RCS Capital Corporation Announces Agreement With JMP Securities To Distribute Securities Offerings

RCS Capital Corporation ("RCAP")

, Realty Capital Securities, LLC, a FINRA-member broker-dealer subsidiary of RCAP, and JMP Securities LLC ("JMP"), the investment banking and capital markets division of JMP Group Inc.

, announced today an agreement that provides the over 9,700 financial advisors at Cetera Financial Group, RCAP's retail advice platform, the opportunity to participate in initial public offerings ("IPOs") and other securities offerings underwritten by JMP. The agreement expands JMP's retail investor network to include RCAP's over two million retail brokerage customers through more than 9,700 financial advisors nationwide. "We are excited about this arrangement with JMP and the opportunity it provides to significantly expand RCAP's menu of investment offerings for our clients," said Michael Weil, RCAP's Chief Executive Officer. "This agreement marks an important step as we continue leveraging our scale to offer our clients a more diverse suite of investment solutions, including increased access to the IPO market and follow-on offerings, typically only available to larger institutional investors. We remain committed to growing RCAP's scope and depth of services by working with JMP to bring our clients compelling and differentiated securities offerings." Lawrence "Larry" Roth, Chief Executive Officer of Cetera Financial Group, commented, "Our relationship with JMP demonstrates our continuing commitment to capitalize on external opportunities in order to provide our retail investors with an excellent series of choices from among a diverse portfolio of investment solutions. We look forward to delivering previously inaccessible offerings to our customers and further strengthening RCAP's industry leading platform in the retail advisory space."