Scott McCaffrey Takes Top Job as Head of Momentum Independent Network

Rhea-AI Summary

Momentum Independent Network (MIN), an affiliate of Hilltop Securities, welcomes Scott McCaffrey as the new Head of Momentum Independent Network. McCaffrey brings 25 years of financial services experience and will focus on streamlining business development and operations management. MIN aims to become the premier independent offering in the industry.

DALLAS--(BUSINESS WIRE)-- Momentum Independent Network Inc. (MIN), an affiliate of Hilltop Securities Inc. (HilltopSecurities), is pleased to welcome Scott McCaffrey as the new Head of Momentum Independent Network.

“To have the opportunity to add someone of Scott’s caliber to the Momentum Independent Network team is a real high point,” says John Muschalek, Head of Wealth Management at HilltopSecurities and President of Momentum Independent Network. “His depth of experience will provide great value to the clients we serve, and we believe that his vision will help us to continue to build MIN into the premiere independent offering on the street.”

McCaffrey brings 25 years of financial services experience. During his career, he has focused on streamlining business development and operations management, including business transformations, future-oriented planning, revenue optimization, market penetration, customer success management, sales, and partnerships development. Prior to joining MIN, he served as Divisional Manager of the Institution Services Wealth Consulting team at LPL Financial. In addition, he was Executive Vice President, National Sales Manager at BBVA Compass Wealth Management, Senior Vice President, Regional Sales Manager at Wells Fargo Advisors, and Senior Vice President, Regional Investment Manager, at Citigroup Global Markets.

“It’s rare that you find a company that is nimble enough to take advantage of the market share dislocations that come with the ever-changing regulatory and investment landscape we find ourselves in,” McCaffrey says. “That’s why it’s such an incredible honor for me to lead the Momentum Independent Network here at HilltopSecurities and to continue the work of building out one of the premier Wealth Management offerings across the U.S.”

About Momentum Independent Network

Momentum Independent Network Inc. (MIN), a member of FINRA and SIPC, is a Dallas, Texas-based broker-dealer serving independent registered representatives and their clients across the United States. The firm is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH) and a sister company of Hilltop Securities Inc., through which it clears its securities business. Other MIN affiliates include PlainsCapital Bank and PrimeLending. Learn more at MomentumIN.com.

About Hilltop Securities Inc.

Hilltop Securities Inc. delivers forthright advice and tailored solutions for municipal issuers, institutions, broker-dealers, and individuals. The full-service municipal investment bank and registered investment adviser is headquartered in Dallas, Texas, with offices across the United States. Areas of focus include public finance; municipal and taxable fixed income underwriting, sales, and trading; retail brokerage services; securities clearing; structured finance; and securities lending. A wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), HilltopSecurities’ affiliates include Momentum Independent Network Inc., PlainsCapital Bank, and PrimeLending. Learn more at www.HilltopSecurities.com. Member: NYSE/FINRA/SIPC.

FORWARD-LOOKING STATEMENTS DISCLAIMER

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as “believe,” “continue,” “expects,” “may,” “plan,” “seeks,” “will” or “would” or the negative of these words and phrases or similar words or phrases. See the risk factors described in Hilltop Holdings Inc.’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.

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Hilltop Holdings Inc.

Ben Brooks

214.252.4047

Ben.Brooks@Hilltop-Holdings.com

Source: Hilltop Securities Inc.

FAQ

Who is the new Head of Momentum Independent Network?

The new Head of Momentum Independent Network is Scott McCaffrey.

What is Momentum Independent Network?

Momentum Independent Network (MIN) is an affiliate of Hilltop Securities and aims to become the premier independent offering in the industry.

What is Scott McCaffrey's experience?

Scott McCaffrey brings 25 years of financial services experience, with a focus on business development and operations management.

What are McCaffrey's previous positions?

McCaffrey previously served as Divisional Manager at LPL Financial, Executive Vice President at BBVA Compass Wealth Management, Senior Vice President at Wells Fargo Advisors, and Senior Vice President at Citigroup Global Markets.

What is MIN's goal?

MIN aims to become the premier independent offering on the street.