John Thomas Financial: Difference between revisions - Wikipedia

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'''John Thomas Financial''' is an independent [[broker-dealer]] located in the [[Financial District, Manhattan|Financial District]] of New York City. In 2009, John Thomas Financial moved its offices into [[14 Wall Street]], where as of 2009 it occupied the entire 23rd floor.<ref>{{cite web |url=http://www.johnthomasbd.com/media/news |title=In the news: John Thomas Financial Announces Major Expansion Plans |date=27 July 2009 |publisher=John Thomas Financial |accessdate=2011-03-04}}</ref> The firm was founded by Thomas Belesis, its current CEO, in 2007.<ref>{{cite web |title=John Thomas Financial CEO Thomas Belesis Reveals His Plans for Expansion in an Exclusive Interview With CNBC|url=http://www.marketwire.com/press-release/john-thomas-financial-ceo-thomas-belesis-reveals-his-plans-expansion-exclusive-interview-1381679.htm|work=MarketWire|accessdate=7 June 2011}}</ref> Initially a three-person brokerage, it now includes 200 representatives and staff and provides a range of retail brokerage, investment banking and corporate advisory services.<ref>{{cite web |title=John Thomas Financial Chief Economist Says Investors Should Maintain a Bullish Posture|url=http://www.businesswire.com/news/home/20110603005502/en/John-Thomas-Financial-Chief-Economist-Investors-Maintain|work=BusinessWire|accessdate=3 June 2011}}</ref> It most recently added a private wealth management affiliate.<ref>{{cite web |title=Urbealis named President of JTF Private Wealth Management|url=http://www.wealthadviser.co/2011/05/10/114902/urbealis-named-president-jtf-private-wealth-management|work=WealthAdviser|accessdate=7 June 2011}}</ref>

In addition to its functions as a [[retail brokerage]], the firm also raises [[convertible debt]] for [[start-up companies|startups]] and new companies. According to its website, John Thomas Financial raised over $150 million for new businesses between 2007 and 2010.<ref>{{cite web |url=http://www.jtfblog.com/john-thomas-financial-leaders/ |title=Thomas Belesis - CEO |publisher=John Thomas Financial |accessdate=2011-03-04}}</ref> The firm ceased operations in July 2013.<ref>http://www.nypost.com/p/news/business/financial_finale_vPYmkoK5S19zEKvWWQ9trJ</ref>

==Leadership==