JonesTrading Taps New Head Of Advisor Services

Feb 1 2012 | 7:56am ET

Brokerage firm JonesTrading Institutional Services has named industry veteran Seth Michaels as managing director and head of its advisor services business.

Michaels has over 20 years’ experience in prime brokerage and equity finance, most recently managing all aspects of Barclays’ high-net-worth client financing business including margin, repo and securities lending. Michaels previously managed Neuberger Berman Clearing Services (a Lehman Brothers company) which provided execution, reporting, custody and clearing services to correspondent broker dealers, registered investment advisors and hedge funds.

Said Packy Jones, chairman and CEO of JonesTrading, in a statement: “JonesTrading is well suited to provide the growing investment advisor and related customer segments superior execution and the services they need. We have a broad and growing product set and a deep bench of experts who apply the JonesTrading model to our clients. Seth Michaels will focus our core strengths in this growing market, building on his client relationships and market insights.”


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR