Established in 2001, BMA Securities (BMA) is a recognized leader in financial services specializing in market-making and trade execution. BMA merges an accessible client service approach with modern technology to provide clients with the personalized service they deserve and the cutting edge technology required to keep up with today’s rapidly evolving and volatile financial markets. BMA’s clients include: hedge funds, family offices, broker dealers, venture capital firms, law firms, institutional money management firms, investment banks, and accredited investors.

BMA’s headquarters are located in Los Angeles, with a local office in Santa Ana. BMA is a member of the Financial Industry Regulatory Authority (FINRA), SIPC and MSRB.

What We Do

Why BMA?

Market Making and Trading

The Market Making and Trading business offers execution of Micro-cap and Small-Cap stocks, traditional brokerage, and other investment services. BMA is a proven leader in market making with multi-product expertise. We actively make markets across a broad range of asset classes providing two-sided liquidity on over two hundred market centers around the world. As market makers, we lower costs for both retail and institutional investors by supplying competitive bids and offers.

  • Competitive pricing
  • Equities, options, and bonds
  • Unparalleled execution and liquidation capabilities in OTC, NYSE, and Nasdaq markets
  • Customizable algorithmic trading capabilities
  • State of the art trading software
  • Direct access to trade desk
  • Traditional brokerage
Stock Certificate Clearing

Stock Certificate Clearing

BMA is recognized as an industry leader in stock certificate depositing and clearing. With over a decade of experience and multiple clearing arrangements, BMA makes stock certificate clearing a seamless process. We verify all transactions through our compliance team prior to approving and completing the deposit.

Process for Depositing and Clearing Stock Certificates:

  • Complete the Deposited Securities Questionnaire (DSRQ) Click Here to Download
  • Upon completion, please fax your completed form to (310) 544-6626 or email the form to
  • There is no fee associated with reviewing a prospective deposit on site
  • Upon completion of our review, BMA will contact you to complete the transaction

Click Here for more information and to download the required documents

or Call Us at 310-544-3545 to speak with a BMA Representative

The BMA Securities Team

BMA Group

About BMA

Why BMA?

Why BMA?
  • Deep industry relationships
  • Cutting edge technology
  • Quick execution
  • Diverse product offering
  • Knowledgeable team
  • Diverse offering through many evolving markets

Our Values: 4 C’s

We believe in a team environment.

Above all, we guide our clients on a responsible but efficient path through our internal compliance department.

Customer Service:
We pride ourselves in building and maintaining trust and respect, meeting our commitments, and providing exceptional one-on-one client service.

Community Impact:
We believe in being a responsible community contributor by supporting causes that make a direct impact in our local communities.

The Fundamentals

A cutting-edge technology platform, a rigorous analytical approach, and robust operating infrastructure combined with risk management and diversification strategies serve as the foundation of the firm’s continued success. We constantly adjust and improve strategies and systems to keep our edge in the dynamic and fast-paced trading and investment environment. Through the many relationships and networks we have built throughout the years, we can offer unique investment opportunities to our clients and partners.


  • Established in 2001
  • Expertise in Institutional Trading, Market Making, Order Execution, and Clearing Stock Certificates
  • Privately owned company
  • Headquartered in Los Angeles, CA with branch offices in New York and Arizona.
  • Member of the Financial Industry Regulatory Authority (FINRA), SIPC and MSRB.
  • 40+ Employees
  • 2014 Best of Rolling Hills Estates Awards – Stock Broker

Meet the Team

Burt Arnold

Burt Arnold


Mr. Arnold is a managing member and principal of BMA and is the founder and President of BMA Securities where he has continually acted as the firm’s President and general manager since July 2001. Mr. Arnold began his career in 1993 as a registered representative and has a vast background in the investment industry. Mr. Arnold has been instrumental in taking companies public on the New York Stock Exchange, American Stock Exchange, NASDAQ, and the Bulletin Board.

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Greg Averyt

Greg Ayert

Managing Director

Mr. Averyt is a Managing Director at BMA. In his current role, Mr. Averyt helps oversee the firm’s internal investment capabilities including investment strategy, trading, operations and execution. Since joining BMA in 2004, Mr. Averyt has been instrumental in the expansion and implementation of BMA’s offices and trade desks across the country.

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Dudley Muth

Due Diligence Review

Mr. Muth is responsible for the Due Diligence Review of BMA. MR. Muth has over thirty-five years of experience in the securities industry as Compliance Director, Counsel and senior officer of NYSE/NASD/FINRA securities firms. Mr Muth has served as Vice President/Counsel for Pacific Stock Exchange, President of AMEX listed REIT, WestPac Trust II and two private companies in the real estate syndication industry.

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Operations Specialist
Jeff Machnij

Operations Specialist
Keani Andaluz

Operations Specialist
Christean Burt

Operations Specialist
Dylan White

Registered Reps

David Farber

Robert (Bob) Hurd

Bill Leonard

Martin Noonan

Kevin Wagner

Compliance / Legal

Due Diligence Review
Dudley Muth

Cheif Compliance Officer
Joseph Vigliarolo


Chief Financial Officer
Joseph Vigliarolo

Junior Accountant
Jennifer Burkhard

BMA Advisors

Portfolio Manager
Glenn Andrews


Careers at BMA

We believe that the real value behind any company is its human capital, so we’re looking for talented professionals who share our passion and commitment to our company and clients.

We’re growing rapidly and adding new positions across our company, both in our Los Angeles headquarters and our other offices.

Our team prides itself on delivering results and being diligent, responsible and innovative. We’ve created a flexible work environment where ideas matter and individuals can flourish.

Apply today if you’re ready to grow – and ready to help us take BMA to the next level.

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