West Conshohocken, PA, June 3, 2019 – Boenning & Scattergood, Inc., a leading independent securities, asset management and investment banking firm, announced that Michael Geraghty has been promoted to Market Maker in its Institutional Equity Sales and Trading Group. Mr. Geraghty will act as market maker in more than 265 NASDAQ and OTC bank and thrift stocks.
“Mike has been a leader within our equity sales team for quite some time, so we’re pleased to recognize him with a promotion to Market Maker,” commented Edward Murray, Chief Operating Officer at Boenning & Scattergood. “Since joining our team six years ago, he’s shown tremendous growth in his technical ability to do his job and has created deeply-rooted relationships with clients and colleagues throughout the firm.”
Mr. Geraghty joined Boenning & Scattergood in 2013 as an Equity Research Associate. In 2015, he transitioned to the Equity Sales team where he assisted the equity sales group in every facet of the sales and trading of the firm’s clients concentrating in the financial institution segment of our platform. Michael has worked closely with CEOs, CFOs and management teams on corporate buybacks, rebalancings and position liquidations. Mr. Geraghty earned a Bachelor of Science in Finance from Penn State University.
Mr. Geraghty is a CFA® charterholder and holds FINRA Series 7, 55, 63, 86 and 87 licenses.
About Institutional Equity Sales and Trading
Boenning & Scattergood’s institutional equity sales group is highly experienced, possesses in-depth product knowledge and maintains the strongest relationships with money managers, mutual funds and the hedge fund community. Boenning has long since established a reputation in the financial institution space as a leader in providing market expertise, enhanced liquidity and distribution of securities throughout the capital structure. The equity sales group benefits from the experience of our equity research team as well as the individual bank by bank knowledge Boenning’s highly successful Investment Banking Group can provide
About Boenning & Scattergood
Established in 1914, Boenning & Scattergood. is one of the oldest independent securities, asset management and investment banking firms in the Mid-Atlantic, Midwest and Northeast Regions. Professionals at the firm provide individual investors, corporate and municipal clients and institutions a full complement of financial services including retail brokerage, equity research, equity and fixed income sales and trading, investment banking, public finance, equity option strategy and asset management. For more information, please visit www.boenninginc.com. Member FINRA / SIPC.