W.J. Bradley Mortgage Capital LLC has announced the acquisition of W.J. Bradley Investment Banking/Capital Markets, a FINRA-approved, SEC-registered broker-dealer. As a wholly owned subsidiary, the company’s new broker-dealer will operate under the name W.J. Bradley Financial Services LLC.
“Through WJBFS, we add new levels of efficiency to our mortgage operation and best position the firm to take advantage of coming opportunities in the market," said William J. Bradley, founder and CEO of W.J. Bradley. "As the mortgage landscape and capital markets climate continue to evolve, we must remain agile. From a competitive perspective, a dedicated broker-dealer gives us a material strategic advantage.”
W.J. Bradley also announced that it has appointed industry veteran Kent Usell as president of WJBFS. Usell most recently served as managing director of Banc of Manhattan Capital. Earlier in his career, Usell served as senior vice president of ARM trading for Countrywide Securities Corporation.