Broadpoint.Gleacher Names Michael Voelker Head of Investment Grade Group

Broadpoint Capital, Inc. a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG), today announced that Michael Voelker will head the Investment Grade group in its Debt Capital Markets Division. The group will include the Division’s investment grade, hybrid and preferred securities efforts.

Mr. Voelker, who joined Broadpoint.Gleacher in July of 2009, brings over 20 years of experience in sales, trading and management. Since joining the firm, Mr. Voelker has led the Preferred/Hybrids group in the Debt Capital Markets Division. Prior to joining Broadpoint.Gleacher, Mr. Voelker was Co-Head of the investment grade credit division of Bank of America. Prior to Bank of America, he was Managing Director and Head of Credit at HSBC. Mr. Voelker also spent 14 years at Lehman Brothers, where he was Managing Director in the preferreds/hybrids division. Mr. Voelker received a BS degree from Fordham University and an MBA degree from The University of Chicago.

Joseph Mannello, Executive Managing Director and Head of Broadpoint.Gleacher’s Debt Capital Markets division, said, “We are pleased to have Michael take on this leadership role. His experience and reputation with both clients and colleagues will help us strengthen and grow this division.”

About Broadpoint.Gleacher

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com.

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