Concept Capital Markets, LLC earns Top Prime Broker in North America rating from Global Custodian

GARDEN CITY, N.Y., June 26, 2012 /PRNewswire-iReach/ -- Concept Capital Markets, LLC was named "Top Prime Broker in North America" in the 2012 Prime Brokerage Survey by Global Custodian Magazine.  The 19^th annual edition of the survey included nearly 3,500 hedge fund responses on behalf of 40 prime brokers and covered 12 different categories pertaining to the prime brokerage industry.

Concept Capital earned the "Top Prime Broker North America" honor as a result of scoring "Best in Class" in every category by the survey's respondents with Assets Under Management under $100 million, with particularly strong ratings in Client Service, Operations, Financing and Margining, OTC Derivative Clearing, Prime Custodial Services, Hedge Fund Consulting, Capital Introduction, Value, and Reputation. The full survey results may be viewed at Global Custodian's website.

"We aim to earn our clients' business every day by serving as a trusted and loyal partner, and it is very gratifying to be recognized for the services we provide them," said Jack Seibald , co-founder and Senior Managing Director. "We are grateful to Global Custodian and all of the respondents for the effort put into producing the survey as the feedback provided will help us to continue to deliver on our clients' needs," he continued. "Fund managers face enough difficulties every day as they search out the best possible investment and trading opportunities for their clients' assets.  Our mission at Concept is to deliver the custody, execution and clearing, portfolio management and reporting solutions, and operational support that free our clients to focus on their core competencies."

Michael Rosen , co-founder and Senior Managing Director, adds, "With a diverse range of experiences and skill sets that include prime brokerage, launching hedge funds, portfolio management, research, sales and trading, clearance and settlement, financial operations, compliance, technology, and customer support, we believe the Concept team is uniquely equipped to understand and anticipate our clients' needs and preferences.  Our continued investment in technology and talented individuals enables us to deliver tools and support services, such as enhanced portfolio management and reporting solutions, which enhance our clients' ability to manage their businesses.  These investments, along with our expanded sales effort, have afforded us the opportunity to win a large number of new client mandates and maintain a very high client retention rate."

About Concept Capital Markets, LLC:

Concept Capital offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. Concept Capital Markets, LLC was established in 2010 following the spin-off of the Concept Capital division of Sanders Morris Harris Inc., whose origins date back to 1995. Concept Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Chicago, IL, and Del Mar, CA. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit www.conceptcapital.com

About Global Custodian Magazine:

The magazine, with a circulation of 20,000 investment professionals around the world, is defined by high-quality editorial and a series of annual surveys that have become benchmarks for the industry. Founded in 1989, the original focus of the magazine was on securities processing operations: articles that explore how shares trade and settle and are held. Its editorial scope has since expanded to include fund administration, securities lending and financing, prime brokerage and the infrastructure of the global securities industry (CSDs, ICSDs, payments systems and other industry bodies and initiatives). The editorial content of the magazine is now also supported by industry-standard surveys that address how the performance of custodian banks, fund administrators, prime brokers and tri-party securities financing providers compare with each other and within individual markets.  For additional information, visit http://home.globalcustodian.com/

Media Contact:

Jack Seibald Concept Capital Markets, LLC, 516-746-5718, jseibald@conceptcapital.com

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SOURCE Concept Capital Markets, LLC