Adds seasoned Wealth Advisors, Michael Schiavello and Billy Takos, and team of 12 experienced wealth
advisors
NEW
YORK, March 5, 2024 /PRNewswire/ -- Dominari
Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced
its wholly-owned subsidiary, Dominari Securities LLC, has further
expanded its wealth management practice to include a team of 12
seasoned wealth advisors led by Mr. Michael
Schiavello and Mr. Billy
Takos.
Mr. Schiavello and Mr. Billy
Takos will serve as Managing Directors and Co-Heads of
Private Equity at Dominari Securities. With more than 60 years of
combined experience in the financial services industry, they have a
deep understanding of the complexities of the financial markets and
vast experience managing private equity portfolios and advising
high-net worth clients.
The team, which is located in Garden
City, New York, advises across the spectrum of financing
vehicles including private placements, structured financings,
Pre-IPO, Unicorns and special purpose vehicles (SPVs) in addition
to traditional wealth management solutions.
Mr. Kyle Wool, CEO of Dominari
Securities LLC, commented, "We are ramping up quickly to reinforce
Dominari's position as a full-service, diversified financial
services firm with a broad scope of offerings. Adding Michael,
Billy and their team is a large step forward for our wealth
management practice. As we continue to execute our 'growth and
development' strategy, we are focused on landing top talent with
proven track records that can hit the ground running on day
one.
"The addition of these wealth management advisors is the second
team in as many weeks to join Dominari Securities. Similarly,
Michael, Billy and the team have proven experience in structuring,
managing and raising capital for private equity clients with
multi-million-dollar portfolios. They have established themselves
as 'big producers' and bring a level of energy to Dominari
Securities that we believe will be extremely beneficial. We are
pleased to welcome Michael, Billy and the rest of their
team."
For additional information about Dominari Holdings Inc., please
visit: https://www.dominariholdings.com/
Dominari Securities LLC's Mission Statement:
Dominari Securities LLC, a principal subsidiary of Dominari
Holdings Inc., is a dynamic, forward-thinking financial services
company that seeks to create wealth for all stakeholders by
capitalizing on emerging trends in the financial services sector
and identifying early-stage future opportunities that are expected
to generate a high rate of return for investors.
Securities Brokerage and Registered Investment Adviser Services
are offered through Dominari Securities LLC, a Member of FINRA,
MSRB and SIPC. Securities brokerage, investment adviser and
other non-bank deposit investments are not FDIC insured and may
lose some or all of the principal invested. You can check the
background of Dominari Securities and its registered investment
professionals and review its SEC Form CRS on FINRA's BrokerCheck
site at https://brokercheck.finra.org. Information for Dominari
Securities LLC and its registered investment professionals as well
as its SEC Form CRS may also be found on FINRA's BrokerCheck
site.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Words such as "may,"
"might," "will," "should," "believe," "expect," "anticipate,"
"estimate," "continue," "predict," "forecast," "project," "plan,"
"intend" or similar expressions, or statements regarding intent,
belief, or current expectations, are forward-looking statements.
While the Company believes these forward-looking statements are
reasonable, undue reliance should not be placed on any such
forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are based upon current estimates and assumptions and are
subject to various risks and uncertainties, including without
limitation those set forth in the Company's filings with the SEC,
which include but are not limited to the Risk Factors set forth in
the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2022 relating to its
business. Thus, actual results could be materially different. The
Company expressly disclaims any obligation to update or alter
statements whether as a result of new information, future events or
otherwise, except as required by law.
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SOURCE Dominari Holdings Inc.
