Ancora Securities Launches Rebranding And Expansion Of Service Offering, Changes Name To America Northcoast Securities
CLEVELAND, Oct. 7, 2014 /PRNewswire/ -- Ancora Securities, former subsidiary of The Ancora Group, officially launched the rebranding of its product and services platform as it celebrates 30 years as a FINRA registered broker dealer. As part of the campaign, the company has undergone a name change to America Northcoast Securities. The firm's service platform will focus solely on providing independent broker dealers and advisors with technology, trading, and concierge brokerage services through its twenty year relationship with BNY-Pershing LLC.
Christopher Barone, President of America Northcoast Securities, states that "our firm is now working with strategic partners to find independent and start up broker dealers nationwide seeking industry arrangements that further reduce costs and increase day to day business efficiencies. Our firm's value proposition is providing these independent and startup firms with instant credibility, a new clearing relationship, and the industry expertise required to transition businesses from supermarket style, proprietary product wire houses, to their own. Utilizing our collective experience with Pershing and having access to hundreds of key Pershing professionals, a relationship with America Northcoast ensures that registered reps and advisors alike can remain squarely focused on their customer relationships while at the same time retaining 100% of their income. We believe this piggy back approach to the broker dealer model is the wave of the future for many small to midsized broker dealers. The costs of not being independent are too high."
About America Northcoast Securities
America Northcoast Securities is a FINRA registered multi line broker dealer serving institutional and individual private clients, as well as other broker dealers, advisors and mutual funds across the country. The firm provides a complete clearing, execution, technology and back office solution through its long standing relationship with BNY-Pershing LLC.
Contact |
Christopher Barone |
Telephone |
216.839.5103 |
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Website |
SOURCE America Northcoast Securities
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