NorthPoint Becomes ConvergEx Prime Services

Dec 2 2011 | 7:58am ET

ConvergEx Group, a leading technology company, has changed the name of NorthPoint Trading Partners to ConvergEx Prime Services.
 
“Since joining ConvergEx in 2009, our organization has expanded and changed in tremendous ways. The synergies that have been created have made us truly unique in the prime services industry and allowed us to offer our customers differentiated services and powerful technologies that, previously, could only be accessed by the largest institutions,” said Douglas M. Nelson, chief executive officer of ConvergEx Prime Services. “Our new name is a great expression of our company today.”

Nelson and Michael L. DeJarnette, president of ConvergEx Prime Services, will each continue in their respective roles. The business will continue to be based out of Atlanta, Georgia, and all of its clearing and custody arrangements, products, partnerships and projects will continue uninterrupted.
 
ConvergEx Prime Services provides prime services to hedge funds, family offices, mutual funds, and registered investment advisors.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...