BTIG Expands Prime Brokerage Team in Dallas
New York – January 22, 2019 – BTIG, LLC announced today that it has hired Steven Stich within its Prime Brokerage division. Mr. Stich will be based in the firm’s Dallas, Texas office and report into Matthew Partain, Managing Director and Head of Prime Brokerage Sales at BTIG.
In his new role, Mr. Stich will lead BTIG’s Prime Brokerage sales efforts across Texas and the Midwestern region of the U.S. “We are excited about Steve joining our team, and look forward to his contributions,” commented Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage. “Texas and the Midwest are strategically important markets for BTIG, and we believe that Steve will help us expand our footprint in the region.”
Prior to BTIG, Mr. Stich was the Founder and Chief Executive Officer of a financial technology firm in Dallas. Previously, he held several roles within the Private Client division of U.S. Trust. Earlier in his career, Mr. Stich was a Director within Prime Brokerage at Bank of America Merrill Lynch, where he helped to build the relationship management coverage team.
BTIG Prime Brokerage offers solutions for hedge funds, family offices and separately managed accounts, specializing in emerging managers. Clients directly benefit from the extensive operations, systems and trading experience of their seasoned team of professionals. BTIG’s platform provides Outsource Trading, sophisticated portfolio reporting, access to the firm’s Capital Introduction team, and custody and clearing through fully-disclosed introducing broker relationships with both Goldman Sachs & Co. LLC and Pershing, a BNY Mellon company.
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 600 employees, BTIG, LLC and its affiliates operate out of 18 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.