BNET Industries

Market Cap:$272.2M
Last Fiscal Year Sales:$127.4M
  • Public
  • US
Dow Jones Description

Provider of Financial Services Focused on International Securities & Commodities Markets

Number of Employees 195
Contact Information

220 E Central Pkwy Ste 2060

Altamonte Springs, Florida 32701

www.intlassets....

(407) 741-5300

NAICS Code Investment Banking and Securities Dealing: 523110

Recent Events

  • International Assets Holding Corporation Announces Date for 2009 Fiscal Fourth Quarter and Full Year Earnings...

    12/04/09 - Financial Announcement - View Story

  • International Assets, FCStone complete merger

    10/02/09 - Merger / Acquisition - View Story

  • International Assets signs agreement to merge with FCStone Group

    7/03/09 - Mgmt. Change Entering - Director - View Story

  • FCStone Group, International Assets agree to merge

    7/02/09 - Mgmt. Change Entering - CFO - View Story

  • UPDATE 3-Int'l Assets to buy FCStone for $130 mln in stock

    7/02/09 - Merger / Acquisition - View Story

  • BRIEF-FCStone to merge with International Assets subsidiary

    7/02/09 - Mgmt. Change Entering - President - View Story

  • Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Shareholders of FCStone...

    7/06/09 - Merger / Acquisition - View Story

News & Analysis

income and international assets holding corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Sean M. O'Connor CEO
Scott J. Branch President
Brian T. Sephton CFO & Treasurer
Nancey McMurtry Secretary & Vice President
Carmen Neckles Director, Precious Metals
Jonathan C. Hinz Controller
Barry Canham Head, Trading
Charles T Cassel
Jonathan Binder

Board of Directors

Name (plus bio) Position
Diego J. Veitia Chairman
John M. Fowler Board of Directors
John Radziwill Board of Directors
Justin R. Wheeler Board of Directors
Robert A. Miller Board of Directors

Mr. OConnor joined the Company as CEO in 2002. He was previously an Executive Director of Standard Bank London ("SBL"). Mr. OConnor was one of the founding executives of SBL, which is now a recognized player in the global emerging markets with a total staff numbering 1,300. As Chief Executive - Americas, Mr. OConnor had specific responsibility for building, from the ground up, a capital markets trading and originations business in Latin America which is now widely recognized in these markets. More recently, Mr. OConnor started an asset management business for Standard to leverage the expertise in EM debt. Mr. OConnor served as CEO and Chief Investment Officer and was responsible for setting investment strategy and overseeing day-to-day investment management of the funds. Over a period of two years more than $500mm was raised for the various products which had top quartile performance over this period.

Organization Position Status
International Assets Holding Corporation CEO Current
International Assets Holding Corporation Board of Directors Current

Mr. Branch joined the Company as President in 2002. He was previously with SBL for 8 years and served on the Executive Committee and Country Risk Committee. Mr. Branch was specifically responsible for establishing an emerging market trade finance origination and distribution business for Standard. During this period Mr. Branch established Standard as a leader in this market, active in over 40 EM countries. Mr. Branch was responsible for managing a total portfolio of over $400mm in emerging market trade finance and syndicated loan exposure. More recently, Mr. Branch was transferred to Turkey to establish an office for SBL and take management responsibility for the Eastern Mediterranean.

Organization Position Status
International Assets Holding Corporation President Current
International Assets Holding Corporation Board of Directors Current

Organization Position Status
International Assets Holding Corporation CFO & Treasurer Current
Standard Bank Jersey Limited Managing Director Former
Standard Bank Group Limited Former

Nancey M. McMurtry joined the Company in 1988 and currently serves as Vice President and Corporate Secretary for the Company, and Chief Compliance Officer of INTL Trading. Mrs. McMurtry previously served as Compliance Director of INTL Trading and Assistant Secretary of the Company.

Organization Position Status
International Assets Holding Corporation Secretary & Vice President Current

Organization Position Status
International Assets Holding Corporation Director, Precious Metals Current

Organization Position Status
International Assets Holding Corporation Controller Current

Organization Position Status
International Assets Holding Corporation Head, Trading Current

Mr. Cassel is responsible for the day-to-day management of the Firm's various funds. He selects all fixed income trades and implements all strategies, both debt and equity, within the confines of their varying portfolio constraints. Before co-founding INTL Consilium, Mr. Cassel was Head of Emerging Markets Portfolio Management at Standard Asset Management for four years. Prior to Standard, Mr. Cassel spent two years at Americas Trust Bank as an Emerging Market debt portfolio manager and before that he was the Chief Financial Officer for the US subsidiary of Banco Cafetero de Colombia, managing the bank's international treasury book. Earlier in his career, he was a Portfolio Manager of mortgage-backed securities at Bank Atlantic, a federally chartered savings bank. Mr. Cassel holds a B.A. in Economics from Washington & Lee University, and a M.A. in Accounting from Nova University. Additionally, he is a CFA charter holder and a member of the CFA Institute .

