SAN FRANCISCO - May 19, 2014 - Digital Capital Network (DCN), owned by Merriman Holdings, Inc. (MERR), announced a partnership with the prominent commercial real estate investment bank, The Carlton Group, to market real estate transactions.
"We are very excited to work with Carlton and help market their prominent commercial real estate transactions," said William Febbo, COO of Merriman Holdings. "We formed this relationship to bring high quality alternative investments to our growing community of institutional and family offices on the DCN. Carlton has been in business since 1991 and has closed over $100 billion of large structured transactions."
"Working with the DCN allows us to broaden our distribution with a full service broker dealer based portal," said Kevin Swill, COO of The Carlton Group. "We have been approached by many different broker dealers and were extremely comfortable and impressed with the DCN`s community, technology and history with institutional investors." added Mr. Swill.
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, as well as Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About The Carlton Group
In business since 1991, Carlton Strategic Ventures is the principal transaction arm of the Carlton Group, a New York based real estate investment banking firm. CSV, owns and operates, through its investment management division, over 3 million square feet of residential and commercial assets. CSV affiliated entities are the managing member of these assets and are singularly responsible either for the direct management and/or asset management of these properties. In addition, through its merchant banking division, Carlton joint ventures with other real estate operators and has investments in over $1.5 billion of real estate investments. Please visit The Carlton Group website for more information: http://carltongroup.com/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
Chief Operating Officer
Merriman Capital, Inc.
Chief Compliance Officer
Merriman Capital, Inc.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via GlobeNewswire