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ABOUT US

Muriel Siebert & Co., Inc. has been providing online and traditional brokerage and related services for over 50 years.

Siebert Current Notices

 

NEW YORK--()--Siebert Financial Corp. (NASDAQ:SIEB), a provider of financial and advisory services, filed its 10Q and reported results for its second quarter ended June 30, 2018.

Gloria E. Gebbia, controlling shareholder and board member of Siebert Financial Corp., said, “I’m incredibly proud of what our company has been able to accomplish. The outstanding results this quarter are a testament to many recent improvements and innovations at Siebert. In addition, the impact we are seeing from the acquisition of the StockCross retail assets is incredibly exciting, and we look forward to the next quarter and the coming year.”

Second Quarter 2018 Financial Highlights

Three Months Six Months
Ended June 30, Ended June 30,
Financial Highlights

2018

2017

% Change

2018

2017

% Change
Total Revenue $ 7,488,000 $ 2,689,000 178 % $ 15,665,000 $ 5,068,000 209 %
Net Income $ 1,799,000 $ 365,000 393 % $ 3,492,000 $ 424,000 724 %
Earnings per share (rounded) $ 0.07 $ 0.02 250 % $ 0.13 $ 0.02 550 %
Retail Customer Balances 2018 2017 % Change
Retail customer accounts with positions 39,877 28,953 38 %
Retail customer net worth (in billions) $ 11.2 $ 7.3 53 %

Second Quarter 2018 Financial Results

Total revenue for the three months ended June 30, 2018 increased to $7,488,000 from $2,689,000 for the corresponding period in 2017, primarily driven by an increase in revenue related to our acquisition of retail assets from StockCross Financial Services Inc.

Net income for the three months ended June 30, 2018 increased to $1,799,000 or $0.07 per share from $365,000 or $0.02 per share for the corresponding period in 2017.

As of June 30, 2018, we had $6,686,000 in highly liquid cash and cash equivalents. Total stockholders' equity was $8,705,000 as of June 30, 2018 as compared to $5,212,000 as of December 31, 2017.

For additional information please refer to our Quarterly Report on Form 10-Q for the period ended June 30, 2018 filed with the SEC on August 13, 2018. You may also access the Form 10-Q through our website at www.siebertnet.com.

About Siebert Financial Corp.

Siebert Financial Corp. is a holding company that conducts its retail discount brokerage business through its wholly-owned subsidiary, Muriel Siebert & Co., Inc., which became a member of the NYSE in 1967 when Ms. Siebert became the first woman to own a seat on the Exchange. The company conducts its investment advisory business through its wholly-owned subsidiary, Siebert AdvisorNXT, Inc., a registered investment advisor, and its insurance business through its wholly-owned subsidiary, Park Wilshire Companies Inc., a licensed insurance agency. Siebert Financial Corp. is based in New York City with 11 retail branches throughout the continental United States. More information is available at www.siebertnet.com.

Notice to Investors

This communication is provided for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such “forward-looking statements” involve risks and uncertainties and known and unknown factors that could cause the actual results of Siebert Financial Corp. (the “Company”) to be materially different from historical results or from any future results expressed or implied by such “forward-looking statements,” including without limitation: changes in general economic and market conditions; changes and prospects for change in interest rates; fluctuations in volume and price of securities; changes in demand for brokerage services; competition within and without the brokerage business, including the offer of broader services; competition from electronic discount brokerage firms offering greater discounts on commissions than the Company; the prevalence of a flat fee environment; limited trading opportunities; the method of placing trades by the Company’s customers; computer and telephone system failures; the level of spending by the Company on advertising and promotion; trading errors and the possibility of losses from customer non-payment amounts due; and other increases in expenses and changes in net capital or other regulatory requirements. As a result of these and other factors, the Company may experience material fluctuations in its operating results on a quarterly or annual basis, which could materially and adversely affect its business, financial condition, operating results, and stock price, as well as other risks detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). Accordingly, investors are cautioned not to place undue reliance on any such “forward-looking statements.” The Company undertakes no obligation to update the information contained herein or to publicly announce the result of any revisions to such “forward-looking statements” to reflect future events or developments. An investment in the Company involves various risks, including those mentioned above and those which are detailed from time to time in the Company’s SEC filings, copies of which may be obtained from the Company or through the SEC’s website.

06/20/2018 SIEBERT FINANCIAL CORP. SET TO JOIN THE RUSSELL®  INDEX

New York—June 20, 2018--Siebert Financial Corp. (Nasdaq: SIEB) is pleased to announce it is set to join the broad-market Russell 3000 Index at the conclusion of the Russell U.S. Indexes annual reconstitution, effective after the U.S. market opens on June 25, according to a preliminary list of additions posted on June 8, 2018. 

Annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of May 11, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell U.S. Indexes primarily by objective, market-capitalization rankings and style attributes. 

Siebert Financial Corp. was founded in 1967 by Muriel F. Siebert, the first woman to own a seat on the New York Stock Exchange (NYSE) and the first to head one of its member firms, Muriel Siebert & Co., Inc. Muriel Siebert was also a pioneer by transforming her firm into a discount brokerage in 1975 on the first day the NYSE allowed members to negotiate commissions. 

Gloria E. Gebbia, controlling shareholder and board member of Siebert Financial Corp. said, “We are extremely pleased for Siebert Financial to be included in the FTSE’s Russell 3000 list, and we look forward to heightened visibility among the investing community. This development marks another major milestone in the storied history of the firm. It demonstrates the hard work and efforts of our team to increase shareholder value while building a world-class institution dedicated to serving client financial needs.” 

Russell U.S. Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell U.S. Indexes. Russell U.S. Indexes are part of FTSE Russell, a leading global index provider. 

For more information on the Russell 3000® Index and the Russell U.S. Indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website. 

# # # 

About Siebert Financial Corp. 

Siebert Financial is a holding company that conducts its retail discount brokerage business through its wholly-owned subsidiary, Muriel Siebert & Co., Inc. The firm became a member of the NYSE in 1967, when Ms. Siebert became the first woman to own a seat on the Exchange. In addition, in 2014 the Company began business as a registered investment advisor through a wholly-owned subsidiary, Siebert AdvisorNXT, Inc. Siebert Financial, based on Wall Street in New York City, serves clients through its branch offices located nationwide and globally online. https://www.siebertnet.com/ 

Siebert’s Cautionary note regarding forward-looking statements 

Statements in this press release that are not statements of historical or current fact constitute “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and known and unknown factors that could cause the actual results of the Siebert Financial Corp. (the “Company”) to be materially different from historical results or from any future results expressed 

or implied by such forward looking statements, including without limitation: changes in general economic and market conditions; changes and prospects for changes in interest rates; fluctuations in volume and prices of securities; changes in demand for brokerage services; competition within and without the brokerage business, including the offer of broader services; competition from electronic discount brokerage firms offering greater discounts on commissions than the Company; the prevalence of a flat fee environment; limited trading opportunities; the method of placing trades by the Company’s customers; computer and telephone system failures; the level of spending by the Company on advertising and promotion; trading errors and the possibility of losses from customer non-payment of amounts due; other increases in expenses and changes in net capital or other regulatory requirements. As a result of these and other factors, the Company may experience material fluctuations in its operating results on a quarterly or annual basis, which could materially and adversely affect its business, financial condition, operating results, and stock price, as well as other risks detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). Accordingly, investors are cautioned not to place undue reliance on any such “forward-looking statements.” The Company undertakes no obligation to update the information contained herein or to publicly announce the result of any revisions to such “forward-looking statements” to reflect future events or developments. An investment in the Company involves various risks, including those mentioned above and those, which are detailed from time to time in the Company’s SEC filings, copies of which may be obtained from the Company or through the SEC’s website. 

