SAN FRANCISCO, Sept 26 , 2012 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced the addition of CFO 911's Charles K. Dargan II, CEO, and Reid Dabney, Managing Director, to its Financial Entrepreneur Platform ("FEP"). Through the FEP platform, Merriman contractually provides financial entrepreneurs with professional services, such as compliance and security licensing, facilities, legal services, distribution and technology infrastructure to help them grow their business.
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"Charley and Reid have sterling reputations as advisors and counselors to small, fast growing companies and having known Charley for most of my career I'm pleased to have the opportunity to finally work together. Given the size and stage of growth of our clients, they are very often in need of specialized financial and operational expertise. Our affiliation with CFO 911 allows us to seamlessly recommend these services to a group we trust." stated Jon Merriman.
Will Febbo, COO of Merriman, added: "As we strive to build a premier platform for financial professionals, it is critical to look outside the traditional services of banking. CFO 911 embodies a valuable service not only to our internal clients but to all those clients who come to us through FEP. As we scale the platform beyond the four FEP groups we have now, it is far more about the community you build than the percentage of revenue share that makes the FEP successful. We believe having complementary services such as CFO 911 affiliated with FEP is critical to strong leadership in this new market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. The firm also provides capital raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the leading investment banking firm for OTCQX companies. For more information, please go to http://www.merrimanco.com/.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About CFO 911
CFO 911 (www.cfo911solutions.com) is an organization of accounting, finance and operational experts who provide management expertise to middle market companies to solve their critical accounting, finance and operational issues. CFO 911'sprofessionals have amassed a unique depth and breadth of operational and financial experience developed by having worked as CEO's, Presidents, COOs and CFOs of Fortune 500 firms, micro cap publicly traded companies, private emerging growth companies and not-for-profit organizations.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K/A filed on April 30, 2012 and the form 10-Q filed on August 14, 2012. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K/A filed on April 30, 2012 and the form 10-Q filed on August 14, 2012, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
SOURCE Merriman Holdings, Inc.
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