Prime brokerage firm Concept Capital Markets has hired Kyle Kupiec and his team from the Shoreline Trading Group.
Kupiec, a principal and 15-year vet of the broker-dealer Shoreline, will become the manager of Concept’s new Los Angeles branch, bringing with him Adrienne Franklin, Dennis Huynh and Richard de Ande. Franklin and Huynh are customer service reps, de Ande a trader.
Concept says Kupiec’s move “should be seamless” for his clients “as their accounts can remain in custody at the same clearing firm and they can continue to use the same trade execution systems they’ve grown accustomed to. Moreover, clients’ primary contacts on all matters related to their accounts will also remain the same.”
“I look forward to working with the team at Concept Capital and introducing relationships to the Concept platform,” said Kupiec in a statement. “Having had the opportunity to speak with and look at a number of different firms, I felt that Concept was best equipped to not only maintain, but enhance and expand on the offering clients receive. Concept affords my team and clients the ability to join a firm with an enhanced technology offering, including real-time risk management and reporting technologies. Clients will have access to additional custodial options as well as larger operational support, technology, and trading teams. I look forward to introducing the Concept offering to existing as well as new clients.”