Merriman Capital Names Former Jefferies & Co. Sales & Trading Executive, Paul Kent, as Head of Capital Markets

Mar 21, 2011, 09:05 ET from Merriman Holdings, Inc.

SAN FRANCISCO, March 21, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (Nasdaq: MERR), today announced the hiring of Paul Kent as head of capital markets and a member of its executive committee. Kent will focus on expanding Merriman's institutional investor footprint and driving the firm's commission revenues.


Kent brings a wealth of knowledge to Merriman, with more than 20 years of experience and important West Coast institutional sales and trading relationships. He joins the firm from Gleacher & Company (Nasdaq: GLCH) where he served as head of west coast institutional equities. Kent previously opened Pali Capital, Inc.'s Bay Area office as managing director, and head of San Francisco equity sales and trading.

Kent spent the majority of his Wall Street career with Jefferies & Company where he worked in Los Angeles, New York and was responsible for opening the San Francisco office. Kent held various roles at Jefferies including senior sales trader, regional sales manager of the San Francisco office, and head of equity sales trading. Kent began his career at the Pacific Stock Exchange.

"Paul's many years of equity sales and trading experience, combined with his deep institutional investor contacts, will allow us to rapidly expand our capital markets capabilities and sales and trading revenues," said Alex Seiler, chief executive officer of Merriman Capital, Inc. "On behalf of our entire team, I am delighted to welcome Paul to the firm and our San Francisco trading desk. He will continue to be a valued resource and touchstone for clients in these uncertain economic times."

About Merriman Holdings, Inc.

Merriman Holdings, Inc. (Nasdaq: MERR) is a financial services firm focused on fast-growing companies and the institutions that invest in them. Merriman offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in four growth industry sectors: Technology, Telecom, Consumer, Media & Internet and CleanTech Infrastructure. For more information, please go to  Merriman Capital, Inc. is a member of FINRA and SIPC.

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SOURCE Merriman Holdings, Inc.