BOSTON and NEW YORK, July 9, 2015 /PRNewswire/ -- Detwiler Fenton Group, Inc. (the "Company") (OTC Pink Sheets Quotation Service: DMCD) is pleased to announce the recent addition of Ms. Eileen Read as Managing Director, joining the Institutional Sales team at Detwiler Fenton & Co. ("DFC"), the division through which DFC operates its Research and Capital Markets business.
According to Alex Arnold, CEO of DFC, "Eileen's hire is another step in our ongoing plan to build our Research business and deliver incremental value to the Firm's Institutional client base. Ms. Read introduces a refreshing mix of commitment and drive, client relationships, experience and energy; and we are excited to have her on our team. She will be working closely with our clients to deliver what we believe to be some of the best and most innovative independent research available to the Street."
Eileen has over twenty years of institutional sales experience and will be based out of the Firm's New York office. Previously, Ms. Read was a partner at C.E. Unterberg Towbin and also held senior sales positions at Soleil Securities and Northcoast Research.
Mr. Fenton, CEO of Detwiler Fenton Group, Inc., announced the departure of The Eaton Group from the Company, which was formerly a division of Detwiler Fenton Investment Management LLC.
About Detwiler Fenton Group, Inc.
Detwiler Fenton Group, Inc. (the "Company") is the holding company for its two principal operating subsidiaries:
Detwiler Fenton & Co. ("DFC"), a broker/dealer boutique, is headquartered in Boston, MA. DFC was founded in Boston in 1962 and provides independent equity securities research, equity and fixed income sales and trading, and investment banking services to institutional and corporate investors throughout the U.S.
Detwiler Fenton Investment Management, LLC, an independent wealth management firm, is headquartered in Boston, MA and provides wealth management services to high-net-worth families and individuals.
For more information, please visit our Company website at www.detwilerfenton.com.
Cautionary Statement Regarding Forward-Looking Statements: Certain statements in this News Release may contain forward-looking statements within the meaning of the Federal securities laws. Such statements should be considered in light of the risks and uncertainties associated with Detwiler Fenton Group, Inc. and its operating subsidiaries, including those economic and market risks and other risks prevailing from time to time; all of which are subject to material changes and may cause actual results to vary materially from what had been anticipated.
Peter Fenton – CEO – Detwiler Fenton Group, Inc. - (617) 747-0142
Eileen Read – Managing Director – Detwiler Fenton & Co. - (617) 747-0133
SOURCE Detwiler Fenton Group