.
In his remarks, Newman expressed enthusiasm about joining Dominari Securities at a time when the firm is poised for growth. He highlighted the alignment of his professional values with the firm's dedication to innovation, client service, and compliance standards.
Dominari Securities LLC operates as a member of FINRA, MSRB, and SIPC, offering securities brokerage and registered investment adviser services. The firm's mission is to leverage emerging trends in the financial services sector to generate wealth for stakeholders and identify high-return opportunities.
This announcement is based on a press release statement and, as with all forward-looking statements, should be considered with caution, acknowledging the inherent risks and uncertainties.
Dominari Holdings Inc. has not provided further details on the appointment's expected impact on its operations or financial performance. The information presented is current as of today's announcement.
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