Siebert Finl Corp Stock Price, News & Analysis

Gebbia Media, a subsidiary of Siebert Financial Corp. (SIEB), has acquired Big Machine Rock, expanding its presence in the music industry. The acquisition includes a roster of notable artists including Daughtry, Badflower, and Sammy Hagar. Under GM Heather Luke-Husong's leadership, the label has achieved multiple No. 1 singles and Platinum-certified records.

As part of the deal, Scott Borchetta, founder of Big Machine Label Group, will continue overseeing operations and join Siebert Financial's advisory board, bringing extensive experience with top-selling artists. The move follows Siebert's strategic partnership with GAMMA and L.A. Reid LLC, demonstrating the company's commitment to expanding its entertainment portfolio.

Siebert Financial Corp. (NASDAQ: SIEB) has announced its preliminary inclusion in the 2025 Russell U.S. Indexes reconstitution, effective after market close on May 23, 2025. The newly reconstituted indexes will be finalized after U.S. markets close on June 27. The Russell indexes are significant benchmarks used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024.

Siebert Financial Corp (NASDAQ: SIEB) reported strong Q1 2025 financial results, with total revenue increasing 41% to $28.9 million compared to $20.5 million in Q1 2024. The growth was primarily driven by a $9.2 million unrealized gain from an equity investment in a private company that went public. Operating income rose 106% to $10.5 million, while net income available to common stockholders surged 135% to $8.7 million.

The company's stock borrow/stock loan business showed an 18% increase to $4.8 million. Siebert also strengthened its leadership team by appointing Stefano Marrone as Chief Marketing Officer and Fredrick Scuteri as Chief Operating Officer of Muriel Siebert & Co.

However, the company noted that the unrealized gain's value remains subject to market volatility, with the investment experiencing significant price decreases after March 31, 2025, and uncertainty around registration timing.

Siebert Financial Corp. (NASDAQ: SIEB) has appointed Fredrick Scuteri as Chief Operating Officer of its broker-dealer subsidiary Muriel Siebert & Co., LLC. Scuteri, who brings nearly 30 years of experience in institutional trading, asset management, and broker-dealer operations, will oversee operational functions, trading infrastructure, and platform modernization efforts.

Prior to joining Siebert, Scuteri served as COO of DriveWealth Institutional and held leadership positions at AQR Capital Management. His focus will be on implementing scalable tech solutions, streamlining workflows, and integrating AI-automation while maintaining client service quality. Scuteri holds FINRA Series 27 certification, degrees in Finance, an MBA from St. John's University, and certifications in Generative AI.

Siebert Financial Corp (NASDAQ: SIEB) has appointed Stefano Marrone as Chief Marketing Officer to lead marketing across all divisions including Siebert.Valor, Siebert.SPS, and Gebbia Media. Marrone, who previously led Siebert's successful 2024 rebrand as a consultant, brings experience from major financial institutions like J.P. Morgan, UBS Asset Management, and HSBC.

In his new role, Marrone will focus on combining media production with financial literacy initiatives, leveraging Gebbia Media's capabilities. His responsibilities include developing creative campaigns, implementing AI-driven marketing strategies, and enhancing brand development. The appointment aims to engage the next generation of investors while maintaining focus on veterans and military families through Siebert.Valor.

Siebert Financial Corp. (NASDAQ: SIEB) reported strong financial results for 2024, with revenue increasing 17% to $83.9 million from $71.5 million in 2023. The company achieved significant growth across key metrics, with commissions and fees up 32% to $9.6 million and stock borrow/stock loan revenue rising 19% to $19.2 million.

Net income per share grew 57% to $0.33, while retail customer net worth increased 13% to $18.0 billion. The company launched several strategic initiatives in 2024, including Siebert Investment Banking, Capital Markets Group, and Siebert.Valor for military service members. Notable appointments included Randy Billhardt as Head of Capital Markets and Four Star General Laura J. Richardson to the Advisory Board.

The company also acquired Gebbia Media and strengthened its Stock Plan Services leadership team. Despite revenue growth, operating income decreased slightly due to increased personnel costs related to new business lines and initiatives.

Siebert Financial Corp (Nasdaq: SIEB) has announced the appointment of General (Ret.) Laura J. Richardson to its Advisory Board. Richardson, the former Commander of U.S. Southern Command, brings nearly four decades of military service experience to the role.

As the 32nd Commander of SOUTHCOM, Richardson oversaw military operations across Central America, South America, and the Caribbean. Her previous roles included leading U.S. Army North, serving as Deputy Commanding General of U.S. Army Forces Command, and Chief of Army Legislative Liaison to Congress.

The appointment aligns with Siebert's strategy to expand financial services for veterans, military personnel, and underserved communities. Richardson joins other notable Advisory Board members, including recording artist Akon, NFL Pro Brandon Marshall, and Wall Street executives Mick Solimene and Steven Geskos.

Siebert Financial Corp. (NASDAQ: SIEB) has launched Siebert Investment Banking, appointing Kimberly Boulmetis and Ajay Asija as co-heads. The new division will focus on serving middle-market clients in financial services, FinTech, depository, and specialty finance, with plans to expand into blockchain and digital assets.

The division will leverage Siebert's retail distribution network and institutional channels to provide equity and debt financing solutions. Asija brings over 25 years of experience and has advised on transactions worth over $90 billion at firms including Lehman Brothers and J.P. Morgan. Boulmetis, formerly head of U.S. Financial Institutions at MUFG's DCM Group, specializes in debt capital markets and financial institutions advisory.

This strategic expansion complements Siebert's recently established Capital Markets Group, led by Randy Billhardt, aiming to provide boutique, high-touch service while utilizing the firm's broad distribution network.

Siebert Stock Plan Services (Siebert.SPS), a division of Siebert Financial Corp. (NASDAQ: SIEB), has announced the addition of two key industry experts to its leadership team. Daniel Coyle and Hunter Sattich have joined the company, bringing decades of combined experience in finance and equity compensation.

Sattich, a Certified Equity Professional with over 30 years of industry experience, specializes in streamlining equity plan processes and optimizing workflows. Coyle, with more than 20 years in finance and compensation, focuses on developing tailored strategies for public companies.

The appointments aim to enhance Siebert.SPS's ability to provide customized, high-touch equity compensation solutions for businesses of all sizes, particularly those underserved by larger providers. The company emphasizes its commitment to offering personalized services that larger consolidated providers cannot match.