John Thomas Financial

John Thomas Financial (JTF) was a full-service independent brokerage firm founded in 2007 by Anastasios "Tommy" Belesis. Headquartered on Wall Street, the firm specialized in providing retail brokerage services, investment banking, and private placements, often focusing on high-risk penny stocks. The company grew rapidly but became notorious for its aggressive "boiler room" sales tactics and was the subject of numerous customer complaints and regulatory investigations, which ultimately led to its closure and the barring of its CEO from the industry.