TORONTO, Jan. 18 /CNW/ - Northern Financial Corporation (TSX: NFC)
("Northern" or the "Company") announced that Robert Bruggeman has
re-joined its wholly-owned subsidiary, Northern Securities Inc.
("Northern Securities") in the position of Managing Director,
Institutional Sales. Mr. Bruggeman was a key member of Northern
Securities from 2000 to 2005, joining Northern in 2000 as a technology
analyst. While at Northern Securities he transitioned to Investment
Banking, working in mergers and acquisitions before becoming Head of
After being hired by TD Securities as a desk analyst on the proprietary
trading desk, Mr. Bruggeman spent 5 years at TD Securities generating
investment and trading ideas based on company news, fundamental
valuation, macroeconomics, sell-side research and technical analysis.
He covered all sectors of the Canadian equity market and market
capitalization ranging from micro cap to large cap. His analysis
ranged from ad hoc analysis of breaking news to in-depth valuation work
Mr. Bruggeman also directed a very successful multi-strategy proprietary
trading account at TD Securities that generated returns exceeding 40%
per year, while actively monitoring risk to preserve capital. Mr.
Bruggeman left TD Securities in 2010 to join Canaccord Genuity as a
Vic Alboini, Chairman and Chief Executive Officer, stated "I am very
pleased that Rob has re-joined Northern Securities. Rob is a very good
team player and therefore fits the culture of our Firm. He is
dedicated, organized, very smart and hard-working. We look forward to
Rob bringing his commitment and enthusiasm to Northern Securities."
Mr. Bruggeman completed the Chartered Financial Analyst Program in 2003,
obtained his MBA from York University in 2000, and his Bachelor of
Engineering and Management from McMaster University in 1994.
About Northern Financial Corporation
Northern Financial Corporation wholly owns Northern Securities Inc., a
full service investment dealer that provides financial advisory
services to retail and institutional clients and investment banking
services to small capitalization companies.
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
SOURCE Northern Financial Corporation
For further information:
|Vic Alboini |
Chairman and CEO
| || ||or |
| || || ||Doug Chornoboy|
Senior Vice President and CFO