Organization Position Status
Intl Consilium, LLC Managing Director Current
International Assets Holding Corporation Current
CFA Institute Board of Directors Current
CFA Institute Member Current
Intl Consilium, LLC Co-Founder Current
Washington and Lee University B.A. In Economics Former

Organization Position Status
International Assets Holding Corporation Current

Mr. Veitia established INTL some 20 years ago and has remained focused on the international securities markets ever since. In 1988 he launched the Americas All Season Fund, the first global flexible fund, and became its Chief Investment Officer. Mr. Veitia is the author of two books on investing, "Global Trends" and "The Best 50 Investments for the 21st Century". Mr. Veitias expertise in global investing has brought him to lecture on foreign investing in over 21 countries and to make appearances on CNBC, CNN and Financial News Network. Mr. Veitia was the Chairman of the Rollins College Hamilton Holt School and is a Member of the President's Council of the American Graduate School of International Management.

Organization Position Status
International Assets Holding Corporation Chairman Current
CNN Worldwide Former

Mr. Fowler was elected as a director of the Company in March, 2005. From 1996 to 1998, Mr. Fowler was the Chief Financial Officer, Executive Vice President and Director of Moneygram Payment Systems, Inc. He also served as an Executive Vice President of the Travelers Group, Inc. (now Citigroup, Inc.) from 1986 to 1994. In the last five years, he has also served as a director of Air Express International Corp.

Organization Position Status
International Assets Holding Corporation Board of Directors Current
Citigroup Inc. Former

Mr. Radziwill was elected as a director of the Company in December 2002. Mr. Radziwill is currently a director of Lionheart Group, Inc., USA Micro Cap Value Co. Ltd, Goldcrown Group Limited, New York Holdings Limited, Acquisitor Plc and Acquisitor Holdings (Bermuda) Ltd. In the past five years, he has also served as a director of Interequity Capital Corporation, GP and Radix Organization Inc. Mr. Radziwill is a member of the Bar of England and Wales.

Organization Position Status
International Assets Holding Corporation Board of Directors Current

Array

Organization Position Status
Leucadia National Corporation Vice President Current
Conwed Plastics Chairman Current
AmeriCredit Corp. Board of Directors Current
Sangart, Inc. Board of Directors Current
International Assets Holding Corporation Board of Directors Current
Leucadia National Corporation President, Asset Mgmt Group Former
Leucadia National Corporation Executive of the Asset Management Group Former
Utah State University Bachelor of Science Former

Dr. Miller was elected as a director of the Company in February 1998. Dr. Miller served as President of Nazareth College in Rochester, New York from 1998 until his retirement in August 2005. He also served as a director of Bergmann Associates, LLC, a privately owned architectural and engineering firm based in Rochester, New York from September, 2000 until December 2004.

Organization Position Status
International Assets Holding Corporation Board of Directors Current

Executive News

  • Real Money: Finances "R" Us

    CoStar Group - 7/15/09 - View Story

  • FCStone will merge with International Assets Holding Corp.

    TradingMarkets - 7/04/09 - View Story

  • International Assets signs agreement to merge with FCStone Group

    TradingMarkets - 7/03/09 - View Story

  • UPDATE 3-Int'l Assets to buy FCStone for $130 mln in stock

    Forbes.com - 7/02/09 - View Story

  • UPDATE 3-Int'l Assets to buy FCStone for $130 mln in stock

    Reuters - 7/02/09 - View Story

  • UPDATE 2-Int'l Assets to buy FCStone for $130 mln in stock

    Forbes.com - 7/02/09 - View Story

  • UPDATE 1-Int'l Assets to buy FCStone for $130 mln in stock

    Forbes.com - 7/02/09 - View Story

  • International Assets Holding Corporation, FCStone Group, Inc. to Merge

    Street Insider - 7/02/09 - View Story

  • FCStone Group, International Assets agree to merge

    Kansas City Business Journal - 7/02/09 - View Story

  • INTL Commodities Renews $62 Million Syndicated Loan

    Reuters - 6/29/09 - View Story

  • VisaNet Raises $4.27 Billion in IPO

    The Wall Street Journal Interactive Edition - 6/29/09 - View Story

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     IAAC $15.69 -0.31 (-1.94% )
Average Volume 60,233
Shares Outstanding 9.11M
Market Cap 142.9M
Year High 19.97
Year Low 6.25
Earnings Per Share 1.58
P/E Ratio 9.93
Dividend N/A
Yield N/A
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