SAN FRANCISCO - October 7, 2013 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (MERR), today announced the launch of Merriman Wealth Advisors Group, which will be led by Mike Capobianco and based in Boston, Massachusetts.
"Given our 10 year history of advising corporate executives with capital market related strategies, we realized we need to extend the relationship beyond the transactions and help our clients manage their wealth" said Will Febbo, COO of Merriman Capital. "We currently have over 50 companies that retain our Capital Markets Advisory Group and we plan to introduce them to the Wealth Advisors team in the near term."
Mike Capobianco, Head of Merriman Wealth Advisors, commented, "We look forward to helping the Merriman community through a variety of advisory solutions. With an emphasis on capital appreciation and principal preservation, our goal is to arm the entrepreneurial investor with portfolio protection when the market declines, and relative returns when the market rises. Through the use of tactical and strategic risk management strategies, we believe that our clients can achieve a higher level of risk protection."
"I have known Mike and his partners in Boston for 10 years. They are a very high energy, deeply connected group with over 23 years of experience in all elements of wealth management." said Jon Merriman, CEO of Merriman Holdings. "The wealth management component of our business is based on trust and insight gained over years of experience, and I am confident Mike and his team will establish that trust with our clients."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a corporate advisory-focused registered investment bank that provides equity and options execution services and differentiated research for high growth companies. The firm also provides capital formation, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (MERR) and is the leading investment banking firm for unique high-growth companies. For more information, please go to http://www.merrimanco.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 Merriman Wealth Advisors
Merriman Wealth Advisors was launched in 2013 in collaboration with a team based in Boston with over 23 years of experience. The firm is fully licensed RIA with the SEC and Finra and has offices in San Francisco, New York and Boston. Merriman Capital`s parent company, Merriman Holdings, Inc is publicly traded (MERR-OTCQX) and has two subsidiaries: the investment bank, Merriman Capital and an RIA, Merriman Asset Management, Inc., d/b/a Merriman Wealth Advisors.
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-A filed on April 30, 2013 and the Form 10-Q filed on August 14, 2013. 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-A filed on April 30, 2013 and the Form 10-Q filed on August 14, 2013, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
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At the Company:
William J Febbo
Chief Operating Officer
Merriman Capital, Inc
Chief Compliance Officer
Merriman Capital, Inc
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Source: Merriman Holdings Inc. via Thomson Reuters ONE