Notice to Investors 

This communication is provided for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere. 

# # # 

About FTSE Russell 

FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world. 

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16.2 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management. 

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group. 

For more information, visit www.ftserussell.com 

# # # 

FOR: SIEBERT FINANCIAL CORP. 120 Wall Street 25th Floor New York, NY 10005 

Investors Please Contact: 

Siebert Financial Corp. 

Office of the Administrator 

Yesenia Berdugo 

Tel: 212-644-2435 

Media Please Contact: 

Laura Hynes-Keller 

LHK Communications, LLC 

1500 Broadway, Ste. 505, New York, NY 10036 

Tel: 212-758-8602 E: laurahk@lhkcommunications.com 


6/20/2018: Wealthscape Investor(SM) Security Enhancement
Effective 6/21/18


Effective 6/21/18, you will be prompted to provide both an E-mail address and telephone number when logging in to Wealthscape Investor(SM) . The E-mail address and phone number you provide will be used to support future, login security related enhancements. 

Please Note: The email address provided in the security contact information will only be used for security communications. It will not replace the email address being used for eDelivery. 

If you have any questions, feel free to e-mail CustomerService@Siebertnet.com, or call us at 800-872-0444, Monday to Friday from 8:00 a.m. to 6:00 p.m., ET. 



05/15/2018: Siebert Financial Corp. Reports Financial Results for First Quarter of 2018

First Quarter 2018 Financial Highlights

  • Total revenues increased to $8,177,000 from $2,379,000 in Q1 2017
  • Net income of $1,693,000 or $0.06 per diluted share from $58,000 or $0.00 per diluted share in Q1 2018
  • Retail customer accounts with positions for Q1 2018 increased to 42,899 from 29,739 for Q1 2017

Gloria E. Gebbia our control shareholder and a board member of Siebert Financial Corp said:

"We are pleased with our continued growth and profitability which is consistent with our customer growth and the increase in retail trades we process. Our customer account values have increased to over $11,000,000,000 with debits and credits also growing."

First Quarter 2018 Financial Results

Total revenues for the three months ended March 31, 2018 increased to $8,177,000 from $2,379,000 for the same year-ago period, primarily driven by an increase in revenues related to the Company's acquisition of retail assets from StockCross Financial Services Inc.

The Company recorded $1,693,000 in net income for the first quarter of 2018 or $0.06 per diluted share.This compares to $58,000 in net income or $0.00 per diluted share in the same year-ago period.

As of March 31, 2018, the Company had $5,400,000 in highly liquid cash and cash equivalents. Total stockholders' equity was $6,905,000 as of March 31, 2018 as compared to $5,212,000 as of December 31, 2017.

For additional information please refer to our Quarterly Report on Form 10-Q for the period ended March 31, 2018 filed with the SEC on May 15, 2018.You may also access the Form 10-Q through our website.

05/10/2018: UPDATEWealthscape Investor(SM) Security Enhancement 

National Financial Services LLC (NFS), our carrying broker was due to introduce a new security enhancement to the Wealthscape Investor (SM) web site on May 10, 2018. 
 
In response to client feedback, we have decided to reschedule this enhancement to June.  We will let you know that exact date in June that the enhancement will occur.  



05/7/2018: Wealthscape Investor(SM) Security Enhancement

As part of our continuing effort to help protect your account at Siebert, National Financial Services LLC (NFS), our carrying broker, will introduce a new security enhancement to the Wealthscape Investor (SM) web site. 

Effective May 10, 2018, you will be required to provide at least one email address and one phone number as part of the security contact information at pre-login. 

Upon login you be presented with the following screens and will receive a confirmation email after submitting the information. 

Security Contact Screen2 copy 

Security Contact Screen3

Please Note: The email address provided in the security contact information will only be used for security communications. It will not replace the email address being used for eDelivery. 

We greatly value your trust and confidence and sincerely appreciate your loyalty to our business. If you have any questions, feel free to e-mail CustomerService@Siebertnet.com, or call us at 800-872-0444, Monday to Friday from 8:00 a.m. to 6:00 p.m., ET. 

Sincerely, 
Muriel Siebert & Co., Inc. 

04/27/2018Save Time with Direct Deposit

At Siebert, you have the flexibility to have your dividend and interest checks directly deposited into your bank or financial institution via electronic ACH. By signing up for direct deposit, you receive your funds quickly and efficiently and your money passes through fewer hands than a paper check while greatly reducing the number of people who see your personal information.

If you are currently receiving dividend and interest payments via check and would like to have your payouts directly deposited into your financial institution, please call us at 800-872-0444 and we will send you a Distribution Request Form that you must complete and mail back to us at the address below. 

Muriel Siebert & Co., Inc.
Attn: Customer Service
15 Exchange Place, Suite 615
Jersey City, NJ 07302

If you prefer to enroll immediately, please complete the Distribution Request Form and fax it back to us at (212) 486-2784, or you can e-mail the form to customerservice@siebertnet.com. Please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, Monday - Friday if you have any questions. 

Your information will be safe and kept confidential. Once your authorization form is finalized, you can begin receiving your payments electronically.

 

3/27/2018: Good Friday Holiday

In recognition of the Good Friday Holiday, all U.S. Equity and Bond markets will be closed on Friday, March 30, 2018. Muriel Siebert & Co.’s offices will be closed in observance of the holiday on Friday, March 30 and will reopen for business on Monday, April 2, 2018. 

2/14/2018: Presidents' Day Holiday

In recognition of Presidents Day, all U.S. Equity and Bond markets will be closed on Monday, February 19, 2018. Muriel Siebert & Co.’s offices will be closed in observance of the holiday on Monday, February 19 and will reopen for business on Tuesday, February 20, 2018.  All of us at Muriel Siebert & Co. would like to take this opportunity to wish you and your loved ones a happy and safe holiday. 


