Siebert Financial Corp. has been included in the Russell 2000 Index, marking a milestone in the company's aggressive push into technology and financial innovation. The inclusion aligns with the company's recent launch of an at-the-market offering and investment in FusionIQ to support strategic initiatives. The move reflects Siebert's ongoing transformation and commitment to achieving its goals through innovation and strategic partnerships.
Siebert Financial Corp. (NASDAQ: SIEB) has achieved a significant milestone with its inclusion in the Russell 2000 Index, effective June 27, 2025. The company's addition to this widely recognized benchmark aligns with its aggressive push into technology and financial innovation. This move underscores Siebert's commitment to strategic transformation and growth.
The inclusion in the Russell 2000 Index follows the company's recent launch of an at-the-market (ATM) offering of up to $50 million to support strategic initiatives, including artificial intelligence (AI), digital assets, and potential acquisitions [1]. Additionally, Siebert has made a strategic investment in FusionIQ to enhance its digital wealth management capabilities for advisors and clients.
John J. Gebbia, Chief Executive Officer of Siebert Financial Corp., stated, "Inclusion in the Russell 2000 reflects our ongoing strategic transformation. We’re deploying new capital, investing in AI and digital assets, and forming lasting partnerships to achieve this goal. Siebert is constantly evolving to be ready for what’s next." [2]
The Russell 2000 Index is a widely used benchmark with approximately $10.6 trillion in assets tracked against Russell US indexes as of June 2024 [1]. FTSE Russell, the global index provider, calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. The inclusion in the Russell 2000 Index is a testament to Siebert's growth and innovation.
Siebert Financial Corp. operates through its subsidiaries, offering a full range of brokerage and financial advisory services, including securities brokerage, investment advisory, insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. The company has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.
The move into the Russell 2000 Index reflects Siebert's long-term strategy of leveraging technology and strategic partnerships to drive growth and innovation. As the company continues to evolve, investors can expect further developments in its digital wealth management capabilities and broader financial services offerings.
References:
[1] https://www.stocktitan.net/news/SIEB/siebert-financial-joins-russell-2000-index-strengthens-growth-v7ks3cge1s9j.html
[2] https://www.globenewswire.com/news-release/2025/07/01/3108311/0/en/Siebert-Financial-Joins-Russell-2000-Index-Strengthens-Growth-Strategy-with-Tech-Investments.html
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