JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Richard M. Hanley has joined JMP Securities as a managing director and its director of corporate access. Mr. Hanley, who is based in the firm’s New York office, will oversee JMP Securities’ efforts to provide its institutional brokerage clients with increased contact with senior executives of notable public and private companies.
“An expanded corporate access program is key to the growth of JMP’s institutional brokerage business,” said Mark Lehmann, president of JMP Securities. “More than ever before, in a time of market volatility and economic uncertainty, institutional money managers want to interact on a face-to-face basis with the executives running the companies in which they invest. Rick has had tremendous success—both on an entrepreneurial platform and on a large, global banking platform—executing strategies that increased market share and established those platforms as leaders in the corporate access arena. We look forward to his contributions here at JMP.”
Prior to joining JMP Securities, Mr. Hanley founded and operated Hanley & Associates for seven years, offering corporate access advisory services and technology solutions to sell-side and buy-side institutions as well as publicly traded companies. He was previously a managing director at Deutsche Bank, where he served as head of corporate access and earlier as head of institutional middle market sales. Beforehand, Mr. Hanley was a senior vice president at Prudential Securities, working as director of consumer, energy and finance research and as an institutional equity salesperson during his nine-year tenure. He spent two years as a vice president and equity research analyst at McDonald & Company Securities and began his career as an investment analyst at National City Bank. Mr. Hanley holds an MBA from Indiana University and a BBA from University of Toledo.
About JMP GroupJMP Group Inc. is a full-service investment banking and asset management firm that provides investment banking, sales and trading, and equity research services to corporate and institutional clients as well as alternative asset management products to institutional and high-net-worth investors. JMP Group operates through three subsidiaries: JMP Securities, Harvest Capital Strategies and JMP Credit Advisors. For more information, visit www.jmpg.com.