SAN FRANCISCO, Oct. 21 /PRNewswire-FirstCall/ -- Merriman Holdings, Inc. (Nasdaq: MERR) today announced that it has appointed Bradley Rotter to its independent advisory board.
Rotter has been a public and private venture investor for 30 years. In 1982, while speculating on the floor of the Chicago Board of Trade, he began allocating his capital to other risk-takers and was the first investor in numerous money management boutiques and was also an early provider of equity seed capital to emerging managers.
Rotter has been involved in a variety of alternative asset classes, which span from financial futures and commodities to oil tankers and satellites. Rotter was awarded the "Private Deal of the Year Award" by Investors Dealer's Digest for an innovative structured finance transaction.
Rotter now focuses his time and capital investing in enterprises that impact Homeland Security. He currently serves as chairman of AirPatrol Corporation, a leader in wireless threat management solutions to governments and enterprises and chairman of HALO Maritime Defense Systems, which has developed an unique maritime security barrier to protect high value maritime targets against small boat attacks.
Rotter serves on the board of directors of a clinical stage biopharmaceutical company, Sequella Inc. In addition, he serves an Advisory Board member of the hedge fund Symmetry Peak, and the private equity fund Pacific Homeland Security Partners.
Rotter will draw on his deep Homeland Security knowledge and asset management expertise to help guide the firm's senior management in advising and financing fast-growing defense and technology related companies.
"I look forward to having Brad on the advisory board. He is a true contrarian and pioneer in seeking out undiscovered investment opportunities well in advance of the mainstream investment community," said Jon Merriman, co-chairman of Merriman Holdings, Inc. "Brad's relentless energy, vision and passion for the investment process will help the team execute on our long term growth strategy."
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. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in three growth industry sectors: Technology, CleanTech and Consumer, Media & Internet. For more information, please go to http://www.merrimanco.com/
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K/A filed on April 30, 2010. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K/A filed on April 30, 2010 and the Form 10-Q filed on August 12, 2010, together with this press release and the financial information contained herein, are available on our website, www.mcfco.com. Please click on "Investor Relations."
SOURCE Merriman Holdings, Inc.