About - National Securities

About Us

National Securities and its affiliates make up one of the nation’s largest independent financial firms offering investment banking services, insurance, wealth management, tax and estate planning for corporations and individuals since 1947.

Our firm has created an innovative investment platform designed to provide unique solutions for clients at every level of growth. Our veteran leadership team has relationships with some of the most trusted financial services and insurance firms in the industry.

Our platform includes traditional and new investment products, risk management strategies and access to uncorrelated investments that can support diversification. We also offer a full range of retirement plans including 529 plans, IRAs, SEP IRAs, Simple IRAs, Roth IRAs, 401(k) plans, pension plans, profit-sharing plans and both fixed and variable annuities.

Our full suite of investment banking services includes Advisory Services, Mergers and Acquisitions, Corporate Finance, Corporate Services, and Value-Added Services.

National Securities Corporation is a registered broker-dealer with the SEC and member FINRA/SIPC. National Securities Corporation is wholly owned by National Holdings Corporation (NHLD) and is affiliated with the following financial entities: National Asset Management, Inc., an SEC registered investment advisor, National Insurance Corporation, a licensed insurance provider in over 40 states, Gilman Ciocia, which offers tax and accounting services and is a registered mortgage broker with the NYS Department of Financial Services (NMLS #46660), and GC Capital Corp., a licensed mortgage broker with the Florida State Banking Department (NMLS# 374321). Fortress Biotech, Inc. (NASDAQ: FBIO) through its affiliate FBIO Acquisition, Inc., is a majority shareholder of NHLD. For more information, visit www.fortressbiotech.com.  For other affiliates, visit  www.fortressbiotech.com/portfolio-companies.cfm.

For Investors

Whether you are looking for growth or managing your retirement or a family legacy, National can provide exceptional service for you. Our advisors can help you develop a financial plan that includes investments, insurance and tax planning. Unlike other brokers, we provide a complete advisory and tax team to make the most of your investments. Reach out today to learn more.

For Institutions

National Securities provides investment banking and services tailored specifically for corporate issuers. By partnering with National, our veteran leadership team will help you take your business to the next level by tailoring financing alternatives across a full spectrum of products, and providing expertise in mergers & acquisitions and advisory.

Our road show team is known throughout the buy-side for only presenting the best-in-class and emerging companies. As a result, our offerings frequently draw the attention of tier-one firms. Learn more about how we can help your company grow.

For Financial Professionals

Over its 70 year history, National Securities has developed an innovative product mix and investment platform designed with advisors in mind. Our goal is to provide the complete service and support necessary to help you build the portfolios geared to your needs and objectives. Our industry colleagues include some of the most trusted names on Wall Street, and our platform is designed to work with portfolios of any size. Reach out today to learn more about how we can partner with you.

Leadership Team

The team at National is made up of veterans of the financial services industry, known for their innovative leadership. Learn more about who you’ll be working with when you partner with National.

Michael A. Mullen: Chief Executive Officer and Chairman of the Board, National Holdings Corporation; Chief Executive Officer, National Securities Corporation and National Asset Management Inc.

Mr. Mullen serves as the Chairman of the Board of all National Holdings Corporation’s operating companies; National Securities Corporation, National Asset Management Inc., National Insurance Corporation and Gilman Ciocia Tax & Financial Planning. Mr. Mullen began his career in 1986 and has since developed a broad and deep understanding of the financial services industry, with a focus on investing in biotechnology companies. He brings this expertise to his leadership of the National Family of Companies. Mr. Mullen holds his Series 4, 7, 24, 63, 65, 99 and Life and Health Insurance and Variable Annuity Licenses.

    Glenn C. Worman: Executive Vice President, Chief Operating Officer and Chief Financial Officer, National Holdings Corporation

    Mr. Worman serves as a Director on the Board of National Asset Management Inc., National Insurance Corporation and Gilman Ciocia Tax & Financial Planning. Previous to National, Mr. Worman held various senior financial positions at ICAP plc, Deutsche Bank, Morgan Stanley and Merrill Lynch. He has a background in corporate finance, global fixed income, equity trading finance, wealth management, investment management and inter-dealer broker finance. Mr. Worman received his MBA from Fairleigh Dickinson University and his B.B.A from Ramapo College. Mr. Worman holds his Series 99 License.

      John C. DeSena: Executive Vice President, Chief Process Officer and Corporate Secretary, National Holdings Corporation

      Mr. DeSena serves as a Director on the National Insurance Corporation’s Board of Directors. Additionally, Mr. DeSena serves as Corporate Secretary to the Board of Directors for all National Holdings Corporation’s operating companies; National Securities Corporation, National Asset Management Inc., National Insurance Corporation and Gilman Ciocia Tax & Financial Planning. Previous to National, Mr. DeSena was the Chief Operating Officer for Group Technology & Operations, the Head of Operational Excellence for the Americas, and Head of Americas Finance Infrastructure at Deutsche Bank. At Merrill Lynch Mr. DeSena served as Head of Global Markets & Investment Banking Financial Planning and Analysis, and Chief Financial Officer of Americas Investment Banking. Mr. DeSena holds his Series 99 License.

