Traders On the Move

Robert Veek has been promoted to managing director and head of institutional trading at Summer Street Research. He will continue to cover accounts for the Boston-based health care boutique, which has three traders in Boston and three in New York. Prior to joining Summer Street last year, Veek spent five years at White Cap Trading. That came after 13 years at Fidelity Capital Markets as a trader and market maker in both Boston and New York. He reports to Al Sollami, the company’s chief executive.

Joseph Benanti has been promoted to director of sales at Rosenblatt Securities in New York. Benanti, a 30-year veteran, joined Rosenblatt as a salesman nearly five years ago after a long career as a trader on the floor of the New York Stock Exchange. He worked for several independent brokerages, including his own, and was also a floor governor. Benanti reports to Joe Gawronski, the firm’s president and chief operating officer.



Minority brokerage firm Williams Capital Group opened a Boston office, hiring industry veterans Rick Gill and Ken Beaulieu as sales traders. Gill, a 27-year veteran, joins from Sterne Agee, where he spent four years. A past president of the Boston Securities Traders Association, Gill also worked at Oppenheimer & Co., Gruntal & Co. and Everen Securities. Beaulieu, a 13-year veteran and a former board member of the BSTA Foundation, joins Williams from Avondale Partners, where he spent four years after spending much of his career at Banc of America Securities. Both report to Stephen Carl and Michael Ferry, co-heads of equity sales and trading.



James Brigagliano, a former deputy director of the Division of Trading and Markets at the Securities and Exchange Commission, joined the law firm of Sidley Austin as a partner in the firm’s securities and futures regulatory practice. Brigagliano spent 25 years with the SEC, joining the Division of Trading and Markets in 2006. He was named deputy director in 2009.



B. Riley & Co. has expanded its San Francisco and New York offices by hiring eight professionals in institutional sales and equity research. Gerard Sweeney and Lacy Taylor join as sales traders in San Francisco. Sweeney, a 13-year pro, comes from Leerink Swann. He also was a sales trader at Stifel, Nicolaus, Legg Mason and Bear Stearns. Taylor comes from Merriman Capital were she was in institutional equity sales for two years. Both report to Knut Grevle.
Rounding out the West Coast hires are; Russell Stanley, a seven-year veteran, Paul Kent, a 20-year pro, Eric Rajewski, an 11-year pro and Chad Cooper, a 12-year veteran. The four are in institutional equity sales and come from Merriman Capital. They report to Andy Moore and Ken Tang. 
In New York, Michael Phillipps, a 22-year vet, joins as a sales trader and comes from Guggenheim Securities, where he was a director. He has done stints at ThinkEquity Partners, Alternative Asset Investment and Ladenburg Thalmann. He reports to Knut Grevle. Adrienne Hudspeth, a five-year veteran, joins as operations and compliance officer. She comes from Merriman Capital and reports to Allison Petchenik.

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