Rafferty Capital Markets
Over its 30+ years in business, RCM distinguished itself by exemplifying the utmost in integrity, professionalism, and customer service.

Throughout its tenure, RCM built exceptional businesses in Fixed Income Brokerage, Equity Sales and Trading, Market Making, and Mutual Fund Distribution.
Renowned for its high-touch service, RCM built its practice around attracting and retaining talented professionals who embodied our core values of proficiency and respect and fostered an unparalleled culture of accountability and camaraderie.
In 2011 Rafferty Capital’s Fixed Income division was acquired by Tradeweb (see below). And after another strategic divestiture in 2021, we decided to focus on other initiatives. As a result, the RCM broker/dealer ceased operations in 2022.
Rafferty Capital Markets
Milestones
1987
Rafferty Capital Markets (RCM) broker dealer is founded.
1998
Mutual fund distribution division is established.
2002
Fixed income inter-dealer brokerage division is launched.
2004
RCM acquires municipal bond broker JJ Kenny Drake. Equity sales and trading division is launched.
2008
RCM acquires Keane Securities, an equity market maker.
2011
Tradeweb Capital Markets acquires RCM’s fixed-income brokerage business.
2021
RCM sells its mutual fund distribution unit to Alaric.