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Jesup & Lamont, Inc. · New York, NY United States

650 Fifth Ave.,
3rd Fl.
Phone: 212-307-2660
New YorkNYFax: 212-757-7478
10019Toll Free: 800-356-2092
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Jesup & Lamont, Inc. Rankings

Company Description

The storied brokerage came to an unhappy ending With roots going back to 1877, Jesup & Lamont provided brokerage and investment banking to retail investors and small to midsized financial institutions (e.g., credit unions, hedge funds, and money managers) in the US, Europe, and Asia. In June 2010, cash-strapped subsidiary Jesup & Lamont Securities was ordered by regulators to stop trading, with the exception of liquidations. The firm subsequently announced massive layoffs -- all nonessential personnel -- as it considered its alternatives. The company worked with FINRA to cut costs and regain compliance, but ultimately filed for Chapter 11 bankruptcy protection and began winding down operations in July 2010.

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Financials

Company TypePublic
Fiscal Year-EndDecember
2009 Employees258
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Executives

10 executives listed for Jesup & Lamont, Inc.'s New York, NY location.

ChairmanSteven RabinoviciE-mail
CEOAlan WeichselbaumE-mail
PresidentDonald WojnowskiE-mail

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