Momentum Independent Network Welcomes 33 Financial Professionals
January 05 2023 - 05:15PM
Business Wire
Momentum Independent Network Inc. (MIN), an affiliate of Hilltop
Securities Inc. (HilltopSecurities), recently welcomed 33 new
financial professionals managing approximately $750 million in
client assets to its wealth management platform. All professionals
join from NTB Financial Corporation (NTB), a longtime clearing
correspondent of HilltopSecurities. Among the 33 professionals
transitioning to MIN are Anthony Petrelli, Michael Morgan, and
Regina Roesener, former senior members of NTB.
“We’ve had an excellent relationship with HilltopSecurities for
over 35 years,” said Anthony Petrelli. “Ultimately, Momentum
Independent Network was the best choice for us moving forward. Not
only did they provide us with an efficient transition plan, but
they share our commitment to integrity and honesty in
business.”
NTB’s transition expands MIN’s national footprint and adds $750
million in assets to its independent wealth management
platforms.
“We are pleased to welcome these experienced professionals to
Momentum Independent Network,” said John Muschalek, president of
MIN. “We aim to be the firm of choice for wealth management
professionals, whether they’re a part of our HilltopSecurities’
Private Client Group or MIN. We believe that our robust platforms
can deliver the tools and technology our professionals need, and we
look forward to helping these professionals grow their
businesses.”
“HilltopSecurities and NTB enjoyed a successful clearing
partnership for over 35 years. As Tony, Michael, and Gina explored
options that would allow them to transition out of the
broker-dealer model yet continue to serve their clients, we were
thrilled they chose to join Momentum Independent Network,” said
Lana Calton, HilltopSecurities executive managing director, head of
Clearing. “Over the past year, transition teams within NTB,
HilltopSecurities Clearing, and MIN have worked closely to ensure a
smooth transition. We wish them every success.”
About Momentum Independent Network
Momentum Independent Network Inc. (MIN), a member of FINRA and
SIPC, is a Dallas, Texas-based broker-dealer serving independent
registered representatives and their clients across the United
States. The firm is a wholly owned subsidiary of Hilltop Holdings
Inc. (NYSE: HTH) and a sister company of Hilltop Securities Inc.,
through which it clears its securities business. Other MIN
affiliates include PlainsCapital Bank and PrimeLending. Learn more
at MomentumIN.com.
About Hilltop Securities Inc.
Hilltop Securities Inc. delivers forthright advice and tailored
solutions for municipal issuers, institutions, broker-dealers, and
individuals. The full-service municipal investment bank and
registered investment adviser is headquartered in Dallas, Texas,
with offices across the United States. Areas of focus include
public finance; municipal and taxable fixed income underwriting,
sales, and trading; retail brokerage services; securities clearing;
structured finance; and securities lending. A wholly owned
subsidiary of Hilltop Holdings Inc. (NYSE: HTH), HilltopSecurities’
affiliates include Momentum Independent Network Inc., PlainsCapital
Bank, and PrimeLending. Learn more at www.HilltopSecurities.com.
Member: NYSE/FINRA/SIPC.
FORWARD-LOOKING STATEMENTS DISCLAIMER
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements anticipated in such
statements. Forward-looking statements speak only as of the date
they are made and, except as required by law, we do not assume any
duty to update forward-looking statements. Such forward-looking
statements include, but are not limited to, statements concerning
such things as our plans, objectives, strategies, expectations,
intentions and other statements that are not statements of
historical fact, and may be identified by words such as “believe,”
““expects,” “may,” “plan,” “seeks,” “will” or “would” or the
negative of these words and phrases or similar words or phrases.
See the risk factors described in Hilltop Holdings Inc.’s most
recent Annual Report on Form 10-K and subsequent Quarterly Reports
on Form 10-Q and other reports that are filed with the Securities
and Exchange Commission. All forward-looking statements are
qualified in their entirety by this cautionary statement.
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Hilltop Holdings Inc. Ben Brooks 214.252.4047
Ben.Brooks@Hilltop-Holdings.com
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