        Jonathan C. Rich: Executive Vice President, Head of Investment Banking National Securities Corporation

        A 20 year veteran of Wall Street, Mr. Rich is the Head of Investment Banking and an Executive Vice President at National Securities since 2009. Mr. Rich worked for First Colonial Securities Group, a 13 office, 150 employee regional firm based out of Florida and New Jersey, first as a Senior Vice President and then as Managing Director in its Corporate Finance Department. Since his tenure at National, the team at National has been responsible for successfully sourcing, structuring and completing capital markets transactions within the healthcare, technology, energy and financial services sectors for emerging growth issuers with total transaction volume in excess of $3 billion. Mr. Rich received his M.B.A. from Fordham University Gabelli School of Business and his B.A. from Tulane University. Mr. Rich holds his Series 4, 7, 24, 53, 63 and 79 licenses.

          Michael E. Singer: Chief Strategy Officer and Executive Vice Chairman of the Board, National Holdings Corporation

          Mr. Singer also serves on the Legal Committee of National Holdings’ Board. Mr. Singer most recently served as CEO and President of Ramius, at its peak, a $13 billion alternative investment advisory platform. As CEO of Ramius, Mr. Singer directed strategy and execution of the firm's business plan. During his tenure, he created a salesforce which raised more than $5 billion for the firm's investment teams and closed deals to onboard to the platform five talented hedge fund teams including Margate Capital. Mr. Singer was Co-President of Ivy Asset Management, a Fund of Hedge Funds business with over $15 billion in assets. At Ivy, Mr. Singer established the firm’s strategic plan and ran the day-to-day activities. He began his career at Weiss, Peck & Greer, a $17 billion asset management firm, where he spent nine years and served as Senior Managing Director and Executive Committee Member. He oversaw day-to-day operations, new product development, client relationship management, hedge fund sales and risk functions. Mr. Singer received his J.D. from Emory University School of Law and his B.S. from Penn State University.

            David C. Levine: Executive Vice President, National Sales Manager and Head of Business Development

            Previously, Mr. Levine served as the National Sales Manager for a large, independent broker/dealer. Mr. Levine also held a senior position at an independent broker/dealer that was successfully sold to New England Financial, a division of MetLife. Additionally, during his career, Mr. Levine has worked for a multibillion asset management firm and a top five U.S. banking institution. Mr. Levine received his M.B.A. from New York University Stern School of Business and his B.A. from the University of Pennsylvania. Mr. Levine holds his Series 7, 24, 63 and 65 licenses.

              William Groeneveld: Executive Vice President, Head of Trading and Chief Risk Officer, National Securities Corporation

              Known as “Billy G”, Mr. Groeneveld has over 25 years of experience in trading supervisory roles. Prior to National, Mr. Groeneveld was co-founder of Program Trading Corporation specializing in algorithmic and execution trading. Mr. Groeneveld received his B.S. from West Virginia University. Mr. Groeneveld holds his Series 7, 24, 27, 55 and 63 licenses.

                Fred N. Knopf: General Counsel

                Mr. Knopf has more than 25 years of experience handling securities and regulatory matters. Before joining National, he was a partner at the law firm of Wilson Elser and was chair of the firm’s Securities Industry Practice Group. Mr. Knopf is a member of the bar in New York and Connecticut and numerous federal district and appellate courts. Mr. Knopf also served as Chief Risk Officer and General Counsel of Williams Financial Group. Mr. Knopf received his J.D. from the Quinnipiac University School of Law and his B.A. and B.S. from Sacred Heart University. Mr. Knopf has published and lectured extensively on matters involving the securities industry and is an adjunct professor in the Masters of Finance Program at the Jack Welch College of Business at Sacred Heart University, teaching Regulatory Compliance and Ethics.

                  Kay Johnson: Executive Vice President, Chief Compliance Officer, National Securities Corporation and National Asset Management Inc.

                  Mrs. Johnson serves as a Director on the National Asset Management Inc. Board of Directors. Mrs. Johnson completed the Certified Regulatory Compliance Professional™ (CRCP™) designation at The FINRA Institute at Wharton in 2006. She has served on the FINRA Committee on Continuing Education since 2005 and has also served as a volunteer panelist on an extended disciplinary hearing and as an arbitrator and Chairperson for FINRA Dispute Resolution. Previously she served two terms on the FINRA District Committee and the Regulatory Advisory Committee and also on the FINRA Registration and Qualification Subcommittee. Mrs. Johnson received her B.S. from St. Lawrence University. Mrs. Johnson holds her Series 7, 8, 24, 63 and 79 licenses.

                    Donald Runkle: Executive Vice President, Chief Supervisory Officer, National Securities Corporation and National Asset Management Inc.

