Business
Dominari Securities Appoints 30 Year Financial Industry Expert to Manage Operations and Compliance
Eric Newman Appointed as Executive Vice President NEW YORK, March 15, 2024 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today
About this update from Dominari Holdings Inc.
[{"type":"text","content":"Eric Newman Appointed as Executive Vice President \nNEW 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.\n\n \n \n \n \n \n \n\n \nMr. 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.\nKyle 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.\"\nEric 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.\"\nEric Newman\nPrior 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 variou...