02/06/2018 Siebert Financial Corp. Finalizes Exclusive Financial Services Advertising Agreement with tZero, a Subsidiiary of Overstock.com, for Discount Trading

NEW YORK & SALT LAKE CITY--()--Siebert Financial Corp. (NASDAQ: SIEB) today announced the completion of an exclusive financial services advertising agreement among Muriel Siebert & Co., Inc., tZERO, Inc., the fintech subsidiary of Overstock.com, Inc. (NASDAQ: OSTK), and Speedroute LLC, the routing services subsidiary of tZERO, for the advertisement of retail brokerage services through Siebert, including discounted online trading, on the Overstock website.

The platform, which was announced last December, allows any investor in America who accesses the Siebert portal through Overstock.com’s FinanceHub™ the opportunity to conduct trades of US equities at discounted prices.

Members of Overstock’s Club O Gold loyalty members will be charged $1.99 per trade, while non-Club O Gold members will be charged $2.99 per trade through the platform.

Pursuant to the agreement, Siebert and Speedroute will share revenue generated from trades from investors who become customers through FinanceHub™. New and existing customers utilizing the portal gain access to an array of Siebert retail brokerage products and services.

With this advertising arrangement, Siebert will gain online visibility with millions of Overstock.com customers for its discount trading platform, while benefitting from tZERO's digital and technological expertise. Through the Siebert portal, Overstock’s customers have an additional point of access to a renowned, nationwide discount brokerage firm with more than fifty years of experience in the industry.

Siebert Financial Corp. was founded in 1967 by Muriel F. Siebert, the first woman to own a seat on the New York Stock Exchange and the first to head one of its member firms, Muriel Siebert & Co., Inc. Ms. Siebert was also a pioneer by transforming her firm into a discount brokerage in 1975 on the first day the NYSE allowed members to negotiate commissions.

Gloria E. Gebbia, controlling shareholder and board member of Siebert Financial Corp. said, “We are excited and view this agreement as an excellent growth opportunity for Siebert to connect with Overstock's customers, many of whom are women grappling with financial challenges including retirement planning. Through this initiative, we will continue to honor the trailblazing legacy of our founder Muriel Siebert, who obtained a seat on the NYSE to address the pay inequality she experienced working on Wall Street. So, we are especially pleased to optimize the Overstock consumer experience by offering discounted trading, along with other quality retail brokerage services, designed to meet the financial and investing needs of all our clients.”

“Muriel Siebert was a woman who stood for integrity in capital markets, and I am pleased for Overstock.com to be associated with the firm she founded. We have integrated so as to be able to bring to the public this discount trading platform, priced with an eye towards re-democratizing capital markets in the US,” said Overstock.com’s and tZERO’s CEO Patrick M. Byrne.

For years, millions of consumers have relied on Overstock for their e-commerce needs, including, most recently, auto purchases. Overstock currently delivers world-class service and award-winning customer experiences, as evidenced by its 2017 Loyalty360 Customer Award in Operational Excellence and its six consecutive Mobile Web Awards for its shopping apps.

Overstock changed its’ previously-announced plans of creating an additional loyalty program tier to house these brokerage services, in order to extend the discounted trading opportunity to the entire Club O Member base.

Notice to Investors

This communication is provided for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere.

About Siebert Financial Corp.

Siebert Financial is a holding company that conducts its retail discount brokerage business through its wholly-owned subsidiary, Muriel Siebert & Co., Inc. The firm became a member of the NYSE in 1967, when Ms. Siebert became the first woman to own a seat on the Exchange. In addition, in 2014 the Company began business as a registered investment advisor through a wholly-owned subsidiary, Siebert AdvisorNXT, Inc. Siebert Financial, based on Wall Street in New York City, serves clients through its branch offices located nationwide and globally online. www.siebertnet.com

Siebert’s Cautionary note regarding forward-looking statements

Statements in this press release that are not statements of historical or current fact constitute “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and known and unknown factors that could cause the actual results of the Siebert Financial Corp. (the “Company”) to be materially different from historical results or from any future results expressed or implied by such forward looking statements, including without limitation: changes in general economic and market conditions; changes and prospects for changes in interest rates; fluctuations in volume and prices of securities; changes in demand for brokerage services; competition within and without the brokerage business, including the offer of broader services; competition from electronic discount brokerage firms offering greater discounts on commissions than the Company; the prevalence of a flat fee environment; limited trading opportunities; the method of placing trades by the Company’s customers; computer and telephone system failures; the level of spending by the Company on advertising and promotion; trading errors and the possibility of losses from customer non-payment of amounts due; other increases in expenses and changes in net capital or other regulatory requirements. As a result of these and other factors, the Company may experience material fluctuations in its operating results on a quarterly or annual basis, which could materially and adversely affect its business, financial condition, operating results, and stock price, as well as other risks detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). Accordingly, investors are cautioned not to place undue reliance on any such “forward-looking statements.” The Company undertakes no obligation to update the information contained herein or to publicly announce the result of any revisions to such “forward-looking statements” to reflect future events or developments. An investment in the Company involves various risks, including those mentioned above and those, which are detailed from time to time in the Company’s SEC filings, copies of which may be obtained from the Company or through the SEC’s website.

About Overstock.com

Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform: OSTKP) / Series B Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. In addition to home goods, Overstock.com offers a variety of products including jewelry, electronics, apparel, and more, as well as a marketplace providing customers access to hundreds of thousands of products from third-party sellers. Additional stores include Worldstock.com dedicated to selling artisan-crafted products from around the world. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock regularly posts information about the company and other related matters under Investor Relations on its website, http://www.overstock.com.

About tZERO

t0.com, Inc. (“tZERO“) is a majority owned subsidiary of Overstock.com, focusing on the development and commercialization of financial technology (FinTech) based on cryptographically-secured, decentralized ledgers – more commonly known as blockchain technologies. Since its inception, tZERO has pioneered the effort to bring greater efficiency and transparency to capital markets through the integration of blockchain technology. More information is available at tZERO.com.

tZERO / Overstock Cautionary note regarding forward-looking statements

This press release contains certain forward-looking statements relating to the implementation of the financial services advertising agreement among tZERO, Speedroute and Siebert and the services to be offered thereunder. Such forward-looking statements include all statements other than statements of historical fact and are typically identified by words or phrases such as “intends,” “expects,” “will” and similar expressions. Actual results may differ materially from such forward-looking statements as a result of certain risks and uncertainties. The forward looking statements in this press release are made only as of the date hereof, and neither tZERO, Speedroute, nor Overstock undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in Overstock’s Form 10-Q for the quarter ended September 30, 2017, which was filed with the SEC on November 8, 2017, and any subsequent filings with the SEC.

Contacts

For Siebert Financial Corp.:
LHK Communications, LLC
Laura Hynes-Keller, +1-212-758-8602
laurahk@lhkcommunications.com



02/02/2018 tZERO, Overstock.com's Blockchain Subsidiary, Purchases 24% Stake in StockCross Financial


01/31/2018 Important Information on 2017 Tax Forms


National Financial Services, LLC (NFS), our clearing broker, has begun the 2017 tax form mailing process. Log in to your SiebertNet account to view and download your available tax forms and to receive up-to-date information as well as the status of your additional forms before the April 17, 2018 tax date. Please reference the Tax Form Mailing Calendar below for available tax forms. All forms are mailed within five business days of the "Activates Online" dates listed in the table. Please note, applicable tax statements are subject to later correction by NFS.

