CSM is pleased to announce the successful integration of First Southeastern Securities Group on September 19, 2007.
First Southeastern, established by its President and CEO, Henry A. Hale, and headquartered in Tampa, FL has been serving investors since 1983.
"The evolution of our industry in the past five years is such that small firms must achieve adequate scale in order to absorb the dramatically increased compliance obligations and cost, and in order to achieve and maintain a financially competitive clearing arrangement.
I have known Capitol and its management team for many years. They enjoy a well deserved reputation for integrity and share with us our primary value of putting the customer's interest first." said Hale.
The addition of First Southeastern, and a regional branch office in Tampa, solidifies Capitol's presence in the Florida market enabling it to better serve not only its customers but also its registered representatives in that region.
"From the first time I met Henry and his team, I knew this was a perfect fit. We share a similar culture and ideals on how to properly treat people while also running a successful business" said G. Mark Hamby, President of CSM.
Capitol Securities Management, Inc. is a Mid-Atlantic based, privately owned brokerage and investment firm with branch offices in Mclean and Richmond, VA, Boston MA, Hickory, NC, Florham Park, NJ, and Tampa, FL. Capitol employs over 150 fulltime investment professionals and independent affiliates in locations from New England to Florida and has been serving the needs of its investors for over 25 years. It is a member of FINRA and SIPC.