Merriman Holdings, Inc. Names Bud Leedom to its Independent Advisory Board

SAN FRANCISCO, Sept. 19, 2012 /PRNewswire/ -- Merriman Holdings, Inc. (OTCQX: MERR), the parent company of Merriman Capital, Inc., today announced that it has appointed Bud Leedom to its independent advisory board.  

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Bud Leedom has been a specialist in analyzing Southern California based companies for more than 20 years. He is President of Leedom Asset Management, Inc., a private investment management firm, and serves as Chairman of the Southern California Investor Conference, an annual conference based in Newport Beach, CA. Leedom is well known as the creator of LSI Charts. LSI Charts are generated by a proprietary investment algorithm and utilized by fund managers and professional investors to calculate real-time institutional buying and selling trends in stocks.

Leedom is recognized as a leading voice among Southern California companies having served as a regular guest on KNX 1070's Business Hour financial broadcast, San Diego Magazine's 'Top 50 People to Watch,' and in numerous leading TV, radio and financial publications.

"I've worked with Bud across a variety of roles over the past 12 years and have always been impressed with his stock picking ability, his passion for entrepreneurial companies and deep industry relationships. He's a great friend of our firm and we are very pleased to have him on our advisory board." stated Jon Merriman, CEO of Merriman Holdings, Inc.

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/.

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 our 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 filed on April 30, 2012 and our 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.