Original Tax Form
 Description Activates Online
(Dates subject to change)

Eligible for eDelivery
5498 Contributions and year-end market values for retirement accounts.
01/20/2018 Yes
1099-R Distributions from retirement accounts
01/20/2018 Yes
1099: 1st Mailing (POP 1)
Brokerage accounts with holdings whose income does not require reclassification or additional information from issuers. Generally, this includes accounts holding options, certain equities, and fixed income securities.


01/27/2018


Yes
1099: 2nd Mailing (POP 2)
Might include equities and fixed income securities, closed-end funds and non-Fidelity mutual funds where the issuer provided final tax information after the first mailing.

02/17/2018
 
Yes
1099: INFO ONLY (corporate)*
Supplemental tax reporting information for corporate and eligible exempt accounts. The details are not reported to the IRS.

02/17/2018
 
Yes
1099: Preliminary Tax Statement
Provides a 'point in time' snapshot of reporting activity for customers slated for a later mailing. Includes a symbol/CUSIP for the list of positions which are lacking final tax information.
02/17/2018 (Available online only)
 
No
1099: 3rd Mailing (POP 3) Might include brokerage accounts holding Unit Investment Trusts (UITs) and Real Estate Investment Trusts (REITs).

03/03/2018

Yes
1099: 4th Mailing (POP 4)
Might include brokerage accounts holding Unit Investment Trusts (UITs) and Real Estate Investment Trusts (RITs) in which final tax information was delayed from the issuer. Also includes Mortgage-Backed Securities (MBS) in which final tax information from the issuer has been received.


03/10/2018



Yes


* Muriel Siebert & Co., Inc. does not provide tax, investment or legal advice but if you have any questions or concerns regarding the specific information listed in a tax statement please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, Monday - Friday.


1/9/2018: Martin Luther King Jr. Holiday

In recognition of Martin Luther King Jr. Day, all U.S. Equity and Bond markets will be closed on Monday, January 15, 2018. Muriel Siebert & Co.’s offices will be closed in observance of the holiday on Monday January 15 and will reopen for business on Tuesday January 16, 2018. All of us at Muriel Siebert & Co. would like to take this opportunity to wish you a Happy Martin Luther King Jr. Day.


12/28/2017: New Years' Day Holiday

In recognition of the New Year’s Day Holiday, all U.S. Equity and Bond markets will be closed on Monday, January 1, 2018.  Siebert offices will be closed in observance of the holiday on Monday, January 1, 2018, and will reopen for business on Tuesday, January 2, 2018. All of us at Muriel Siebert & Co., In., would like to take this opportunity to wish you a happy and healthy New Year.

12/21/2017: Christmas Day Holiday

In recognition of the Christmas Day Holiday, all U.S. Equity and Bond markets will be closed on Monday, December 25, 2017.  Siebert offices will be closed in observance of the holiday on Monday, December 25, 2017, and will reopen for business on Tuesday, December 26, 2017. All of us at Muriel Siebert & Co., In., would like to take this opportunity to wish you and your families a happy and safe holiday season.


11/21/17: Thanksgiving Day Holiday 

In recognition of the Thanksgiving Holiday, all U.S. Equity and Bond markets will be closed on Thursday, November 23, 2017.  Siebert offices will be closed in observance of the holiday on Thursday, November 23, 2017, and will reopen for business on Friday, November 24, 2017.  In addition, U.S. Equity  domestic markets will close at 1:00 p.m. and the Bond Markets will close at 2:00 p.m. ET on Friday November 24, 2017.  Our Siebert offices will close at 2:00 p.m.; however our Retail Trading Desk, Customer Service and New Accounts Departments will be staffed until 4:00 p.m. on that Friday.  There will be an after-hours trading session from 1:00 until 4:00 on Friday. All of us at Muriel Siebert & Co., Inc., would like to take this opportunity to wish you and your families a happy and safe holiday season.


11/09/2017: Siebert Financial Corp. Reports Third Quarter and Nine Months 2017 Financial Results

New York, NY, Thursday, November 9, 2017

Recent Developments

• Achieved Profitability for Three Straight Quarters since December 2016 Acquisition, with Third Quarter Profits; Exceeding $1 million

•  Total Retail Customer Net Worth $7.5 Billion at September 30, 2017

• Received Regulatory Approval for Approximately $3.8 Billion in Assets to be Transferred from Stockcross Financial Services to Siebert During 4Q to Bring Total AUM to More Than $11 Billion, Which Will Represent Over 50% Increase in AUM and a Projected Revenue Increase of More Than 100%

• Continued Progress in Advancing Strategic Initiatives and Business Development Projects

• Implemented Improvements to Streamline Operational Efficiencies and Reduce Costs

• Further Strengthening of Relationships with Existing Clients and Enhancing Customer Experience with New Products and Technologies

Third Quarter Financial Highlights

• Q3 Total Revenues $3.1 million, a 38.9% Increase from Q3 2016
• Q3 Total Expenses $2.1 million, a decrease of 37.9% from Q3 2016
• Q3 Net Income $1,001,000, as compared to a net loss of $1,140,000 for Q3 2016

First Nine Months Financial Highlights

• Total Revenues for the nine months ended September 30, 2017 were $8.2 million, an increase of 13.6% from the same period in 2016

• Total expenses for the nine months ended September 30, 2017 were $6.7 million, a decrease of 29.5% from the same period in 2016

• Net income of $1,425,000 for the nine months ended September 30, 2017 as compared to a net loss of $2,369,000 from the same period in 2016

• Stockholder’s Equity $4.5 million at September 30, 2017

 



New York, NY—November 9, 2017— Siebert Financial Corp. (NASDAQ: SIEB )
today reported financial results for the three and nine months ended September 30, 2017. Gloria E. Gebbia, majority shareholder and board member of Siebert Financial said, "Our firm has a strong, stable foundation, and our results for the first nine months of the year reflect the quality of our efforts on behalf of our clients. As we continue to make investments in our business, we are in an excellent position to capitalize on growth opportunities to improve the customer experience and further position us for the future.” Siebert Financial Corp. has continuously served clients throughout the United States and globally for five decades. The firm will celebrate its 50th Anniversary with a New York Stock Exchange bell ringing ceremony on December 22 to commemorate founder Muriel Siebert’s groundbreaking achievement in becoming the first woman to both own a seat on the NYSE and head one of its member firms, Muriel Siebert & Co., Inc. in 1967. Muriel Siebert overcame tremendous challenges to gain international recognition as Wall Street’s First Woman of Finance and a trailblazing icon of the financial world. She was also a pioneer in the discount brokerage field, transforming her firm into a discount brokerage in 1975 on the first day NYSE members were allowed to negotiate commissions. “For 50 years, Siebert Financial has maintained its steadfast focus on excellence in serving our clients financial needs. Mickie Siebert was a savvy visionary who established our firm on the core values of integrity and the safety of investments, and we remain deeply committed to upholding these standards while working to help our clients achieve their financial goals. We are honored and look forward to celebrating her legacy at the NYSE,” she added. For additional information, please refer to our Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the SEC on November 9, 2017. You may also access the Form 10-Q through our website



