Bellamah, Neuhauser & Barrett Inc. Combines with Capitol Securities Management, Inc.
RICHMOND, Va., Feb. 14, 2012 /PRNewswire/ -- CSM is pleased to announce the successful integration of BNB Financial, Inc. on December 13, 2011.
Bellamah, Neuhauser and Barrett Inc. was founded in 1952 by Frederick J. Bellamah. Until its merger with CSM in December of 2011, it was the third oldest investment broker-dealer in the DC metropolitan area managing over $250 million in customer assets. The firm had offices in Washington DC and Falls Church, Va. until acquiring the Silver Spring office tower in 2000 where the current branch is today.
The branch is led by Andrew R. Bellamah who is a leading investment advisor and wealth counselor with over 20 years' experience in portfolio management, financial planning, asset protection and structured charitable giving. He has been the Managing Director of the securities broker-dealer, Bellamah, Neuhauser & Barrett Inc. for the past 20 years and is the President and Chief Investment Officer of BNB Wealth Management, Inc., an SEC registered investment advisory firm that he founded in 1997. Mr. Bellamah is actively involved in the Catholic Charities in the Archdioceses of Washington and the Boy Scouts of America.
The addition of BNB is the latest in a string of successful smaller broker dealer consolidations with Capitol Securities over the past five years who share a similar culture and ideals on how to properly treat people while also running a successful business.
Capitol Securities Management, Inc. is a Mid-Atlantic based, privately owned brokerage and investment firm with over 200 fulltime investment professionals and independent affiliates in locations from New England to Florida and has been serving the needs of its investors for over 25 years. It is a member of FINRA and SIPC.
SOURCE Capitol Securities Management, Inc.
Share this article