SAN FRANCISCO--(BUSINESS WIRE)--
JMP Group Inc. (NYSE: JMP),
an investment banking and alternative asset management firm, announced
today that Thomas R. Wright has joined its executive committee, which
oversees the firm's operations. Mr. Wright, who serves as director of
equities and manages JMP Securities' institutional brokerage business,
becomes the sixth member of the committee. He is based in the firm's New
"Since his arrival at JMP early last year, Tom has done an outstanding
job of repositioning and strengthening our equity sales, trading and
research businesses, which grew net brokerage revenues 12% in 2013,"
said Chairman and Chief Executive Officer Joseph A. Jolson. "Tom's
leadership quickly impacted our company and contributed to our record
year at JMP Securities. We look forward to benefitting from his insight
and perspective as a member of JMP Group's executive committee."
Before joining JMP Securities in February 2013, Mr. Wright served as
global head of trading at Sanford C. Bernstein & Co. for eight years.
During the ten prior years, he held a variety of leadership positions at
Merrill Lynch & Co., most recently as head of European equity trading
and salestrading and previously as head of U.S. equity trading and
salestrading. Mr. Wright was also a vice president and Nasdaq
salestrader at Goldman Sachs & Co. for eight years. He began his career
at Merrill Lynch & Co. on the Nasdaq desk in 1983. Mr. Wright holds an
M.B.A. from New York University Stern School of Business and a B.S. in
economics and finance from Boston College.
About JMP Group
JMP Group Inc. is a full-service investment banking and asset management
firm that provides investment banking, sales and trading, and equity
research services to corporate and institutional clients as well as
alternative asset management products to institutional and
high-net-worth investors. JMP Group operates through three subsidiaries:
JMP Securities, Harvest Capital Strategies and JMP Credit Advisors. For
more information, visit www.jmpg.com.
Investor Relations Contact
JMP Group Inc.
Dukas Public Relations
Source: JMP Group Inc.
News Provided by Acquire Media