Siebert Financial Appoints Industry Veteran Fredrick Scuteri as Chief Operating Officer of its Broker-Dealer Subsidiary
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) ha nominato Fredrick Scuteri come Chief Operating Officer della sua filiale broker-dealer Muriel Siebert & Co., LLC. Scuteri, con quasi 30 anni di esperienza nel trading istituzionale, nella gestione patrimoniale e nelle operazioni broker-dealer, supervisionerà le funzioni operative, l'infrastruttura di trading e i progetti di modernizzazione della piattaforma.
Prima di entrare in Siebert, Scuteri è stato COO di DriveWealth Institutional e ha ricoperto ruoli di leadership presso AQR Capital Management. Il suo obiettivo sarà implementare soluzioni tecnologiche scalabili, ottimizzare i flussi di lavoro e integrare l'automazione basata sull'IA, mantenendo al contempo elevati standard di servizio clienti. Scuteri possiede la certificazione FINRA Series 27, lauree in Finanza, un MBA conseguito alla St. John's University e certificazioni in Intelligenza Artificiale Generativa.
Siebert Financial Corp. (NASDAQ: SIEB) ha nombrado a Fredrick Scuteri como Director de Operaciones (COO) de su subsidiaria broker-dealer Muriel Siebert & Co., LLC. Scuteri, con casi 30 años de experiencia en trading institucional, gestión de activos y operaciones de broker-dealer, supervisará las funciones operativas, la infraestructura de trading y los esfuerzos de modernización de la plataforma.
Antes de unirse a Siebert, Scuteri fue COO de DriveWealth Institutional y ocupó cargos de liderazgo en AQR Capital Management. Su enfoque estará en implementar soluciones tecnológicas escalables, optimizar los flujos de trabajo e integrar la automatización con IA, manteniendo la calidad del servicio al cliente. Scuteri cuenta con certificación FINRA Series 27, títulos en Finanzas, un MBA de la St. John's University y certificaciones en IA Generativa.
Siebert Financial Corp. (NASDAQ: SIEB)는 자회사 브로커-딜러인 Muriel Siebert & Co., LLC의 최고운영책임자(COO)로 Fredrick Scuteri를 임명했습니다. Scuteri는 기관 거래, 자산 관리 및 브로커-딜러 운영 분야에서 거의 30년의 경험을 보유하고 있으며, 운영 기능, 거래 인프라 및 플랫폼 현대화 작업을 총괄할 예정입니다.
Siebert에 합류하기 전, Scuteri는 DriveWealth Institutional의 COO로 재직했으며 AQR Capital Management에서 리더십 직책을 맡았습니다. 그의 주요 업무는 확장 가능한 기술 솔루션 도입, 업무 흐름 간소화 및 AI 자동화 통합이며, 고객 서비스 품질도 유지할 것입니다. Scuteri는 FINRA Series 27 자격증, 금융 학위, 세인트존스 대학교 MBA, 그리고 생성형 AI 관련 자격증을 보유하고 있습니다.
Siebert Financial Corp. (NASDAQ : SIEB) a nommé Fredrick Scuteri au poste de Chief Operating Officer de sa filiale broker-dealer Muriel Siebert & Co., LLC. Fort de près de 30 ans d'expérience dans le trading institutionnel, la gestion d'actifs et les opérations de broker-dealer, Scuteri supervisera les fonctions opérationnelles, l'infrastructure de trading et les efforts de modernisation de la plateforme.
Avant de rejoindre Siebert, Scuteri était COO chez DriveWealth Institutional et a occupé des postes de direction chez AQR Capital Management. Il se concentrera sur la mise en œuvre de solutions technologiques évolutives, l'optimisation des flux de travail et l'intégration de l'automatisation par IA, tout en maintenant la qualité du service client. Scuteri détient la certification FINRA Series 27, des diplômes en finance, un MBA de l'Université St. John's ainsi que des certifications en intelligence artificielle générative.
