SCOTTSDALE, Ariz., May 26, 2010 (GLOBE NEWSWIRE) -- Institutional broker-dealer M.S. Howells & Co. announced today that it will be expanding its prime brokerage services to include Registered Investment Advisor (RIA) firms through an enhanced web presence and dedicated RIA team. Underscoring its commitment to this effort, M.S. Howells & Co. has named Financial Services industry veteran Bob Stuber to lead the new initiative as Director of RIA Sales.
"We are excited to announce an increased focus on the RIA market and to add someone of Bob's caliber to lead our efforts," said the company's namesake and President, Mark Howells. "Bob's innovative strategies, industry connections, and leadership skills will accelerate our growth and his hiring reflects our high level of commitment to this market."
Registered Investment Advisors that actively manage their clients' accounts require a firm that understands their institutional needs. M.S. Howells & Co. has been providing acclaimed institutional services to hedge funds and separately managed accounts since 2001 and is well equipped to meet the needs of high-end institutional money managers. The mshPRIME RIA Platform provides Registered Investment Advisors with the same powerful tools used by the company's institutional clients.
"The mshPRIME platform offers significant advantages to Registered Investment Advisors, giving us a tremendous opportunity to grow this business line at M.S. Howells & Co.," said Stuber. "With extensive trading services, proprietary market strategy, competitive pricing, and comprehensive portfolio reporting, we can compete with any provider and our exceptional customer service sets us apart."
Stuber joins M.S. Howells & Co. with over 25 years of Financial Services industry experience in sales, marketing, product development, recruiting, and management. Prior to joining M.S. Howells & Co., he served as Senior Vice President, National Sales Recruiting at Countrywide Investment Services where he managed the Broker/Dealer's Recruiting Division. Previously, Stuber served as Senior Regional Sales Manager for Wells Fargo Private Client Services in Metro Phoenix and as Sales Manager and member of the Management Committee at Wayne Hummer Investments in Chicago. A graduate of Penn State University, Stuber began his career as a Financial Advisor with Dean Witter Reynolds.
As part of this new initiative, M. S. Howells & Co. has expanded its web presence with enhanced functionality and information for existing RIA firms as well as advisors considering starting a new firm. Advisors can learn more about the services available to RIAs, with links to additional pages containing details on Trading, Strategy, Operations, and Service. This new section of the company's website will illustrate the advantages of working with MS Howells & Co. and serve as a starting point for discussions with prospective RIA clients. The web address is http://www.mshowells.com/registered-investment-advisors/ .
About M.S. Howells & Co:
M.S. Howells & Co. is a full service institutional broker dealer that provides clients with high quality prime brokerage services. The company maintains a focus on personalized service and a commitment to its clients by offering a comprehensive package of services including portfolio reporting, proprietary investment strategy, direct access trading, trade desk access, portfolio statistical analysis, and administrative support. Through a fully disclosed clearing relationship with Jefferies & Company, Inc. and a secondary clearing agreement with Goldman Sachs Execution & Clearing, L.P. via Grace Financial Group LLC, its clients receive the benefits of major institutional clearing firms while getting personalized customer service.