Eric Newman Appointed as Executive Vice
President
NEW
YORK, March 15, 2024 /PRNewswire/ -- Dominari
Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced
its wholly-owned subsidiary, Dominari Securities LLC, has appointed
financial industry veteran, Eric
Newman, to the role of Executive Vice President of Dominari
Securities enriching the firm's investment banking expertise and
bolstering its brokerage operations.
Mr. Newman reports directly to CEO Kyle
Wool and is responsible for managing the day-to-day aspects
of the firm's broker-dealer operations, advising executive
leadership on key corporate planning issues and managing the
implementation of the firm's business and strategic plans.
Kyle Wool, CEO of Dominari
Securities, said, "With a successful career spanning nearly 30
years in the financial services industry, Eric brings a wealth of
expertise and leadership to his position as Executive Vice
President. He will play a critical role in guiding the firm as we
expand our services and position the business for greater growth.
He will essentially serve as our head of operations with
responsibility for recruiting top talent, driving asset growth,
adding cutting-edge solutions for our advisors and ensuring the
highest standards of compliance and supervisory controls. We are
extremely fortunate to add Eric to the leadership team of the
firm."
Eric Newman, EVP of Dominari
Securities, commented, "It is an exciting time to join the firm
given Dominari's trajectory and the opportunity to be part of the
early stages of executing the firm's growth and development
strategy. The firm's commitment to innovation and serving its
clients with a broad spectrum of services while ensuring the
highest level of compliance are perfectly suited for my
professional values and skills. I look forward to working with Kyle
and the team and contributing to the success of Dominari."
Eric Newman
Prior to joining Dominari Securities, Mr. Newman served as Chief
Supervisory Officer of Aegis Capital where he was responsible for
the efficient operations and governance across all divisions of the
company, ensuring compliance with industry standards and the firm's
procedures. His responsibilities also extended to the development
and refinement of supervisory risk procedures, as well as the
management of the firm's various lines of business.
Prior to Aegis Capital, Mr. Newman served as Managing Director
of Investments and Branch Manager at National Securities for over a
decade, showcasing his commitment to excellence and strategic
leadership in the financial sector.
For additional information about Dominari Holdings Inc., please
visit: https://www.dominariholdings.com/
Dominari Securities LLC's Mission Statement:
Dominari Securities LLC, a principal subsidiary of Dominari
Holdings Inc., is a dynamic, forward-thinking financial services
company that seeks to create wealth for all stakeholders by
capitalizing on emerging trends in the financial services sector
and identifying early-stage future opportunities that are expected
to generate a high rate of return for investors.
Securities Brokerage and Registered Investment Adviser Services
are offered through Dominari Securities LLC, a Member of FINRA,
MSRB and SIPC. Securities brokerage, investment adviser and other
non-bank deposit investments are not FDIC insured and may lose some
or all of the principal invested. You can check the background of
Dominari Securities and its registered investment professionals and
review its SEC Form CRS on FINRA's BrokerCheck site at
https://brokercheck.finra.org. Information for Dominari Securities
LLC and its registered investment professionals as well as its SEC
Form CRS may also be found on FINRA's BrokerCheck site.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Words such as "may,"
"might," "will," "should," "believe," "expect," "anticipate,"
"estimate," "continue," "predict," "forecast," "project," "plan,"
"intend" or similar expressions, or statements regarding intent,
belief, or current expectations, are forward-looking statements.
While the Company believes these forward-looking statements are
reasonable, undue reliance should not be placed on any such
forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are based upon current estimates and assumptions and are
subject to various risks and uncertainties, including without
limitation those set forth in the Company's filings with the SEC,
which include but are not limited to the Risk Factors set forth in
the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2022 relating to its
business. Thus, actual results could be materially different. The
Company expressly disclaims any obligation to update or alter
statements whether as a result of new information, future events or
otherwise, except as required by law.
Contacts:
Dominari Holdings
Inc.
https://www.dominariholdings.com/
Investor Relations
Hayden IR
Brett Maas,
Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com
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SOURCE Dominari Holdings Inc.
