SOURCE: Maxim Group

Maxim Group

August 25, 2011 13:00 ET

Maxim Group LLC Launches Growth Initiative for Its Equity Capital Markets Platform

NEW YORK, NY--(Marketwire - Aug 25, 2011) - Maxim Group LLC, a leading full-service investment banking, securities and wealth management firm, unveiled a continued expansion plan for its Equity Capital Markets platform designed to enhance its growth towards becoming a national full-service firm.

Maxim Group, which has experienced growth across all divisions in 2011, designed this plan specifically to target growth opportunities in the Equity Capital Markets arena. Some key components of the plan include:

  • The establishment of Institutional Sales and Sales Trading Offices in Stamford, CT and West Palm Beach, FL, which are planned to begin operation in the fourth quarter of 2011. The offices will be staffed by both research sales professionals and sales traders.
  • Continued growth in the Institutional Sales and Sales Trading Office in San Francisco, CA.
  • Special efforts will be made to expand the Firm's Research Department, which currently has 10 research professionals focusing on mid-cap emerging growth companies with a market capitalization between $100 million and $10 billion. It is anticipated that by the fourth quarter of 2012, Maxim will employ 15 research professionals, significantly expanding its research coverage.
  • Continued growth of the Firm's Prime Brokerage Program. Maxim Group provides prime brokerage solutions for emerging and middle markets managers that combines high-touch execution services and a multi faceted approach to capital introduction.

Large Wall Street banks have been forced to scale back operations and shed jobs during this time. Maxim Group has been able to capitalize on tough times-driven by the belief that volatile markets present tremendous opportunities. "This is the best time for us to grow because we've gained regional strength through our diverse platform. Maxim Group's strong growth over the years has come during volatile market conditions. We are committed to continue that strategy and leverage the current environment," said Michael Rabinowitz, Chairman and CEO of Maxim Group.

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit

Contact Information

  • For further information please contact:

    John J. Garrity
    Executive Managing Director