Maxim Group LLC Expands Equity Research Department With the Appointment of a Senior Renewable Energy Analyst

NEW YORK, NY--(Marketwired - Apr 25, 2013) - Maxim Group LLC, a leading full service investment banking, securities and wealth management firm, today announced the appointment of Dan Ries as a Senior Renewable Energy Analyst.

Mr. Ries' appointment is part of an ongoing expansion of Maxim Group's Equity Research Division. "The addition of Dan, a well-respected analyst with a large institutional following, supports our growth initiatives in verticals where we have demonstrable expertise," said Anthony V. Vendetti, Executive Managing Director-Research at Maxim Group LLC.

Prior to joining Maxim Group, Mr. Ries served as a Managing Director with Collins Stewart for five years covering the renewable energy sector. He has been an equity research analyst since 1994, having followed the computer, ecommerce, semiconductor and mobile phone industries over that span. He was honored in the 2010 Wall Street Journal's "Best on the Street Survey" and Forbes "Best Brokerage Analysts" for his stock picking in the alternative energy sector. He has also contributed to several Barron's Magazine articles on the renewable energy sector over the past four years, and has been frequently quoted by Barrons.com and Bloomberg on issues surrounding the renewable energy industry. Mr. Ries holds a B.S. in Civil Engineering from Lafayette College and an M.B.A. from NYU's Stern School of Business.

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading, equity research and prime brokerage services. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.