IRVINE, Calif.,
March 29, 2019 /PRNewswire/ --
FinTech Global Markets, Inc. ("FTGM") today announced that it has acquired Sutter Securities Incorporated ("
Sutter
"), a longstanding FINRA member and SEC-registered broker-dealer headquartered inSan Francisco
. Boustead & Company Limited is the majority shareholder of FTGM.Sutter
, along with its affiliates, Fintech Clearing, LLC ("FinTech") and Boustead Securities, LLC, are FINRA members and SEC-registered. The companies all broker dealers, provide a wide range of investment banking services that include IPOs, M&A, Reg D, Reg A+, securities trading, clearing and custody, mutual fund sales, and while not currently active, support the operation of an alternative trading system to facilitate transactions in securities that are not publicly-traded. "I'm pleased to be working with the FTGM team as we move investment banking into the future," saidBob Muh
, a Co-Founder of Sutter Securities. Bob will continue to serve as aSutter
executive and joins the FTGMs' Board of Directors. A frequent speaker at industry-leading conferences, Bob was elected to the FINRA Board of Governors in 2016. "It is exciting to have the opportunity to work withBob Muh
andGilbert Matthews
, who boast over 40 years each of extensive investment banking experience," saidRon Reed
, CEO of FTGM. "They andSutter
will accelerate our growth and expand the services we can provide for issuers and investors alike," Reed concluded.