Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Watch Out Nasdaq, Here Comes Neil Hennessy Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 28, 2014

Watch Out Nasdaq, Here Comes Neil Hennessy

Reported by Tommy Fernandez

Never let it be said that Neil Hennessy can't work a room, or a market, for that matter.

Or rather, it's his firm Hennessy Advisors, which announced that it is moving its shares from the OTC market to Nasdaq.

In a statement, Hennessy, who is president, chief executive, and chair of his firm, declared that “Listing our stock on this highly-respected, national exchange is a significant milestone for Hennessy Advisors and emphasizes our commitment to grow the value of the company for the benefit of our shareholders. With our impressive growth of assets under management, our firm is garnering more and more attention from potential investors. We strongly believe this move to NASDAQ will provide more liquidity for our current stockholders, increase the firm’s visibility to the investment community and allow many institutions to invest in Hennessy Advisors who typically do not or cannot invest in over-the-counter securities."

What could his firm do with more liquidity and investor attention? Well, maybe more of the acquisitions that Hennessy is hungering for.

Meanwhile, on the organic growth side, Hennessy's firm continues to push for sales with a less than traditional approach to wholesaling. These efforts are led by Brian Carlson, who Hennessy hired recently as head of distribution

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use