Maxim Group LLC Continues Expansion of Institutional Sales & Trading Platform


NEW YORK, NY--(Marketwire - Aug 11, 2011) - Maxim Group LLC, a leading full-service investment banking, securities and wealth management firm, today announced the appointment of Ian Burgess as a Senior Vice President of the Institutional Equity Sales division.

Mr. Burgess brings over 15 years of Institutional Equity Sales experience to Maxim Group. Prior to joining the firm, Mr. Burgess spent 6 years as a Managing Director of Institutional Equity Sales at Morgan Joseph & Co. where he was also a member of the firm's Management Committee. Mr. Burgess began his career at CIBC World Markets in 1995 where he spent four years as a Collateral Manager in the Fixed Income Derivatives Division. Mr. Burgess eventually moved to TD Newcrest Inc. where he served as a Vice President and Director of the Institutional Equity Sales Division. He held similar positions at Puglisi & Co. and IRG Research. Mr. Burgess received a B.A. in Political Science from the University of Western Ontario.

"We are very pleased to welcome an industry veteran of Ian's caliber to our Institutional Sales and Trading team which continues to enjoy robust expansion," said Jamie Barker, Managing Director and Head of Institutional Sales and Sales Trading at Maxim Group.

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.

Contact Information:

For further information please contact:

John J. Garrity
Executive Managing Director
212.895.3624
jgarrity@maximgrp.com