In This Article:
Adds seasoned Wealth Advisors, Michael Schiavello and Billy Takos, and team of 12 experienced wealth advisors
NEW YORK, March 5, 2024 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced its wholly-owned subsidiary, Dominari Securities LLC, has further expanded its wealth management practice to include a team of 12 seasoned wealth advisors led by Mr. Michael Schiavello and Mr. Billy Takos.
Mr. Schiavello and Mr. Billy Takos will serve as Managing Directors and Co-Heads of Private Equity at Dominari Securities. With more than 60 years of combined experience in the financial services industry, they have a deep understanding of the complexities of the financial markets and vast experience managing private equity portfolios and advising high-net worth clients.
The team, which is located in Garden City, New York, advises across the spectrum of financing vehicles including private placements, structured financings, Pre-IPO, Unicorns and special purpose vehicles (SPVs) in addition to traditional wealth management solutions.
Mr. Kyle Wool, CEO of Dominari Securities LLC, commented, "We are ramping up quickly to reinforce Dominari's position as a full-service, diversified financial services firm with a broad scope of offerings. Adding Michael, Billy and their team is a large step forward for our wealth management practice. As we continue to execute our 'growth and development' strategy, we are focused on landing top talent with proven track records that can hit the ground running on day one.
"The addition of these wealth management advisors is the second team in as many weeks to join Dominari Securities. Similarly, Michael, Billy and the team have proven experience in structuring, managing and raising capital for private equity clients with multi-million-dollar portfolios. They have established themselves as 'big producers' and bring a level of energy to Dominari Securities that we believe will be extremely beneficial. We are pleased to welcome Michael, Billy and the rest of their team."
For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/
Dominari Securities LLC's Mission Statement:
Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors.