Disclaimer
The information, products and services on this web site are provided on an “AS IS,” “WHERE IS” and “WHERE AVAILABLE” basis. Hovde Group, LLC and Hovde Global Asset Management LLC (collectively, “Hovde”) does not warrant the information or services provided herein or your use of this web site generally, either expressly or impliedly, for any particular purpose and expressly disclaims any implied warranties, including but not limited to, warranties of title, non-infringement, merchantability or fitness for a particular purpose. Hovde will not be responsible for any loss or damage that could result from interception by third parties of any information or services made available to you via this web site. Although the information provided to you on this web site is obtained or compiled from sources we believe to be reliable, Hovde cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither Hovde nor any of its individual companies, affiliates, directors, officers or employees, nor any third party vendor, will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this web site, or resulting from the act or omission of any other party involved in making, updating, or maintaining this web site, the data contained herein or the products or services offered on this web site available to you, or from any other cause relating to your access to, inability to access, or use of the web site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of Hovde, or of any vendor providing software or services. In no event will Hovde, or any such parties be liable to you, whether in contract or tort, for any direct, special, indirect, consequential or incidental damages or any other damages of any kind even if Hovde, or any other such party has been advised of the possibility thereof. This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user’s equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnect problems (e.g., you cannot access your internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure. Hovde cannot and does not guarantee continuous, uninterrupted or secure access to the web site.
None of the information contained in this web site constitutes a recommendation, solicitation or offer by Hovde, or its affiliates, to buy or sell any securities, futures, options or other financial instruments of any person or provide any investment advice or service.
Proprietary Rights
All right, title and interest in this web site and any content contained herein is the exclusive property of Hovde, except as otherwise stated. Unless otherwise specified, this web site is for your personal and non-commercial use only and you may print, copy and download any information or portion of this web site for your personal use only. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, frame, create derivative works from, transfer, or otherwise use in any other way for commercial or public purposes in whole or in part any information, software, products or services obtained from this web site, except for the purposes expressly provided herein, without Hovde’s, prior written approval. If you copy or download any information or software from this web site, you agree that you will not remove or obscure any copyright or other notices or legends contained in any such information.
Hovde, and the respective logos and other trademarks and service marks of Hovde referenced herein are trademarks and service marks of Hovde, and their respective entities that comprise Hovde. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. You are prohibited from using any marks for any purpose including, but not limited to use as metatags on other pages or sites on the World Wide Web without the written permission of Hovde Group, LLC or such third party, which may own the marks.
Use of Links
This web site contains links to third party web sites. These links are provided only as a convenience. The inclusion of any link is not and does not imply an affiliation, sponsorship, endorsement, approval, investigation, verification or monitoring by Hovde of any information contained in any third party web site. In no event shall Hovde be responsible for the information contained on that site or your use of or inability to use such site. You should also be aware that the terms and conditions of such site and the site’s privacy policy may be different from those applicable to your use of this web site.
Regulatory Matters
Hovde Group, LLC is an investment banking and capital markets advisory firm that provides financial advisory and capital markets services. Hovde Group, LLC is a broker-dealer registered with the Securities and Exchange Commission and a member of FINRA (http://www.finra.org/) and SIPC. Hovde Global Asset Management LLC is a merchant banking firm.
The information and services provided on this web site are not provided to and may not be used by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or where Hovde, or their respective entities comprising such group are not authorized to provide such information or services.
This Website is provided for informational purposes only and is not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any foreign non-U.S. jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject that Hovde and/or its affiliates to any registration or licensing requirements with such jurisdiction.
Routing and Execution Disclosures Made Pursuant to SEC Rule 606
Rule 606 of SEC Regulation NMS requires broker-dealers receiving non-directed client orders to publicly disclose, on a quarterly basis, the top execution venues to which such orders are routed for execution. Non-directed orders are any order that the client has not specifically instructed to be routed to a particular venue for execution and that Hovde will select the execution venue on your behalf. The Rule 606 report is divided into four sections: one for securities listed on the New York Stock Exchange, one for securities listed on the NASDAQ Stock Market, one for securities listed on the American Stock Exchange or regional exchanges, and one for exchange-listed options. For each section, this report identifies the venues most often selected by Hovde, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of Hovde Group’s relationship with the identified execution venues. The 606 statistics for Hovde are available for public review by clicking links below.
SEC Rule 606 – Order Routing Disclosure Report for MPID: HOVD Since 1Q2020
SEC Rule 606 – Order Routing Disclosure Report for MPID: HOVD Prior to 1Q2020
FINRA Broker Check
FINRA BrokerCheck is a free tool to help investors and clients research the professional backgrounds of current and former FINRA-registered brokerage firms and brokers, as well as investment adviser firms and representatives. Through Broker Check, investors and clients can search for information about brokers and brokerage firms, and see information about a represenatives employment history, certifications, and licenses—as well as regulatory actions, violations or complaints you might want to know about. To search FINRA’s BrokerCheck site, visit: http://brokercheck.finra.org.
Business Continuity Disclosure Statement
Hovde Group has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our businesses. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us
If, after a significant business disruption, you cannot contact us as you usually do, you should call our office location numbers at 847-991-6622 (Inverness, IL office), 312-361-1810 (Chicago, IL office) 310-535-9200 (Beverly Hills, CA office), 512-478-7575 (Austin, TX office), or go to our web site at www.hovdegroup.com.
Our Business Continuity Plan
We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our Business Continuity Plan is designed to permit our firm to resume operations as quickly as possible, in light of the scope and severity of the significant business disruption. Every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption. Our Business Continuity Plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternative physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to personnel if we are unable to continue our business.
Varying Disruptions
Significant business disruptions can vary in their scope and degree depending on the nature of the affected firm activity, the buildings and/or business districts where our firm is located, the cities where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within the same business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and implement our business recovery plan and procedures and, generally, resume business by the next business day.
For more information
If you have questions about our business continuity planning, you can contact either Steven D. Hovde at 847-991-6622.