Penson Worldwide ( PNSN) 3Q 2010 Earnings Call November 2, 2010 10:00 a.m. ET Executives Phil Pendergraft – Chief Executive Officer Kevin McAleer – Executive Vice President & Chief Financial Officer Analysts Mike Vinciquerra - BMO Ken Worthington – J.P. Morgan Patrick O’Shaughnessy – Raymond James Howard Chen – Credit Suisse Dave Katz – J.P. Morgan Chris Connor – Sandler O’Neill Kevane Wong – JMP Securities Mark Lane – William Blair Scott Appleby – Appleby Capital PresentationOperator
Good morning and welcome to the Penson Worldwide conference call. Before we begin, I would like to read Penson’s safe harbor statement. Please note that this presentation contains certain forward-looking statements about management’s goals, plans, and expectations which are subject to various risks and uncertainties outlined in the risk factors section of Penson’s Securities and Exchange Commission filings. Actual results could differ materially from those currently anticipated and we disclaim any obligation to update information disclosed in this call as a result of developments which occur afterwards. At this time, all participants have been placed on a listen-only mode and the floor will open for questions and comments following the presentation. During the question-and-answer session, please do not use cell phones or blackberries as they can cause loud static on the line. I would now like to turn the floor over to Mr. Phil Pendergraft, Chief Executive Officer. Mr. Pendergraft, you may begin. Phil Pendergraft Good morning and thank you for joining us today. I am here with Kevin McAleer, our Chief Financial Officer, as usual. We have a presentation that accompanies our remarks and provides other information. It can be found on the Penson investor relations page events calendar. Look for the .pdf connected to this conference call.