09/04/2017:
Siebert Announces Relocation of Boca Raton, FL Office

Exciting News! As of September 5, 2017 the Siebert Boca Raton office located at 4400 North Federal Highway has moved to a more accommodating space in the same office building. Our new Boca office has moved a few doors down from Suite 152 to Suite 122. The new space will allow us to better accommodate our clients and has two new designated Siebert parking spots right in front of the new office. This move does not require any action on our clients' part.The handling of all account(s) with Siebert will continue as usual with no disruption of service. We are very excited to expand our Boca office and will continue to deliver the highest quality financial services while also providing the excellent service our clients have come to expect from us. We greatly value our relationship with you and look forward to continuing to service your investment needs. If you have any questions or concerns, please don't hesitate to email CustomerService@Siebertnet.com or call us at 800-872-0444, 8:00 a.m. - 6:00 p.m., ET, Monday - Friday.


We welcome you to come by and visit our new location and say hello to our friendly staff.


08/14/2017:SIEBERT FINANCIAL CORP. REPORTS SECOND QUARTER AND FIRST HALF 2017 FINANCIAL RESULTS SIEBERT FINANCIAL CORP. REPORTS SECOND QUARTER AND FIRST HALF 2017 FINANCIAL RESULTS


06/15/2017: SEC Adopts T+2 Settlement Cycle for Securities Transactions

On March 22, 2017, the Securities and Exchange Commission adopted an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions. Currently, the standard securities trade settlement cycle for equities, corporate and municipal bonds, and unit investment trusts, among other instruments is the third day after a trade is executed, (T+3). The implementation date for the move to (T+2) in the U.S. market will be Tuesday, September 5, 2017. Thursday, September 7, 2017 will be a double settlement day for trade dates September 1, 2017, and September 5, 2017.

This amended rule is designed to enhance efficiency, reduce risk, and ensure a coordinated and expeditious transition by market participants to a shortened standard settlement cycle. Muriel Siebert & Co., Inc. will be required to comply with the amended rule beginning on September 5, 2017. If you have any questions, please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, Monday to Friday or, you can also visit the Securities and Exchange Commission Website for more detailed information. Muriel Siebert and Co. does not provide investment tax or legal advice.



06/01/2017: Coming Soon! myStreetscape Migration to Wealthscape Investor Effective June 28, 2017

We are pleased to announce that National Financial Services LLC, (NFS), our carrying broker and provider of our secure SiebertNet website, will be introducing a re-branded version of myStreetscape® called Wealthscape Investor℠, effective June 28, 2017.

The new site will allow for more enhancements and improvements to the brokerage platform in the future. Please make sure to bookmark the new login URL, WealthscapeInvestor.com in June.

With the transition to Wealthscape Investor℠, you will be able to login with your existing login credentials and you will continue to have all the same features and functions you have access to today.

Enhancements include:

  • Option to Create a Customized User Name: Once logged in, you will also have the option to create a new custom, alphanumeric Username.
  • New Wealthscape Investor℠ Mobile App: In addition, when logging into the myStreetscape® App from your iPhone®, iPad® or Android™ device, you will be asked to download the new Wealthscape Investor℠ App from the Apple App Store or from Android Google Play.

If you require assistance, please call our Customer Service Department at 800-872-0444, 8:00 a.m. - 6:00 p.m. ET, Monday-Friday and one of our professional representatives will assist you.

We value your business and look forward to continuing to serve your investment needs.

* Muriel Siebert & Co, Inc. is an independent company and is not affiliated with National Financial Services LLC.


05/22/2017: Gloria Gebbia and ABC's Support Research at the John Wayne Cancer Institute with Luncheon Honoring Sharon Stone

The Associates for Breast and Prostate Cancer Studies (ABC's) honored Sharon Stone with its Mother of the Year Award during its 16th Annual Mother's Day luncheon hosted by ABC's president Gloria E. Gebbia in Beverly Hills on May 10, 2017. Celebrity stylist Chaz Dean was presented with the Humanitarian Award. We salute business leader and philanthropist Gloria Gebbia and work of ABC’s in funding research at John Wayne Cancer Institute.

Click here to read press release.


Welcome to the Enhanced SiebertNet We hope you like the clean design and simplified navigation of the new Web site from National Financial Services LLC, our carrying firm, and that you find it enriches your online trading experience. Highlights include the following:

Expanded Market Data & Research Portal
Market, Economic and World Overview pages and a conveniently reorganized Premium Research portal with expanded search functionality.1

Portfolio Summary & Estimated Income Pages
The bottom line for each of your linked accounts and your total portfolio and estimated monthly and annual income for all your holdings.

Symbol-Specific Snapshot Page
The big picture at a glance with a quote, multi-period chart, analyst ratings and indicators, news headlines, company profile, summary financials and competitors.1

Advanced Orders
A comprehensive selection for equities and single-leg options, including Contingent, Multi-Contingent, One-Cancels-the-Other (OCO) and One-Triggers-the-Other (OTO), as well as Trailing Stops and other order types.2

Customizable Quick Quotes
Real-time quick quotes for multiple symbols at the bottom of each page with your choice of which one to display at login.

Upgraded Stock, ETF and Mutual Fund Screeners
Select from a wide range of criteria and establish your choice of ranges to discover opportunities that may suit your objectives.1,3

Convenient Account Selector
One-click choice of account and page from anywhere within the Account section – plus detailed real time balances.


 
09/15/2017: Hurricane Irma Update

Please be aware that the power has been restored in our Boca Raton office and the office is fully operational and staffed. Thank you for your patience as we dealt with this incident. Our clients in the Florida area are in our thoughts – we hope that everyone is safe in the area.


09/07/2017: Hurricane Irma

To All Our Clients and Staff in the Florida Area

As Hurricane Irma approaches Florida we have taken precautionary measures and closed our office in Boca Raton. Our thoughts are with our clients and friends in the area as the storm approaches. In the interim our staff in Jersey City and elsewhere will be available to service our clients both online and via the telephone. Currently we aren’t aware of any phone issues in the area and the calls into our Boca office will be routed to staff elsewhere in our organization. If you do experience issues in the area with your phones we have listed other important toll-free phone numbers below that you can utilize. We will update this message regarding the branch as the storm makes its way through the area. We hope that all our clients and friends are safe during these difficult times.


