About Us
A firm designed for the 21st century, we bring decades of market and client experience, delivering solutions that help clients succeed
About Egret Securities
Egret Securities is borne out of decades of client-focused financial services experience spanning a number of large and mid sized firms. Egret is led by a team of professionals who are passionate about delivering exceptional capabilities to only the smartest and most demanding clients. Free from the perverse incentive structures and product conflicts typical of many institutions, Egret seeks to be a trusted, long-term partner to clients for generations.
Why start Egret at this stage of your careers? “Choose a job you love and you’ll never have to work a day in your life” attributed to Confucius, sums it up best!
Check the firm and its financial professionals’ background on FINRA’s BrokerCheck .
Seth Michaels
CEO & Founder
Seth has over 30 years of financial services experience encompassing prime brokerage, clearing services, high net worth brokerage, secured financing, operations and information technology. He oversees Egret Securities’ management, compliance and operations.
Prior to founding Egret Securities, Seth built and operated highly profitable businesses serving hedge funds, registered investment advisors, family offices and professional traders at both AGP and Maxim Group. Seth has also held senior roles at leading financial services firms including Goldman Sachs, Lehman Brothers, Neuberger Berman, and Barclays.
Seth earned an MBA in Finance from Carnegie Mellon University and a Bachelor of Science in Economics from Union College. He is Series 7, 66, and 24 licensed.
Dmitriy Kovalev
Managing Director, client service
Dmitriy has over 25 years of client service and portfolio accounting experience. He is responsible for all client services at Egret Securities.
Prior to helping launch Egret Securities, Dmitriy held roles at AGP Prime, Maxim Group, Steinberg Asset Management, Barclays, Lehman Brothers, and Neuberger Berman.
Dmitriy is Series 7, 63, 24, 4, 52, 53 and 57 licensed.
Thomas Costello
MANAGING director – TRADING AND BUSINESS OPERATIONS
Tom has more than 15 years of experience encompassing equity trading, capital markets and operations. He assists with all aspects of Egret Securities’ trading and business operations.
Prior to joining Egret Securities, Tom was Director of Trading and Business Operations at AGP Prime. Before that, he was a Special Equity Trader at Morgan Stanley. Previously, he was a CMBS Broker at ICAP.
Tom earned a Bachelor of Science in Finance from Georgetown University. He is Series 7, 52, 55, 57 and 63 licensed.
David Miller
Managing Director – Head of Sunshine Prime
David has over 30 years of product and relationship experience in prime brokerage, clearing, equity finance, margin and operations. He is responsible for overseeing all activities in Sunshine Prime and financing for Egret Securities.
Prior to joining Egret Securities, David was Senior Managing Director at AGP Prime. Before that, he was Head of Prime Brokerage Services at Maxim Group. Previously, he held roles at Wells Fargo, Merlin Securities and Goldman Sachs.
David earned an MBA from the Fordham Gabelli School of Business and a Bachelor of Business Administration and Management from the University at Albany. He is Series 7, 9, 10, 24, 52, 57, 63 and 99 licensed.
Edward (E.J.) Pures
Managing Director, Execution Services
EJ has over 25 years of trading experience and is responsible for the operation of Egret Securities’ electronic, outsourced, and high-touch execution services.
Prior to helping launch Egret Securities, EJ was Managing Director, Prime Execution Services at AGP Prime. Before that, he worked at Maxim Group where he traded for prime and institutional clients. Previously, EJ held roles at Convergex, BTIG, and Susquehanna.
He earned a Bachelor of Business Administration in Accounting and Finance from Gettysburg College and is Series 7, 63, 24, 52 and 57 licensed.
“We are committed to building strong, lasting relationships with our clients. By understanding their unique goals and challenges, we deliver tailored solutions and reliable support. Through trust and collaboration, we empower our clients to grow confidently.”
SETH MICHAELS, CEO & FOUNDER
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