| Business Summary | | Siebert
Financial
Corp.
is
a
holding
company
that
conducts
its
retail
discount
brokerage
and
investment
banking
business
through
its
wholly
owned
subsidiary,
Muriel
Siebert
&
Co.,
Inc.;
and
through
its
Capital
Markets
division
also
offers
institutional
clients
equity
execution
services
on
an
agency
basis
as
well
as
equity
and
fixed
income
underwriting
and
investment
banking
services.
Siebert's
focus
in
its
discount
brokerage
business
is
to
serve
retail
clients
seeking
a
wide
selection
of
quality
investment
services,
including
trading
with
a
broker
on
the
telephone,
through
a
wireless
device
or
via
the
Internet,
at
commissions
that
are
substantially
lower
than
those
of
full-commission
firms
and
competitive
with
the
national
discount
brokerage
firms.
The
Capital
Markets
division
serves
as
a
co-manager,
underwriting
syndicate
member,
or
selling
group
member
on
a
wide
spectrum
of
securities
offerings
for
corporations
and
Federal
agencies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Siebert
Financial
Corp.
is
a
holding
company
for
Muriel
Siebert
and
Co.,
Inc.,
which
engages
in
discount
brokeraging,
investment
banking
and
trading
of
its
own
accounts.
For
the
six
months
ended
6/30/01,
total
revenues
fell
24%
to
$18.4
million.
Net
income
fell
63%
to
$1.8
million.
Revenues
reflect
lower
commission
and
fee
income
due
to
lower
trading
volume.
Earnings
also
reflect
increased
promotion
expenditures
and
higher
depreciation
and
amortization. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Muriel Siebert, 68 Chairman,
Pres | $150K | -- | Daniel Jacobson, 72 Vice
Chairman | 285K | -- | Mitchell Cohen, 45 CFO,
Exec. VP, Assistant Sec. | 310K | $28K | Nicholas Dermigny, 43 COO,
Exec. VP, Director | 330K | -- | Daniel Iesu, 41 Sec. | 160K | 26K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|