08/25/2017: Labor Day NYSE Holiday

In recognition of the Labor Day holiday, all U.S. markets will be closed on Monday, September 4, 2017, and will reopen for business Tuesday, September 5, 2017. Siebert’s offices will be closed in observance of the holiday on Monday, September 4, and will reopen on Tuesday, September 5. All of us at Muriel Siebert & Co., Inc., would like to take this opportunity to wish you and your families a happy and safe Labor Day.


06/27/2017: Fourth of July NYSE Holiday

In recognition of the Fourth of July Holiday, all U.S. markets will be closed on Tuesday, July 4, 2017, and will reopen for business Wednesday, July 5, 2017. Siebert’s offices will be closed in observance of the holiday on Tuesday July 4, 2017, and will reopen on Wednesday, July 5. In addition the domestic markets will close early at 1pm on Monday July 3, 2017. There will be an afterhours trading session on July 3 until 4pm. Our offices will close at 2pm; however our Retail Trading Desk, Customer Service, and New Account Departments will be staffed until 4pm on that day. All of us at Muriel Siebert & Co., Inc., would like to take this opportunity to wish you and your families a happy and safe Fourth of July Holiday.


05/23/2017: Memorial Day NYSE Holiday

In recognition of the Memorial Day holiday, all U.S. markets will be closed on Monday, May 29, 2017, and will reopen for business Tuesday, May 30, 2017. Siebert’s offices will be closed in observance of the holiday on Monday, May 29, and will reopen on Tuesday, May 30. All of us at Muriel Siebert & Co., Inc., would like to take this opportunity to wish you and your families a happy and safe Memorial Day.



05/23/2017: Siebert Financial Corp. files 2016 Annual Report and DEF14A Proxy Statement.Siebert
Financial Corp. files 2016 Annual Report and DEF14A Proxy Statement.


04/17/2017: Introducing Siebert Mobile Check Deposit!


Exciting news! Clients can now deposit checks into their Siebert brokerage accounts anytime, anywhere with the new Siebert Mobile Check Deposit feature. Conveniently deposit checks quickly from your iPhone®, iPad® or AndroidTM device. Simply download the myStreetscape mobile app from the Apple App store or Android Google Play. Login and drop down the menu link and select Money Movement and click on Deposit Check. Snap a picture of the front and back of check and accept the User Agreement. Enter the check amount, verify the deposit details, submit and confirm. Plus, one check can be split across as many as 5 brokerage accounts. For best results, remember to place the check on a contrasting background. To capture a clear image, hold the device steady and allow the camera to auto focus on the image prior to snapping a picture of the check. Please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, M-F if you have any questions. Muriel Siebert and Co., Inc. does not provide investment tax or legal advice. Member: NYSE, FINRA and SIPC.


04/05/2017: Good Friday Holiday

In recognition of Good Friday, all domestic Equity and Bond markets will be closed on Friday April 14, 2017. The Bond Markets will also close at 2:00 p.m. ET on Thursday, April 13, 2017. Siebert’s offices will be closed in observance of the holiday on Friday the 14th.


03/17/2017: Have you made your 2016 IRA contribution. Don't miss the April 18th deadline!

Don't miss the April 18th deadline for 2016 IRA contributions! Open or contribute to your IRA today. Our retirement plans are self-directed and allow you to invest in mutual funds, stocks, bonds and other investments through one consolidated account. Whether you deposit the maximum or a smaller amount, you know you are making progress toward your retirement goals. Not sure which IRA is right for you? Visit the Retirement Account Types page for a description of various IRA accounts, and to view the maximum contribution limits allowed for 2016. Please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, M-F if you have any questions. Muriel Siebert and Co., Inc.  does not provide investment tax or legal advice.


03/10/2017: Save Time with Direct Deposit

At Siebert, you have the flexibility to have your dividend and interest checks directly deposited into your bank or financial institution via electronic ACH. By signing up for direct deposit, you receive your funds quickly and efficiently and your money passes through fewer hands than a paper check while greatly reducing the number of people who see your personal information.

If you are currently receiving dividend and interest payments via check and would like to have your payouts directly deposited into your financial institution, please call us at 800-872-0444 and we will send you a Distribution Request Form that you must complete and mail back to us at the address below.

Muriel Siebert & Co., Inc.
Attn: Customer Service
15 Exchange Place, Suite 615
Jersey City, NJ 07302

If you prefer to enroll immediately, please complete the Distribution Request Form and fax it back to us at (212) 486-2784, or you can e-mail the form to customerservice@siebertnet.com. Please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, Monday - Friday if you have any questions.

Your information will be safe and kept confidential. Once your authorization form is finalized, you can begin receiving your payments electronically.



02/09/2017: Siebert Announces Relocation of Key Business Units

Exciting News! The firm is expanding its footprint in New York and New Jersey with the relocation of key Siebert business units to 120 Wall Street in New York, and 15 Exchange Place, Jersey City, NJ, from 885 Third Avenue in New York, effective February 27, 2017. These changes will allow us to better accommodate our clients and does not require any action on our clients' part. The handling of all account(s) with Siebert will continue as usual with no disruption of service.

We are very excited to expand our services and deliver the highest quality financial services while also providing the excellent service our clients have come to expect from us. We greatly value our relationship with you and look forward to continuing to service your investment needs.

If you have any questions or concerns, please don't hesitate to email CustomerService@Siebertnet.com or call us at 800-872-0444, 8:00 a.m. - 6:00 p.m., ET, Monday - Friday.

For your convenience, we have listed below the mailing address and telephone numbers you should be utilizing as of February 27, 2017.

Fixed Income Mailing Address:

Muriel Siebert & Co., Inc.

120 Wall Street, 25th Floor

New York, NY 10005

Telephone: (800) 872-6864

Jersey City Mailing Address:

Muriel Siebert & Co., Inc.

15 Exchange Place, 6th Floor

Jersey City, NJ 07302

Telephone: (800) 872-0444





02/02/2017 Important Information on 2016 Tax Forms

National Financial Services, LLC (NFS), our clearing broker, has begun the 2016 tax form mailing process. Log in to your SiebertNet account to view and download your available tax forms and to receive up-to-date information as well as the status of your additional forms before the April 18, 2017 tax date. Please reference the Tax Form Mailing Calendar for available tax forms. All forms are mailed within five business days of the "Activates Online" dates listed in the table. Please note, applicable tax statements are subject to later correction by NFS.
 
Should you have any questions once you receive your tax statements, please visit NFS' www.mybrokerageinfo.com informational website. The site offers insightful information on the following:



* Muriel Siebert & Co., Inc. does not provide tax, investment or legal advice but if you have any questions or concerns regarding the specific information listed in a tax statement please contact Customer Service at 800-872-0444, 8:00 a.m. to 6:00 p.m. ET, Monday - Friday.


10/31/2016: Update: Beverly Hills Office Relocation

The Muriel Siebert & Co. branch office in Beverly Hills, currently located at 9701 Wilshire Boulevard, Suite 1111, Beverly Hills, CA 90212, will be transitioning to a new location in Beverly Hills. We will advise of the new location for this branch office when it is available for business.

