Triad Securities
{{Infobox company
| name = Triad Securities
| logo = File:Triad Logo2.jpg
| type = Private
| foundation = 1976
| location_city = New York City, New York, U.S.
| key_people = Richard Schultz (Founder)
| industry = Finance
| services = Prime Brokerage
U.S. and Intl. Execution
New Issue Service
| num_employees =
| homepage = [http://www.triadsecurities.com/ www.triadsecurities.com]
}}
Triad Securities Corp. was founded in 1976 as a full-service agency only discount brokerage firm. Triad’s products and services comprise three categories: prime brokerage, the New Issue Service, and U.S. and international equity and fixed income execution.{{cite web |url=http://www.triadsecurities.com/ |title=Home |website=triadsecurities.com}}
History
Triad Securities Corp. was founded as a discount brokerage firm in July 1976 by Richard Schultz.{{Cite web |last=D'Antona |first=John |date=2016-08-04 |title=Triad Securities Corp. Celebrates 40th Anniversary |url=https://www.marketsmedia.com/triad-securities-corp-celebrates-40th-anniversary/ |access-date=2024-06-12 |website=Markets Media |language=en-US}} Schultz navigated Triad Securities through the stock market crisis of 1987, as well as the Great Recession of 2008. Schultz, now deceased,{{Cite web |title=Paid Notice: Deaths SCHULTZ, RICHARD E |url=https://query.nytimes.com/gst/fullpage.html?res=9807E1D8133AF931A35751C0A9649D8B63 |access-date=2024-06-17 |website=query.nytimes.com |language=en}} had gained substantial experience working in brokerage firms including EF Hutton, Bear Stearns, Weisenberg, Weis Voison & Co., and Muriel Seibert; he was also President of Ladenberg Thalmann prior to founding Triad Securities. Triad Securities Corp. has been providing prime brokerage services to its global clients since 1994.
In 2016, former JP Morgan executive Tom Landsberger was hired as director of prime brokerage sales.{{Cite web |title=Triad Securities adds prime brokerage veteran to its ranks {{!}} News {{!}} Futures & Options World |url=https://news.fow.com/articles/3648321/triad-securities-adds-prime-brokerage-veteran-to-its-ranks |access-date=2024-06-12 |website=news.fow.com}}
In 2019, the company launched its Prime Brokerage mobile app, Triade Mobile, which allows customers to access their entire financial profile.{{Cite web |author=Editorial Staff |date=2019-07-26 |title=Triad Securities Launches New Prime Brokerage App |url=https://www.tradersmagazine.com/departments/brokerage/triad-securities-launches-new-prime-brokerage-app/ |access-date=2024-06-17 |website=Traders Magazine |language=en-US}}
Operations
Triad Securities Corp. continues to operate through its Wall Street headquarters at 111 Broadway in New York City.{{Cite web |title=Triad Securities Corp |url=https://www.bloomberg.com/profile/company/0219214D:US |access-date=2024-06-17 |website=www.bloomberg.com}} Triad is registered with the U.S. Securities and Exchange Commission (SEC), is a member of FINRA (Financial Industry Regulatory Authority), and a member of SIPC (Securities Investor Protection Corporation).{{Citation needed|date=June 2024}}
References
{{Reflist|colwidth=35em}}
External links
- [http://www.triadsecurities.com Official website]
- [https://www.wsj.com/articles/SB115127621967590257 WSJ: "9 Deals may Price"]
- [http://gaskinsco.com/6-22-06-wsj.htm WSJ: "Deal Strain on Refco News"]
- [http://www.homeownerseconomist.com/MW_08_14_05.html Quoted alongside Morgan Stanley]
- [https://www.wsj.com/articles/SB120995810921366913 WSJ: May 2009]
- [http://online.barrons.com/article/SB125816517148348073.html Barrons: Nov 2009]
- [https://www.wsj.com/articles/SB10001424052748704388304575202271810337304 WSJ: Apr 2010 "Testy Market"]
- [https://www.wsj.com/articles/SB10001424052748704381604575005324219222924 Mentioned in the book “The Prince of Silicon Valley” pages 112 and 188.]