SOURCE: R.F. Lafferty & Co., Inc.

R.F. Lafferty & Co., Inc.

April 22, 2010 08:30 ET

R.F. Lafferty Appoints Two New Senior Vice Presidents to Their Retail Brokerage Division

New Hires Reflect the Firm's Commitment to Expanding Its Retail Brokerage Business

NEW YORK, NY--(Marketwire - April 22, 2010) -  R.F. Lafferty & Co., Inc. ("R.F. Lafferty"), a leading securities firm, today announced the appointment of two new Senior Vice Presidents to the firm's retail brokerage division. The new hires, Philip Rosensweig and Arthur Kittelstad, will be responsible for expanding R.F. Lafferty's retail brokerage business. These appointments reflect R.F. Lafferty's continued initiative to grow the firm's talent base as part of its overall growth strategy.

Two veteran securities brokers, Mr. Rosensweig and Mr. Kittelstad join the R.F. Lafferty team from GunnAllen Financial. With over 20 years of experience, Mr. Rosensweig has held various executive positions at the retail brokerage businesses of Prudential Bache Securities, Smith Barney and Morgan Stanley Dean Witter. In 1999 he founded The Financial Advisors Network and still serves as managing director. Mr. Kittelstad is a seasoned securities broker with over 25 years of experience in the retail securities marketplace.

"We continue to proactively identify and recruit Wall Street's best talent, and we are pleased to have attracted industry veterans, like Arthur and Phillip, to focus on expanding our retail brokerage business," said Robert Hackel, Chief Operating Officer at R.F. Lafferty & Co. "These appointments reflect our mission to be a premier destination for clients and high-quality registered representatives who will benefit from a vast range of products and services, and our intellectual capital, which is a hallmark of R.F. Lafferty."

About R.F. Lafferty & Co., Inc.
Founded in 1946, R.F. Lafferty & Co. is a leading boutique securities firm and investment advisor providing clients with a wide range of services including financial advisory, retail and institutional brokerage and investment banking services. Headquartered in New York, the firm specializes in serving small and mid-sized companies and investors. For more information, please go to www.rflafferty.com.

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