Leonard Sokolow Joins Newbridge Financial, Inc. as CEO & President & Will Also Serve as the Chairman of Primary Subsidiary, N...
March 03 2015 - 12:38PM
Business Wire
Newbridge Financial, Inc. (“NFI”), a diversified holding company
in the financial services industry, is proud to announce that
Leonard Sokolow has joined the firm as its Chief Executive Officer
and President. In addition, Mr. Sokolow will serve as the Chairman
of the Company’s main subsidiary, Newbridge Securities Corporation
(“NSC”), a leading full-service broker/dealer based in wealth
management, traditional brokerage services and investment banking.
Newbridge focuses on middle-market and emerging-growth companies
domestically and internationally.
Mr. Sokolow is one of the most widely respected authorities in
the public markets. He brings more than two decades of highly
sophisticated investment banking and managerial experience to
Newbridge. His renowned in corporate finance is self-evident.
Mr. Sokolow previously served as President and Vice Chairman of
National Holdings Corporation (OTCBB: NHLD), a broad-based
international finance Company founded in 1947; Co-Founder,
Chairman, and Chief Executive Officer of vFinance, Inc., which he
merged with National Holdings Corporation in 2008; and Chairman of
vFinance Investments, Inc. During his tenure and association with
these companies he led the growth from start-up to a full-service
investment banking and asset management firm, with over 1,100
independent advisors, brokers, traders and sales associates, that
provides a range of services, including independent retail
brokerage and advisory services, investment banking, institutional
sales and trading and equity research, financial planning, market
making, tax preparation, insurance and annuities, to corporations,
institutional investors and high-net-worth clients.
In addition, he is on the Board of Directors and is Chairman of
the Audit Committee as well as a member of the Nominations and
Corporate Governance Committee of Consolidated Water Company, Ltd.
(NASDAQ: CWCO) and is on the Board of Directors and Chairman of the
Audit Committee of Alberta Oil Sands, Inc. (TSXV: AOS.V).
Practicing corporate, securities and international tax law, Mr.
Sokolow was a founding attorney and a partner in a boutique Miami,
Florida law firm serving international, corporate, and banking
clients. He is also a CPA. As a financial industry executive with
public company and mergers and acquisition experience, Mr. Sokolow
adds a powerful dimension to the NFI and NSC team.
“I have known and respected the co-founders and principals of
NFI and NSC for almost two decades,” Sokolow said. “They have
repeatedly prevailed, overcoming every challenge that the financial
industry has faced in the past 20 years. In the process, they’ve
built and consistently expanded a truly formidable financial
services platform. I believe the foundation they have established
will support even the most grandiose growth strategies we’ve set
forth. These men are dynamic, and their undaunted dedication,
innovation, and hard work have created a financial institution that
fills me with some of the greatest ambition I have ever experienced
in my career. I am particularly enthusiastic about rolling up my
sleeves to add compelling vertical businesses as well as broaden
our merchant banking activities.”
“We are confident Lenny’s experience and diversified knowledge
base will allow NFI to more efficiently and effectively execute its
growth plans,” said Guy Amico, Co-founder and Executive Chairman of
NFI. “As we move towards acquisitions and increasing our worldwide
footprint, Lenny’s talents will be tantamount in our corporate
growth initiatives and strategies as well as overall governance.
His professionalism and interpersonal skills, including his warm
and motivating bedside manner, are key to implementing even
stronger leadership, improving our strategic and tactical execution
and enhancing overall communication,” said Amico.
About Newbridge
Newbridge Financial, Inc., as the holding company for Newbridge
Securities Corporation provides strategic management consulting
services to growth companies and explores the development of lines
of business complementary to but outside of the financial services
industry.
Newbridge Securities Corporation provides full-service
securities brokerage and investment banking services to a
broad-based group of individuals and corporate clients. Comprised
of a committed and experienced team of financial service
professionals, we seek to empower our clients to build and preserve
wealth by providing superior financial services and products.
For more information on Newbridge, please visit
www.newbridgesecurities.com. Contact: Thomas Casolaro, Newbridge
Securities, 561-395-1220; tcasolaro@newbridgesecurities.com.
Source: Newbridge Financial, Inc., 1451 W. Cypress Creek Rd.,
Fort Lauderdale, FL 33309; Tel: 877-447-9625.
Safe Harbor Forward-Looking Statements
This news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or
uncertainties materialize or such assumptions prove incorrect, the
results of Newbridge’s business and its consolidated subsidiaries
could differ materially from those expressed or implied by such
forward-looking statements and assumptions. All statements other
than statements of historical fact are statements that could be
deemed forward-looking statements, including but not limited to
statements regarding our ability to add efficiencies in our
operations, diversify our business and increase revenues and our
asset base. Such risks and uncertainties include, among other
things, the uncertainty regarding when operational efficiencies may
occur and uncertainty regarding the success of our business in the
financial sector and merchant banking industry. Newbridge assumes
no obligation and does not intend to update these forward-looking
statements.
Newbridge Securities CorporationThomas Casolaro,
561-395-1220CEOtcasolaro@newbridgesecurities.comwww.newbridgesecurities.com