The office relocation does not require any action on our clients' part, and the handling of all account(s) with Siebert will continue with no planned disruption in service. Our representatives who regularly service your account are available to speak with you as always.

While the move is underway, the Siebert personnel in Beverly Hills can be reached by calling Customer Service: (800) 872-0444.

You can also reach us through our Main Branch office at 212-644-2400, located in New York at 885 Third Avenue, 31st Floor, New York, New York 10022.

In addition, toll-free numbers for our various departments are as follows:

Retail Trading: (800) 872-7865
New Accounts: (800) 872-0711
Customer Service: (800) 872-0444
Mutual Funds: (800) 872-0666

We greatly value our relationship and look forward to providing full service for your investment needs throughout this transition. We will provide an update regarding our new Beverly Hills, CA location in the near future.

Thank you in advance for your attention to this matter.


10/21/2015: Complex Passwords Update

Effective November 2015, you will be able to use complex passwords to log into the SiebertNet website. These new passwords will be more secure because they will be more complex making brute force attacks and password guessing more difficult. We will introduce a new password meter, which will help you assess the strength of the password you create.

At the same time, we are making enhancements to the security question that you must answer in order to reset the password online. The new questions require more individual, personal information, and allow the use of various types of characters. When you create a new password, you will also be prompted to choose a new security question.

  • You may opt to update to a complex password effective November 2015.
  • The new password policy will allow between 6 and 20 characters.
  • Passwords will be required to include at least one character from three of the allowed character sets: uppercase letters, lowercase letters, numbers and special characters
  • You will also be required to choose a new security question

To update your account to a complex password using the updated navigation, please go to:
Resources > User Options > Change Password
 
 
If you have any questions about the enhanced site, or if you require assistance with any other aspect of our website, please call Technical Support at 800-872-0444, option #4, 8:00 a.m. - 6:00 p.m. ET, Monday - Friday.

We thank you for allowing us to serve your investment needs and we remain committed to providing you with the best in investment products and personal service. 


 

10/17/2014: New Mutual Fund, Equity and Option Order Tickets

We are pleased to announce the release of new Mutual Fund, Equity and Option Order Tickets as well as Enhanced Quote Functionality, effective November 2014.

  • Save up to 50 Orders - The new order ticket will allow you to save up to 50 orders across login sessions for up to 30 days.
  • Efficient Order Entry -  The new Trade Preferences access functionality will display default values per ticket type for Account, Account Type, Price Type and Time in Force Fields.
  • Enhanced Quote Functionality -  You will be able to use the Quick Quote feature to obtain enhanced quoting functionality. Once a symbol is entered, the security description will appear and the Quick Quote feature will retrieve a quote for the security.

If you have any questions, or if you require assistance with any other aspect of our website, please call Technical Support at 800-872-0444, option #4, 8:00 a.m. - 6:00 p.m. ET, Monday - Friday, or email us at TechSupoort@SiebertNet.com.

As always, we want to thank you for your continued business. 


01/02/2014: Alternative Web address for Online Access

As you are probably aware from prior communications, recently we transitioned to a new web site. Unfortunately, this can sometimes result in issues with cached web pages that might prevent you from accessing the SiebertNet.com site.

If you ever encounter difficulties accessing our web site, www.siebertnet.com, please remember that you can also access the secure trading site provided by National Financial Services LLC, our carrying broker, directly at the following web address: https://www.mystreetscape.com/my/msiebert

We strongly recommend adding the above secure site Login page address to your "Favorite" sites so that you have it readily available if you should ever need it in the future.

If you should have questions or require assistance with accessing your account, please contact Technical Support at 800-872-0444, option #4, 7:30 a.m. to 7:30 p.m. ET, Monday - Friday, or email us at TechnicalSupport@SiebertNet.com.

Additionally, if you should need to place an order but find you are unable to access our web site for any reason, please contact Retail Trading at 800-872-7865, 7:30 a.m. to 7:30 p.m. ET, Monday – Friday. Our representatives will be pleased to handle your order at the internet commission rate under such circumstances.


10/01/2013: Enhanced eDelivery Service Now Available!

Good news!  Going green by going paperless just became even easier!

We are pleased to announce that eDelivery of account documents has been enhanced through the addition of Tax Documents and a new eDelivery enrollment page on our secure SiebertNet site.

Now, in addition to receiving email notifications of the availability of your Trade Confirms, Monthly Account Statements and Shareholder reports, you can also choose to receive eDelivery of Tax Forms & Related Disclosures for your eligible accounts with Siebert.

Additionally, the new Document Delivery Instructions page also simplifies your enrollment in and management of eDelivery by listing in one place all enrollment fields and documents for each account linked to your User ID. You can also add or change email addresses for any of your linked accounts directly through the new instruction page.

With eDelivery you can take advantage of convenient and timely email notification when eligible documents become available, gain instant access to your documents, enhance your security and identity theft protection, and also simplify your record keeping.

To enroll in or manage your eDelivery service, first log on to SiebertNet. Next, access the new Document Delivery Instructions page from the top menu bar under the “Service” tab.

If you would like to learn more the enrollment process and the important benefits of eDelivery, click here.


03/21/2013: New "Skip Order Preview" Feature Available 4/6/13

We are pleased to confirm that, effective Saturday, April 6, 2013, National Financial Services LLC (NFS), our carrying broker and the provider of our secure SiebertNet web site, will introduce a new feature allowing you, at your sole discretion, to bypass the Order Preview Screen when you enter an order online for equities, options or mutual funds. Click here to learn more about this new feature including important disclosures about the risks associated with its use.


02/22/2013: TurboTax Integration is Now Available!

We are pleased to announce that National Financial Services LLC (NFS), our carrying broker, now supports TurboTax integration. If you are a TurboTax user, this free new feature will allow you to import eligible tax forms for 2012 for your Siebert accounts into TurboTax, thus eliminating the time and effort required to manually enter this information.

Please note that the availability of tax forms for your account(s) with Siebert is subject to their production schedule and tax forms are not available until they are produced by NFS. If you attempt to download your tax forms into TurboTax but receive a message indicating "The information you have requested from National Financial is unavailable at this time," it is because your tax forms have not been processed and made available online yet by NFS.

NFS has confirmed that it processed and mailed the original tax forms for 2012 for most customer accounts by February 15, 2013.  However, NFS has filed an extension to process the original 1099s for 2012 for certain accounts by February 27, 2013.  The accounts affected by the extension generally hold either mutual funds or REITs which have not provided income reallocation and for which, based on past experience, NFS believes there is a high probability of a reclassification still occurring.  In addition, the extension will also include some accounts which require manual basis adjustments and which may fall under one of the following conditions: tech short, out of balance, premium adjustments for some options trades, and unknown basis.  Note that tax statements do not become available online or for import until several days after they are processed and mailed. Please also note that, where applicable, tax statements are subject to later correction by NFS. 

