Stephen Paul Vermut
Chairman at Prosper Funding LLC
Profile
Stephen Paul Vermut was the founder of Montgomery Securities, Inc. (founded in 1995) where he served as the Chief Executive Officer from 1995 to 1996.
He was also the founder of Merlin Securities LLC (founded in 2004) where he was the Managing Partner from 2010 to 2011.
Currently, Mr. Vermut is the Executive Chairman at Prosper Funding LLC since 2013.
In the past, he held positions at Banc of America Securities from 1997 to 2003, serving as the President & Chief Executive Officer.
He was also the Chief Executive Officer & Director at Prosper Marketplace, Inc. from 2013 to 2014.
Prior to that, he worked at Furman Selz LLC from 1984 to 1995 as a Partner & Managing Director.
He also had a role at Wells Fargo & Co. as MD & Co-Head-Wells Fargo Prime Services.
Additionally, he worked at L.F.
Rothschild & Co., Inc. as a Vice President.
Mr. Vermut obtained his undergraduate degree from Babson College in 1967.
Stephen Paul Vermut active positions
| Companies | Position | Start |
|---|---|---|
Prosper Funding LLC
 Prosper Funding LLC Finance/Rental/LeasingFinance Prosper Funding LLC operates as a development stage company that operates a peer-to-peer lending platform. Its platform is an online marketplace that matches individuals who wish to obtain consumer loans with those who are willing to help fund those loans. The company was founded in February 2012 and is headquartered in San Francisco, CA. | Chairman | 2014-03-12 |
Former positions of Stephen Paul Vermut
| Companies | Position | End |
|---|---|---|
Merlin Securities LLC
 Merlin Securities LLC Investment Banks/BrokersFinance Founded in 2004 by Stephan Vermut, Aaron Vermut and Charles Brama, Merlin Securities LLC is a broker/dealer located in San Francisco. The firm is a subsidiary of Wells Fargo Securities LLC and their ultimate parent is Wells Fargo & Co. (NYSE: WFC). The firm provides advanced reporting, analytics, trading and operational services to over 400 hedge funds and managed account platforms. Merlin Securities is an introducing broker to J.P. Morgan Clearing Corp., Goldman Sachs Execution and Clearing (GSEC) and National Bank of Canada (NBCN) and is fully integrated with Northern Trust | Founder | 2012-12-31 |
| Banc of America Securities /Prime Brokerage Business/ | Chief Executive Officer | 2003-02-28 |
| Montgomery Securities, Inc. | Corporate Officer/Principal | 1997-07-31 |
| Furman Selz LLC | Corporate Officer/Principal | - |
L.F. Rothschild & Co., Inc.
 L.F. Rothschild & Co., Inc. Investment Banks/BrokersFinance Part of Rothschild & Co. The company is based in New York, NY. Continuation Holdings AG, L.F. Rothschild & Co., Inc. is a company that provides banking services. | Corporate Officer/Principal | - |
Training of Stephen Paul Vermut
| Babson College | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| WELLS FARGO & COMPANY | Finance |
| Private companies | 7 |
|---|---|
Merlin Securities LLC
Merlin Securities LLC Investment Banks/BrokersFinance Founded in 2004 by Stephan Vermut, Aaron Vermut and Charles Brama, Merlin Securities LLC is a broker/dealer located in San Francisco. The firm is a subsidiary of Wells Fargo Securities LLC and their ultimate parent is Wells Fargo & Co. (NYSE: WFC). The firm provides advanced reporting, analytics, trading and operational services to over 400 hedge funds and managed account platforms. Merlin Securities is an introducing broker to J.P. Morgan Clearing Corp., Goldman Sachs Execution and Clearing (GSEC) and National Bank of Canada (NBCN) and is fully integrated with Northern Trust | Finance |
| Furman Selz LLC | Finance |
| Montgomery Securities, Inc. | Finance |
| Banc of America Securities /Prime Brokerage Business/ | Finance |
Prosper Marketplace, Inc.
 Prosper Marketplace, Inc. Finance/Rental/LeasingFinance Prosper Marketplace, Inc. operates as a holding company with interest in operating a peer-to-peer online credit platform. The firm through its subsidiary Proper Funding operates an online marketplace that permits the lender members to bid on loan listings and purchases. It handles the funding and servicing of the loan on behalf of the matched borrowers and investors. The company was founded by Christian A. Larsen and John B. Witchel on March 22, 2005 and is headquartered in San Francisco, CA. | Finance |
Prosper Funding LLC
Prosper Funding LLC Finance/Rental/LeasingFinance Prosper Funding LLC operates as a development stage company that operates a peer-to-peer lending platform. Its platform is an online marketplace that matches individuals who wish to obtain consumer loans with those who are willing to help fund those loans. The company was founded in February 2012 and is headquartered in San Francisco, CA. | Finance |
L.F. Rothschild & Co., Inc.
L.F. Rothschild & Co., Inc. Investment Banks/BrokersFinance Part of Rothschild & Co. The company is based in New York, NY. Continuation Holdings AG, L.F. Rothschild & Co., Inc. is a company that provides banking services. | Finance |
- Stock Market
- Insiders
- Stephen Paul Vermut
