Richard Handler on financial system
From Miami is an active part of the financial world now, says Jefferies CEO Rich Handler · · CNBC Television
“I think the consistency of people staying here is going to be maintained. Clearly, it's an active part of the financial system at this point in time — it's become a major hub and a major part of transactions, communication and conferences.”
On , Richard Handler, Chief Executive Officer & Director at JEFFERIES FINANCIAL GRP INC, spoke about financial system during Miami is an active part of the financial world now, says Jefferies CEO Rich Handler on CNBC Television.
About Richard Handler
Richard Handler, CEO of Jefferies, has been active in discussing Miami's growing role in finance. In a December 2024 interview, Handler stated that he had spent eight days in Miami meeting with 140 clients, including private equity and hedge fund executives. He described Miami as "an active part of the financial system at this point in time" and "a major hub" for transactions and conferences, adding that the consistency of people staying in the area is likely to be maintained. Handler has also spoken about his management philosophy and the importance of avoiding risk. At a 2023 conference, he said that "rule number one has to be do not blow up your company," attributing Jefferies' survival and growth to that principle. He has emphasized the value of mentorship and family, noting in a 2022 interview that he runs a scholarship program for disadvantaged students and that his family is his top priority. In 2014, Handler participated in the ALS Ice Bucket Challenge, jumping into an ice bucket and nominating four individuals, including Tilman Fertitta and Pitbull.