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National Securities Corporation announces the addition of John Benda to Equity Research Team

19 March 2014
Published in Press Releases

NEW YORK, March 19, 2014 – National Holdings Corporation (OTC BB: NHLD) (”National Holdings” or the “Company”), a full-service investment banking and asset management firm, today announced that John R. Benda has joined the Company’s broker-dealer subsidiary, National Securities Corporation, as a Senior Equity Research Analyst, covering REITs and other real estate related securities. In the new role, Mr. Benda is based in New York. 

Mark Goldwasser, President and Chief Executive Officer of National Securities, commented, “John brings to National Securities significant industry knowledge and strong industry relationships with company executives and investors. This appointment fits with our strategy of serving companies in emerging growth sectors and expanding our platform to under-followed areas of financial services, including REITs and BDCs. I am confident in John’s expertise and ability to serve our institutional and retail clients.”

The appointment of Mr. Benda builds on the current coverage of Business Development Companies (BDCs), which is led by Andrew Kerai, who joined in August 2013. Mr. Benda joins National Securities from Susquehanna International Group, where he worked in equity research and covered homebuilders, mortgage insurers and single-family rental REITs since 2010. Previously, he worked in equity research at Prudential Equity Group. Prior to his career in equity research Mr. Benda worked in corporate finance at K. Hovnanian Enterprises and before that at TD Bank Financial Group in commercial lending. He received a Bachelor degree in Business Administration from George Washington University and is a level III CFA candidate.

 

About National Holdings Corporation

National Holdings Corporation is a full-service investment banking and asset management firm that provides a range of services, including independent retail brokerage and advisory services, investment banking, institutional sales and trading and equity research, financial planning, market making, tax preparation, insurance and annuities, to corporations, institutional investors and high-net-worth clients. With over 1,100 Independent advisors, brokers, traders and sales associates, the Company is a leading Independent Advisor and Broker services company. National Holdings operates through five subsidiaries: National Securities Corporation, vFinance Investments, Inc., National Insurance Corporation and National Asset Management, Inc. and Gilman Ciocia, Inc. The Company was founded in 1947 and is headquartered in New York and Florida. For more information, visit www.nhldcorp.com.

 

Safe Harbor Statements

This release contains forward-looking statements within the meaning of the federal securities laws. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Information on significant potential risks and uncertainties that may also cause differences includes, but is not limited to, those mentioned by National Holdings from time to time in their filings with the SEC. The words “may,” “will,” “believe,” “estimate,” “expect,” “plan,” “intend,” “project,” “anticipate,” “could,” “would,” “should,” “seek,” “continue,” “pursue” and similar expressions and variations thereof identify certain of such forward-looking statements, which speak only as of the dates on which they were made. National Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may be disclosed from time to time in our SEC filings or otherwise, including the factors discussed in Item 1A, Risk Factors, of our Annual Report on Form 10-K and in or periodic reports on Form 10-Q, and, therefore, readers should not place undue reliance on these forward-looking statements.

 

Contacts:

National Holdings Corporation

Mark Klein, 212-417-8210                      

Chief Executive Officer and Co-Chairman

Or

Prosek Partners

Nick Rust, 212-279-3115

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Source: National Holdings Corporation

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