Mr. Lyons provides regulatory compliance and consulting services to PWAMI and PW & Co. He began his career at the Dreyfus Service Corp. and Wit Capital Corp. where he supervised representatives, developed procedures, and instituted training programs. He later served as President and CCO of a New York brokerage firm dedicated to hedge fund and proprietary trading. Mr. Lyons is a founder of the compliance consulting division (now DFP Regulatory Services) of DFP Partners CPA, P.C., formally S.D. Daniels and Company. He is currently the CEO of Independent Brokerage Solutions LLC MEMBER: FINRA/SIPC, where he is a FINRA registered Series 7, 14, 24, 63, 57, 82 and 27 principal. Mr. Lyons graduated with a BAH from the University of Virginia.
This website is for informational purposes only, does not constitute investment advice, and is not intended as a solicitation to purchase or sell any security or separate account.
Asset Allocation does not assure a profit or protect against loss in declining financial markets. Keep in mind that investing involves risk. The value of your investments will fluctuate over time, and you may gain or lose money. Past performance does not guarantee and may not be indicative of future results.
Securities, options, futures related products offered by Papamarkou Wellner & Co., Inc. MEMBER: FINRA/SIPC/NFA/MSRB (d/b/a Papamarkou Wellner Perkin Capital). Investment advisory services offered by Papamarkou Wellner Asset Management, Inc., an SEC registered investment adviser (d/b/a Papamarkou Wellner Perkin Advisors). Papamarkou Wellner Perkin Capital and Papamarkou Wellner Perkin Advisors are control affiliates (collectively referred to herein as Papamarkou Wellner Perkin).
Any reference to Papamarkou Wellner Asset Management, Inc. being a registered investment adviser does not imply that the company or any of its management has achieved a certain level of skill or training.
United States Federal law requires all financial institutions to obtain, verify against various government lists, and record information that identifies each person, who opens an account. As a broker dealer registered with FINRA and the SEC, Papamarkou Wellner Perkin Capital will maintain on file copies of each investor’s new account information for brokerage accounts and subscription documentation for private placements, which include for:
SEC Regulation S-P requires Papamarkou Wellner Perkin to provide a statement to you at account opening and once each year regarding the use of your nonpublic financial information.
Papamarkou Wellner Perkin and its employees strongly believe in protecting the confidentiality and security of personal information we collect from you.
Papamarkou Wellner Perkin may collect nonpublic personal information about you from the following sources:
Papamarkou Wellner Perkin may disclose nonpublic information about you in order to process transactions in any account you may open; to respond to inquiries from you or your representative; or, to fulfill legal and regulatory requirements.
Papamarkou Wellner Perkin does not make any disclosures of information to other companies, which may want to sell their products or services to you.
Our employees are instructed to protect the confidentiality of information in the firm’s possession and are required to comply with Papamarkou Wellner Perkin’s established policies.
Papamarkou Wellner Perkin is firmly committed to protecting your privacy. We will continue to safeguard your privacy and the confidentiality of the information you provide to us.
The role of the Securities Investor Protection Corporation (“SIPC”) is to return funds and securities to investors if the broker-dealer holding the assets becomes insolvent. You may obtain more information about SIPC, including the SIPC brochure, at SIPC's Web site at www.sipc.org, or, by calling (202) 371-8300.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options.
Margin trading increases risk of loss and includes the possibility of a forced sale if account equity drops below required levels. Margin is not available in all account types. Margin trading privileges subject to Papamarkou Wellner Perkin Capital review and approval. Carefully review the Margin Disclosure Document provided to you at account opening.
Papamarkou Wellner Perkin Capital is currently able to claim an exemption from the quarterly reporting requirement of Rule 606 as a firm that has routed, on average, less than the minimum threshold of U.S. securities orders during the preceding calendar quarter. Covered securities include NASDAQ; U.S. Domestic exchange listed equities; and listed options.
In permitting the exemption, the Securities Exchange Commission has emphasized that firms eligible for this limited exemption would remain responsible to comply with Rule 606, which requires firms to provide interested customers with routing information about specific orders and to notify customers annually that such information is available.
Please be advised under Rule 606 that we will provide interested customers with routing information about specific orders when requested. . In addition, as an introducing broker the entirety of the firm’s order flow is routed automatically through its clearing agent, Pershing LLC. A statistical analysis of the monthly order routing results for Papamarkou Wellner & Co., Inc. is readily available free of charge to interested parties by clicking on the link below.
SEC Rule 606 (formerly SEC 11Ac1-6) Disclosure of Order Routing Practices
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