1st Aug 2007 07:02
Merchant Securities PLC01 August 2007 1 August 2007 MERCHANT SECURITIES APPOINTS CHIEF OPERATING OFFICER AND EXPANDS ITS REGIONAL NETWORK • Patrick Claridge becomes COO • James Peters joins to head up Manchester team Merchant Securities Plc the private client and institutional stockbrokingcompany specialising in financial advisory services, broking, private equity andwealth management, has appointed Patrick Claridge, formerly executive director,to the new position of chief operating officer. The creation of the chief operating officer role follows a restructure of theGroup to capitalise on its growth potential. Merchant Securities has also opened a new office in Manchester, aimed at growingand servicing its wealth management clients. The office will be headed by JamesPeters, who has worked in private client advisory for 15 years. Prior to joining Merchant Securities James had spent seven years with CharlesStanley, and before that was with Singer & Friedlander. Tony Fabrizi, Chief executive, Merchant Securities says: "Patrick's roles and responsibilities have been increasing as we integratevarious divisions of the business, and as the Group continues along its growthpath. Patrick will be responsible for day-to-day management of operations,improvement of systems as well as continuing to head up the Private ClientInvestment Management division." "Manchester is an area in which we have been looking to create a presence andthe recruitment of James to the Group provides a great opportunity to developthe wealth management division of Merchant Securities." About Merchant Securities plc Merchant Securities plc provides a range of financial services to privateclients, institutions and small businesses. The Company's main operatingsubsidiary, Merchant Securities Group Limited, is authorised by the FinancialServices Authority and provides a variety of services, including asset andadvisory management to over 850 high net worth private clients, sales trading toinstitutional investors, and private equity funding and corporate advice tosmall UK companies. For further information please contact: Tony Fabrizi, Merchant Securities Plc 020 7375 9010 Roland Cross/Emma Murphy, Broadgate 020 7726 6111 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mercia Asset