Please note that TurboTax will only pull information for the accounts linked to the SiebertNet (myStreetscape) User ID you enter at TurboTax.com.  Please also note that the 1099 import process will include the 1099s for any and all accounts linked to your User ID for which a 1099 has been produced.  In order to import the 1099 for the account of a specific taxpayer, you will need to make sure that it is the only account linked to your User ID for which a 1099 has been issued by NFS.  Note that 1099s are not issued for prototype retirement accounts including IRAs and Rollover IRAs.  If necessary, we can provide you with a separate User ID for each account for which you need to import a 1099 separately into TurboTax.  Please contact Technical Support by email at TechSupport@SiebertNet.com or by phone at 800-872-0444, option #4, 7:30 a.m. - 7:30 p.m. ET, Monday - Friday.

When available, the following current and corrected forms are eligible for import through the new TurboTax integration feature: 1099-B; 1099-DIV; 1099-INT; 1099-OID and 1099-R.

Please note that TurboTax will only pull information for the accounts linked to the SiebertNet (myStreetscape) User ID you enter at TurboTax.com. Here is the step-by-step process for importing eligible tax forms for your accounts with Siebert into your account with TurboTax.com:

1. Log into your TurboTax.com account at their website, www.turbotax.com.

2. Next, click on "Tools" at top of the web page to access the "Tools Center" pop-up window.

3. Click on "Topic List" in the "Tools Center" pop-up window.

4. After accessing the "Topic List," click on the "Expand All" button located at bottom left of the pop-up window.

5. Under the "Topic List," now select "Download / Import Tax Info."

6. On the "Import Summary" page that appears, click on the blue button labeled "Add Other Documents."

7. Make sure the radio button next to "Import from my bank or brokerage" is selected.

8. Under "Import from my bank or brokerage," enter the name of our carrying broker, "National Financial."

9. Make sure the name "National Financial" is highlighted in the drop-down menu and then click on "Continue."

10. Now you can sign on to National Financial to import your eligible tax forms by entering your SiebertNet (myStreetscape) User ID and PIN.

You can also view a brief Tutorial Video that will take you through the above process. Click here to view the Tutorial Video.

If you have any questions about using TurboTax integration to access eligible tax forms for 2012 for your accounts with Siebert, please email Technical Support at TechSupport@SiebertNet.com, or call them at 800-872-0444, option #4, 7:30 a.m. - 7:30 p.m. ET, Monday - Friday.

If you are a TurboTax user, we invite you to take advantage of the availability of TurboTax integration in preparing your 2012 taxes.

Intuit and TurboTax are trademarks and service marks of Intuit, Inc., registered in the United States and other countries. Muriel Siebert & Co., Inc., is not affiliated with TurboTax or Intuit, Inc. Muriel Siebert & Co., Inc., does not provide, investment, tax or legal advice.


01/09/2013: Free SiebertNet iPad App Now Available!

We are pleased to confirm that our new iPad® App is now available free on the Apple's App Store. Now, in addition to accessing your Siebert account(s) via a smartphone, iPhone® or AndroidTM device, you can also access your Siebert account(s) and monitor the markets using an app designed specifically for use with the iPad.

The new iPad App, provided through National Financial Services LLC (NFS), our carrying broker, gives you ready access to the following information and features:

  • Account information including positions, balances, historical transactions and order status.
  • Up-to-date market information including quotes, a watch list and news stories.
  • Order entry for equities, options2 and mutual funds3.

You will find the new iPad App by going to SiebertNet.com/iPadApp on your iPad. You can also find it listed on the App Store by searching under "myStreetscape® Brokerage Mobile." Once you have installed the App, you can access your Siebert account(s) with the same User ID and PIN that you currently use for the SiebertNet.com website and our other MobileBroker applications.

If you have any questions about the new iPad App, or if you require assistance with any other aspect of our MobileBroker service or the SiebertNet web site, please call Technical Support at 800-872-0444, option #4, 7:30 a.m. - 7:30 p.m. ET, Monday - Friday, or email us at TechSupport@SiebertNet.com.

Trades executed through the iPad App, iPhone App, Android App and Mobile Browser will receive the online commission rate for your account.

iPhone, iPad and iTunes are registered trademarks of Apple Inc. Android is a trademark of Google Inc. Use of this trademark is subject to Google Branding Guidelines. BlackBerry®, RIM®, Research In Motion®, and related trademarks, names, and logos are the Property of Research In Motion Limited and are registered and/or used in the U.S. and countries around the world.

We are not responsible for technical or access problems you may experience when using SiebertNet or MobileBroker. System availability and response times are subject to market conditions and internet connection limitations. Muriel Siebert & Co., Inc. (Siebert), does not provide investment, tax or legal advice.




1. Important Notice: The information provided in this section is prepared by independent information providers that are not affiliated with Muriel Siebert & Co., Inc. ("Siebert"). Securities mentioned reflect independent providers' opinions and are not recommendations of Siebert. These materials are provided for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Although Siebert obtained the information contained in this section from sources that it believes to be reliable, Siebert does not guarantee that the information provided is accurate, complete or timely, or make any warranties with regard to the results obtained from its use. Siebert does not guarantee the suitability or potential value of any particular investment or information source. Muriel Siebert & Co., Inc., does not offer investment, tax or legal advice.

2. Options trading involves substantial risk and is not suitable for all investors. Prior to entering any order involving options, you must have an approved options agreement on file with our firm and you must have been provided with a copy of the OCC's Characteristics and Risks of Standardized Options. In addition, there are special risks associated with some of the options strategies referenced on this Web site that may expose an investor to potentially rapid and significant losses. This includes multi-leg options strategies (such, as for example, spreads, strangles, straddles and other types of options combinations), which carry special risks to investors and impose significant transaction costs because they involve multiple commission and other charges. These options strategies are not suitable for all investors, and may not be suitable for all investors who are approved to engage in options trading.

3. Before investing in a mutual fund or ETF, you should carefully consider the investment objectives, risks, charges and expenses that may accompany your potential investment. The prospectus contains this information and other information that you should read carefully. Please read the fund's prospectus carefully and thoroughly evaluate its investment objective, risks, charges and expenses. You can obtain a copy of the prospectus by calling our Mutual Fund Department at 800-872-0666 or contacting the mutual fund or ETF directly. Past performance does not guarantee future results.








 
 
 
  • 50
    Years delivering excellent customer service.
  • 1 on 1
    Work one-on-one with our Investment Advisors.
  • $11 Billion
    Worth of assets firm-wide.
  •  

Siebert (800) 872-0444

Electronic trading poses risk to investors due to system response, trade executions and account access availability that may vary due to a variety of factors, including trading volumes, market conditions, system performance, market data delays and other factors. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Rates, commissions and fees listed here are subject to change at any time. Testimonials may not be representative of the experience of other clients and are no
guarantee of future performance or success. 

Muriel Siebert & Co., Inc.

Member NYSE, FINRA and SIPC. Est. 1967. Nasdaq symbol SIEB.
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