Siebert Financial Corp. (NASDAQ: SIEB) hat Fredrick Scuteri zum Chief Operating Officer seiner Broker-Dealer-Tochtergesellschaft Muriel Siebert & Co., LLC ernannt. Scuteri bringt fast 30 Jahre Erfahrung im institutionellen Handel, Asset Management und Broker-Dealer-Betrieb mit und wird die operativen Funktionen, die Handelsinfrastruktur und die Modernisierungsmaßnahmen der Plattform überwachen.
Vor seinem Wechsel zu Siebert war Scuteri COO bei DriveWealth Institutional und hatte Führungspositionen bei AQR Capital Management inne. Sein Fokus liegt auf der Implementierung skalierbarer Technologielösungen, der Optimierung von Arbeitsabläufen und der Integration von KI-Automatisierung bei gleichzeitiger Aufrechterhaltung der Servicequalität für Kunden. Scuteri besitzt die FINRA Series 27 Zertifizierung, Abschlüsse in Finanzen, einen MBA der St. John's University und Zertifizierungen im Bereich Generative KI.
- Appointment of highly experienced executive with nearly 30 years in institutional trading and operations
- Focus on technological modernization including AI integration and automation
- Strong educational and professional credentials including FINRA Series 27 certification
- None.
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Siebert Financial Corp. (NASDAQ: SIEB), announced the appointment of Fredrick Scuteri as Chief Operating Officer of its broker-dealer subsidiary Muriel Siebert & Co., LLC. In this role, Scuteri will oversee day-to-day operational functions, trading infrastructure, and platform modernization efforts as the firm continues to scale its brokerage services.
Scuteri brings nearly three decades of experience across institutional trading, asset management, and broker-dealer operations. Prior to joining Siebert, he served as Chief Operating Officer of DriveWealth Institutional, following the firm’s acquisition of Cuttone & Co. He also held the role of Vice President and Head of Trading Operations and Treasury at AQR Capital Management, where he led operations team proving global, multi-asset class coverage for over 250 trading accounts.
“Siebert Financial has a legacy of resilience and reinvention,” said Scuteri. “I look forward to building on that foundation by bringing scalable, tech-forward solutions to our operations. My focus will be on streamlining workflows, increasing transparency, and applying automation and AI to help future-proof the business, without compromising the firm’s commitment to client service and regulatory excellence.”
Under Scuteri’s leadership, Siebert will expand its operational capabilities and continue investing in infrastructure to support growth across institutional and retail channels.
“Fred brings both depth and range to this role,” said John J. Gebbia, CEO of Siebert Financial. “He understands the intricacies of capital markets and, more importantly, he knows how to execute. His ability to turn complexity into clarity is exactly what we need at this stage for the growth of Siebert.”
“Having someone with Fred’s operational rigor and fintech expertise is a significant advantage,” added John M. Gebbia, Principal at Siebert Financial. “He’s already thinking several steps ahead, whether it’s about optimizing capital, improving workflows integrating AI-automation, or preparing our systems for scale. We’re excited to have him on board.”
Scuteri is a FINRA-registered Financial Operations Principal (Series 27) with degrees in Finance, an MBA from St. John’s University, and, lately, certifications in Generative AI and Advanced Prompt Engineering from Vanderbilt University.
About Siebert Financial Corp.
Siebert is a diversified financial services company and has been a member of the NYSE since 1967 when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.
Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage, investment advisory and insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.
Cautionary Note Regarding Forward-Looking Statements
The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.
These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A - Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2023, and Siebert’s filings with the SEC.
Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.
Media Contact
Deborah Kostroun, Zito Partners
deborah@zitopartners.com
+1 (201) 403-8185
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5ec79525-8910-4122-a10b-0e856542cab0
FAQ
Who is the new COO of Siebert Financial's broker-dealer subsidiary?
What is Fredrick Scuteri's experience before joining SIEB?
What will be Scuteri's main responsibilities at Siebert Financial (SIEB)?
What are Fredrick Scuteri's qualifications and certifications?