                    Previously, Mr. Runkle was the Director of Consulting Services with Freeman Mathis & Gary, LLP, and the Regulatory Compliance Director for Coordinated Capital Securities. Prior to his consulting work, Mr. Runkle spent over twenty years at Raymond James Financial Services Inc. and was the firm’s longtime Chief Compliance Officer. Mr. Runkle currently serves on the FINRA Membership Committee, and the FINRA District 7 Committee. He has also served on the FINRA Regulatory Advisory Committee, the SIFMA Compliance and Regulatory Policy Committee, the FSI Compliance Council, and the SIFMA Compliance and Legal Society’s Regional Firms Committee. Mr. Runkle received his B.S. from the University of South Florida and holds his Series 7, 24, 53, 4, 63, 65, licenses and previously obtained the Florida Life and Health insurance license. He also completed the Securities Industry Institute at the University of Pennsylvania Wharton School in 2004, and he has been a FINRA arbitrator since 1998.

                      Thomas Kowalczyk: President, National Asset Management Inc., and Managing Director, Investment Solutions, National Securities Corporation and National Asset Management Inc.

                      Mr. Kowalczyk was previously with several Independent Broker-Dealers and Registered Investment Advisor (RIA) firms in senior management roles, most recently as the Senior Vice President of Advisory Services for a privately held Texas company. He has over a decade of experience working in the RIA space and leads all day to day activities for the firms $1.4B+ RIA as well as the retail product lines. Mr. Kowalczyk is a graduate of Boise State University and has an M.B.A. in Financial Management from the City University of Seattle. Mr. Kowalczyk holds his Series 7, 24 and 66 licenses.

                        Sagiv Shiv, Ph. D.: Senior Managing Director, Head of Advisory Services, National Securities Corporation

                        Dr. Shiv additionally heads the due diligence and approval process for all Alternative Investments for National Securities Corporation. Over the past 20 years, Dr. Shiv has advised governments, agencies, private and public companies, and financial institutions. Prior to entering investment banking, Dr. Shiv was Chief Financial Officer of global diversified holding companies, and has served on the boards of several publicly-traded companies, as well as private entities and charities. Dr. Shiv has been published and interviewed by several publications and has been a guest speaker at numerous professional and academic events. Dr. Shiv is an adjunct professor of finance at the IESE Graduate School of Business, an associate editor of the Nanotechnology Law & Business Journal, and a member of the American Finance Association and the Financial Management Association. Dr. Shiv is the recipient of the M&A Deal of the Year Award (cross-border, under $500 mil) for 2014. Dr. Shiv received his B.Sc. and Ph.D. in finance and Commercial Economics from Pacific Western University. Dr. Shiv holds his Series, 7, 24, 63 and 79 licenses.

                          Dan Ortega: Managing Director, Chief Surveillance Officer, National Securities Corporation and National Asset Management Inc.

                          With over 20 years of experience in the financial industry and particularly in independent broker dealers , Mr. Ortega has served in multiple roles including but not limited to Branch Owner, Branch Supervisor, Regional Supervisor, Compliance Auditor, Director of Compliance, Director of Surveillance, Chief Supervisory Officer. Mr. Ortega holds his Series, 7, 24, 63 and Life Insurance and Variable Annuities licenses.

                            John A. Koenigsberg:Managing Director, Head of Operations for National Securities Corporation and National Asset Management Inc.

                            Previous to National, Mr. Koenigsberg was Senior Vice President of Operations and Vice President of Operations & Internal Compliance for Montauk Financial Group. Prior to Montauk Financial Group, Mr. Koenigsberg was SVP of Credit Services at Societe Generale Securities Corporation, VP of Operations with Swiss Bank Corp. and also held various management positions in the industry. Mr. Koenigsberg holds Series 27 & Series 99 licenses.

                              Chris Ann Campana: President, National Insurance Corporation

                              Ms. Campana is also Director of Insurance for National Securities Corporation. Ms. Campana began her career in Insurance in 1989 as a Business Manager for Mutual of New York and John Hancock Insurance companies respectively. She then moved into the Independent Broker Dealer channel with First Montauk Securities where she managed their Insurance Operations and held the position of Insurance Coordinator. Ms. Campana holds her Series 6 and Life, Heath and Variable Insurance licenses.

                                Carmine LaCognata: Managing Director, Business Development National Insurance Corporation

                                Mr. LaCognata is Managing Director of Business Development for National Insurance Corporation. He strategically directs Insurance Agents to offer clients advanced retirement planning strategies, income protection opportunities, and multiple risk management and estate planning solutions. Mr. LaCognata has been a financial professional since 1989 and has helped many individuals with their retirement funding and estate planning needs. He comes to National from AXA Advisors, LLC where he was the Executive Vice President (Southeast Region) for 18 years. Mr. La Cognata has been a member of the National Association of Insurance and Financial advisors since 1992. He holds Series 6, 7, 24, 26, 53, 63, and 65 Licenses.

                                  Marguerite Rogers: Senior Vice President, Syndicate Manager National Securities Corporation

                                  Ms. Rogers is the Syndicate Manager and a Senior Vice President at National Securities Corp. Ms. Rogers began her career at National Securities Corp. in 2007 working as an Associate in the Syndicate department. She received her B.A. from Hunter College in 2009. Ms. Rogers holds her Series, 7, 63, 24 and 79 licenses.

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