Celadon Financial Group, LLC, a boutique broker-dealer offering execution services, prime brokerage, wealth management, investment banking and related services to institutional and high net worth investors, announced today that Lance Baraker has joined the firm as Senior Vice President of Sales in the Prime Brokerage Services Group.
Mr. Baraker has extensive experience in the financial sector as a trader and business development executive within the hedge fund industry. Mr. Baraker began his career on the trading floor of the American Stock Exchange as a market maker in equity and index options for Timber Hill. After his floor trading career, Mr. Baraker was responsible for creating several boutique prime brokerage units. His accomplishments include co-heading TradeStation’s Prime Services, as well as Saratoga Prime Services and Shoreline Trading Group prime brokerage units.
Mr. Baraker will report to Frank Magnani, Managing Director of Prime Brokerage Sales based in the New York City branch according to Daryl Hersch, Managing Member and CEO of Celadon Financial Group. Mr. Baraker’s responsibilities are to further expand Celadon’s hedge fund and trading group client base utilizing our prime services, product offerings, and capital introduction program.
Mr. Baraker attended Lehigh University with a degree in Economics and continued his education at Fordham University receiving an MBA in International Business.