COVID-19 Pandemic - Continued Expansion

The Firm expands its presence at the NYSE, acquiring strategic floor operations.

The second generation, Andrew Ferretti becomes the youngest floor broker at the NYSE servicing some of the largest hedge funds and institutional money managers in the world.

Phyllis Arena Woods is appointed to the trading floor Board of Governors and the only woman to hold this position at the time.

Phyllis Arena Woods becomes a NYSE floor broker alongside Stephen Ferretti

FINRA approves the ownership change of Ferretti Group, Inc.

Stephen M. Ferretti, Inc. changes its name to Ferretti Group, Inc.  Stephen Ferretti grants a majority stake to Phyllis Arena Woods and appoints her as CEO, thus creating the largest woman-owned broker-dealer on the trading floor.

Phyllis Arena Woods become the FINRA-approved Chief Compliance Officer.

NYSE and NASD merger complete.  SEC creates FINRA to ensure regulation of brokerage firms.

Amidst the volatility of the financial crisis, as well as, the collapse of Bear Stearns and Lehman Brothers, Ferretti Group, Inc. became a place of safety and trust for its institutional clients.

Phyllis Arena Woods becomes the NYSE and NASD-approved Chief Compliance Officer of Stephen M. Ferretti, Inc.

Ferretti Group Inc adds new NASD Member Organization department in order to expand our presence in the over the counter market.

The destruction of the World Trade Center and nearby infrastructure seriously harmed the economy of New York City and had a significant effect on global markets.

Excessive speculation of Internet-related companies in the late 1990s, a period of massive growth in the use and adoption of the Internet.

Stephen Ferretti commences membership of NYSE as broker-dealer Stephen M. Ferretti, Inc.

The firm consisted of 2 partners only, Stephen Ferretti and Phyllis Arena Woods.