BMI Mergers & Acquisitions Principal, Thomas Kerchner, passes the Series 79 and becomes a registered representative.
January 22, 2014 – (Philadelphia, PA) – BMI Mergers & Acquisitions a mergers and acquisitions advisory firm and investment bank, announced Thomas W. Kerchner, President of BMI now holds securities licenses series 79(1) (Investment Banking Representative) and 63 (Uniform Securities Agent State Law) registrations as a registered representative of StillPoint Capital, LLC, a FINRA Member firm and registered broker-dealer.
“My registration with StillPoint will benefit our clients as StillPoint provides the services and support of an in-house Investment Banking Department,” said Mr. Kerchner, “In addition the affiliation opens up collaborative networking with over 100 affiliates located around the world.” BMI will continue operating independently. BMI will continue operating their existing business, while securities will be offered through StillPoint Capital in compliance with applicable regulations.
StillPoint Capital has been a FINRA Member since 2005 and has successfully operated ever since with a highly compliant system where their registered representatives and clients are in competent and capable hands. StillPoint Capital is the oldest firm of its kind providing this level of service.
Mr. David Clark, CEO of BMI said, “Earning the securities registrations through StillPoint and obtaining the education the registrations required, has enabled us to provide a higher level of professional service to our clients.
(1) Background on the Series 79 – (Source FINRA Regulatory Notice 09-41):
NASD Rule 1032(i) requires an associated person to register with FINRA as a Limited Representative – Investment Banking (Investment Banking Representative) and pass a corresponding qualification examination if such person’s activities involve:
(1) advising on or facilitating debt or equity securities offerings through a private placement or a public offering, including but not limited to origination, underwriting, marketing, structuring, syndication, and pricing of such securities and managing the allocation and stabilization activities of such offerings, or…
(2) advising on or facilitating mergers and acquisitions, tender offers, financial restructurings, asset sales, divestitures or other corporate reorganizations or business combination transactions, including but not limited to rendering a fairness, solvency or similar opinion.
About BMI Mergers & Acquisitions
BMI specializes in the sale and acquisition of privately held businesses. Our process is designed to be thorough, confidential and attract a large pool of qualified buyers. The end result: Maximum Value for business owners. Our professionals include certified business intermediaries, certified business brokers, licensed holders of series 79 and 63, and licensed real estate representatives.
With offices in Philadelphia, Allentown and Reading Pennsylvania, BMI is a member of the International Business Brokers Association, Pennsylvania Business Brokers Association, and the M&A Source.
Securities transactions are handled thru StillPoint Capital, Member FINRA and SIPC, Tampa, FL.