Newbridge Financial, Inc. Promotes Thomas Casolaro to Chief Executive Officer of Its Newbridge Securities Corporation Subsidiary

FORT LAUDERDALE, Fla., Sept. 27 /PRNewswire/ -- Newbridge Financial, Inc. ("NFI"), parent company of Newbridge Securities Corporation ("NSC"), a full-service securities broker-dealer and investment bank, is excited to announce the promotion of Thomas Casolaro to Chief Executive Officer ("CEO"), effective October 1, 2010.

Mr. Casolaro has been serving as NSC's Director of Sales and has held various management positions at NSC during the past 6 years. Mr. Casolaro will work with Robert Spitler, NSC's President, to continue to focus the direction of NSC's day to day operations.

"I am very excited and honored that the board of NFI has the faith in my abilities to lead such a great organization, it's truly an incredible team. NSC has proven itself to be a strong contender in the financial services industry and I'm enthusiastic about our future and my new role. I am certain that Bob and I will work well together to help our team achieve its goals," said Thomas Casolaro.

"I'm very happy to have Tom as my new partner in the overall management of NSC.  He continues to prove himself as a leader and I believe his strengths will complement mine in a way that will help our management team develop a much better level of communication and responsiveness," said Robert Spitler.

"I am very proud of Tom; his dedication, ability, loyalty, and communication skills are the makings of a true leader. In addition, his strong sales skills and belief in our culture of compliance is the perfect mix for a leader in this new age of business. The tandem of leadership between Bob and Tom will promote the Newbridge spirit of success into the future," said Guy S. Amico, Chairman of NFI.

About Newbridge

Newbridge Financial, Inc. ("NFI") is the parent/holding company for NSC. NFI through NSC and its affiliated investment advisor Newbridge Financial Services Group ("NFSG") provides a range of full service securities brokerage, investment banking and advisory services to a broad based group of individuals and corporate clients.  In addition, NFI has other subsidiaries; Newbridge Mortgage Corporation, Newbridge Reality Corporation and Newbridge Capital Management.

For more information on Newbridge, please visit our public web-site at www.newbridgefinancial.com or www.newbridgesecurities.com

SOURCE Newbridge Financial, Inc.