Weeden Prime Names Frank Napolitani As President

Nov 11 2013 | 7:00am ET

Weeden Prime Services has tapped Frank Napolitani as president, tasking him with expanding the company’s prime brokerage business focusing on hedge funds, registered investment advisers and family offices.

"Prime services are an integral part of our client offering, and we have made substantial progress adding clients in recent months since the acquisition of Saxis Group in April,” said Andrew Formato, president of Weeden & Co. "Under Frank’s leadership, we expect to build on that success and establish the industry's leading prime brokerage platform."

"A well-respected industry veteran, Frank has a proven track record of building and managing prime services businesses," said Sohail Khalid, CEO of Weeden Prime Services.

Founded in 2009, Weeden Prime Services is a full service prime broker focused on providing institutional quality services to hedge funds, registered investment advisers and family offices.

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