Over the past 25 years, Rafferty Holdings, LLC has become a diversified financial services company. We are headquartered in Garden City, NY with branch offices in New York City, Boston and Jupiter, FL. We service clients from across the country with a variety of products:

  • Hilton Capital Management, LLC is a Registered Investment Advisor focused on preservation of capital and creating yield for our clients. With a long history of solid performance, Hilton is an excellent manager with a conservative investment profile.

  • Rafferty Asset Management, LLC is the advisor to Direxion, a family of mutual funds and ETF's managing more than $12 Billion of assets. With more than 20 portfolios and a strong beta profile, Direxion provides access to a wide variety of sectors.

  • Rafferty Capital Markets, LLC is a registered broker-dealer with a long history of trading and brokerage in the fixed income and equity markets. RaffCap provides mutual fund distribution to a wide variety of domestic clients.

Lawrence Rafferty

Lawrence Rafferty
Founder/Chairman, Rafferty Holdings, LLC

Larry is founder and chairman of Rafferty Holdings, LLC. Larry remains an active member of the management team, focusing on recruiting efforts and business development. Larry is a graduate of Fairfield University.
P: 516.535.3823

Michael Rafferty

Michael Rafferty
CEO, Rafferty Holdings, LLC

Michael joined Rafferty in 1999 and is Chief Executive Officer of Rafferty Holdings. As CEO, Michael focuses on all business operations and strategic development. Prior to Rafferty, Michael was a Senior Fixed Income trader for Merrill Lynch. Michael is a graduate of Boston College.
P: 646.572.3406

  • 1987 Cohane Rafferty Securities is founded in White Plains, NY

  • 1987 Rafferty Capital Markets (broker/dealer) is founded in White Plains, NY

  • 1991 Rafferty Holdings forms joint venture to create Meenan, McDevitt & Co.

  • 1997 Potomac Funds is founded

  • 1998 Meenan, McDevitt & Co. sold to Société Générale

  • 1998 Rafferty Capital Markets establishes business line for Mutual Fund Distribution

  • 2001 Rafferty Capital Markets moves headquarters from White Plains, NY to Garden City, NY

  • 2001 Hilton Capital Management (RIA) founded

  • 2001 Lehman Bros. Holdings acquires Cohane Rafferty Securities (press release)

  • 2002 Rafferty Capital Markets launches fixed income inter-dealer brokerage unit

  • 2002 Potomac Funds surpasses $1 billion in AUM

  • 2004 Rafferty Capital Markets acquires JJ Kenny Drake

  • 2004 Rafferty Capital Markets launches Equity Sales & Trading platform

  • 2007 Potomac Funds re-branded as “Direxion Funds”

  • 2008 Keane Securities (equity market making) acquired by Rafferty Capital Markets

  • 2009 Direxion Funds launches “DirexionShares” ETF platform

  • 2009 Direxion surpasses $4 billion in AUM

  • 2011 Tradeweb Capital Markets acquires RaffCap fixed income brokerage business (press release)

  • 2011 Hilton Capital reaches 10-year milestone with $500+ million in AUM

  • 2011 Direxion surpasses $6 billion in AUM

  • 2013Direxion Hilton Tactical Income Fund launches

  • 2015Direxion surpasses $10 billion in AUM

  • 2016Direxion surpasses $12 billion in AUM

  • 2016Direxion Hilton Tactical Income Fund receives 5 Star Morningstar Rating

  • 2016Hilton Capital Management surpasses $1 billion in AUM

1010 Franklin Avenue
Suite 300A
Garden City, NY, 11530
P: 516.535.3800
F: 516.396.8499

Jupiter, FL
1061 East Indiantown Road
Suite 412
Jupiter, FL, 33477
P: 516-535-3800
F: 561-747-2865

New York, NY
1301 Avenue of the Americas
28th Floor
New York, NY, 10019
P: 646.572.3600
F: 646.572.3498

Boston, MA
225 Franklin Street
26th FL, Suite 2635
Boston, MA, 02110
P: 646.572.3550
F: 646.572.3669