Northeast Securities, Inc.

Northeast Securities, Inc., founded in 1989, has grown from a single office retail brokerage into a multi-line financial services firm serving both institutional and individual clients from several strategic office locations. “Keeping our clients first is an expression often used on Wall Street – at Northeast it is what we live by and is the center of all we do” says Robert Bonelli, President and Chief Operating Officer.

Our flagship office is located at 100 Wall Street in the heart of New York City’s financial district. Operating from this location are divisions which specialize in Institutional Equity and Fixed Income Trading, Cash Management, Investment Banking and Asset Management.

The office houses an experienced staff of high net worth retail account managers, reporting to Northeast’s Vice Chairman, William Behrens, a 40 year veteran of Wall Street. “Our people are our greatest asset” says William Behrens, “they take the time to listen; to understand; and to thoughtfully execute for the benefit of their clients.” Bill also overseas the operation of our office in Southport, Connecticut. Staffed with several experienced account managers, this office provides brokerage services to both institutional and individual clients.	William P. Behrens Vice Chairman and Head of Brokerage Bbehrens@nesec.com
Operations, Compliance, Retail Trading, and various Administrative Divisions operate from the firm’s original location in Mitchel Field, New York. Additionally, this location houses another group of account managers who primarily serve retail customers. Chairman and founder, Steve Perrone working from the Mitchel Field office says, “Northeast has always been at the leading edge of technology to process our client’s business accurately and efficiently.” He adds, “the growth of our firm has been extraordinary and was achieved by always putting the interests of our clients first.”	Steve Perrone Chairman and Chief Executive Officer Steve@nesec.com
Robert Bonelli is located at our 100 Wall Street office and manages much of Northeast’s expanded business lines. “A major part of my job is to foster multi disciplinary cooperation among our divisions. Synergy among the various business lines is something that must be worked on every day. The result is a higher benefit for our clients. Institutional clients are particularly better served by our multi-disciplinary approach.”	Robert A. Bonelli President and Chief Operating Officer Bbonelli@nesec.com

     *SIPC AND EXCESS SIPC ACCOUNT PROTECTION THE ACCOUNTS OF ALL BEAR STEARNS SECURITIES CORP. (BSSC) GLOBAL CLEARING SERVICES CUSTOMERS CARRIED ON THE BOOKS AND RECORDS OF BSSC ARE PROTECTED UP TO THE AMOUNT OF TOTAL NET EQUITY REPRESENTING A LOSS OF SECURITIES AND/OR CASH IN THE UNLIKELY EVENT OF BSSC'S INSOLVENCY. THIS PROTECTION IS PROVIDED BY THE SECURITIES INVESTOR PROTECTION CORP. (SIPC) FOR AMOUNTS UP TO $500,000 PER COVERED ACCOUNT OF WHICH $100,000 MAY BE IN CASH. IN EXCESS SECURITIES BOND ISSUED BY THE CUSTOMER ASSET PROTECTION COMPANY("CAPCO") PROVIDES PROTECTION UP TO THE AMOUNT OF THE COVERED ACCOUNTS'S NET EQUITY REPRESENTING A LOSS OF SECURITIES AND/OR CASH, IN EXCESS OF THE UNDERLYING PRIMARY SIPC PROTECTION. Excess SIPC Account Protection Policy

SIPC coverage is limited to $100,000 for cash claims and does not protect against market loss. Accounts carried on the books and records of BSSC are protected up to the amount of total net equity.