What Great Pacific Securities does

Great Pacific Securities (GPS), founded in 1990 and headquartered in Costa Mesa, California, is a privately held, 100% Hispanic-owned institutional broker-dealer and investment bank registered with FINRA, SIPC, and MSRB. The firm operates a fully integrated platform spanning origination, sales, trading, and execution across fixed income, equities, and structured products, with additional offices in Roslyn Heights, New York (opened 2017) and Chicago. Its product portfolio includes Debt Capital Markets (DCM) advisory and underwriting, Public Finance and municipal underwriting, Agency underwriting (direct seats with Freddie Mac, Fannie Mae, Farmer Mac, FHLB, and Ginnie Mae), CD underwriting, Fixed Income Sales & Trading, Equity and Corporate Share Repurchase Execution, Options Execution, and proprietary Economic Research.

GPS serves four primary client segments: institutional investors, corporate issuers, public-sector/government entities, and government-sponsored enterprises. The firm earns revenue through transaction-based fees — underwriting fees on debt and equity offerings, bid-ask spreads and trading commissions across municipal, corporate, and Agency fixed income, equity execution commissions, options commissions, and DCM advisory and structuring fees. Pricing is negotiated based on transaction size, complexity, and client relationship rather than published rates. GPS has participated as lead or co-manager on over $300 billion in corporate and municipal underwritings and trades over $230 billion in securities annually, with cumulative volume exceeding $1.5 trillion.

The firm's competitive positioning rests on three pillars: (1) a certified Minority Business Enterprise (MBE) status with 100% Hispanic ownership that helps institutional clients satisfy diversity allocation mandates, (2) hard-to-replicate direct underwriting relationships with all major U.S. GSEs earned over two decades, and (3) a senior team drawn from bulge-bracket institutions (Mizuho, Goldman, JPMorgan, Lehman Brothers, RBC, HSBC, Credit Suisse). Technology infrastructure is institutional-grade — smart order routing, FIX protocol connectivity, algorithmic trading suites (VWAP, MOC, implementation shortfall), dark pool access, and proprietary credit spread research — though the firm does not disclose AI/ML capabilities. Clearing is provided via a fully disclosed agreement with Pershing (Bank of New York Mellon).

Name

Great Pacific Securities

Legal name

Great Pacific Securities

Website

https://greatpac.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Great Pacific Securities is a 100% Hispanic-owned, MBE-certified institutional broker-dealer and investment bank (founded 1990) providing underwriting, fixed income and equity trading, DCM advisory, and execution services to institutional, corporate, public-sector, and GSE clients across the United States.

Ownership category

akta.pro rank

Product category

Investment Banking and Brokerage Services

NAICS

Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Asset-Backed Securities (6189)

akta.pro primary industry

Supranational, Sub-Sovereign & Agency (SSA) Bonds (FSACABAD)

akta.pro secondary industry

Investment-Grade Corporate Credit (FSAAAHAB)

Keywords

• Institutional brokerage
• Investment banking
• Fixed income trading
• Debt capital markets
• Municipal underwriting

Headquarters

HQ city

Costa Mesa

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Underwriting Fees: GPS acts as underwriter, placement agent, and distributor for various securities products. The firm earns underwriting fees from acting as senior manager, co-manager, or sole underwriter in debt and equity offerings.
2. Fixed Income Trading: GPS provides institutional sales and trading across municipal, corporate, Agency, and other high-quality fixed income products. Revenue generated from bid-ask spreads and trading commissions.
3. Equity Execution Services: The firm provides agency-based equity execution services for institutional clients and supports corporate share repurchase programs. Commission-based revenue from executed trades.
4. Options Execution: GPS supports listed options execution across U.S. markets for approved accounts. Revenue from options trading commissions.
5. Advisory and Structuring Fees: The DCM team advises on transaction design, timing, marketing, investor distribution, and post-sale analysis for debt capital markets transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Great Pacific Securities is a registered broker-dealer and investment bank that provides institutional clients with a fully integrated capital markets platform covering debt and equity underwriting, fixed income and equity sales and trading, options execution, corporate share repurchase execution, public finance advisory, and proprietary economic research. The firm earns transaction-based revenue from underwriting fees, bid-ask spreads, and trading commissions across corporate, municipal, agency, and structured fixed income securities.

Product overview

Great Pacific Securities (GPS) is a full-service, 100% Hispanic-owned institutional broker-dealer and investment bank offering a unified platform of capital markets, underwriting, execution, and trading services. The product portfolio spans Debt Capital Markets (DCM), Public Finance & Underwriting, Agency Underwriting, CD Underwriting, Fixed Income Sales & Trading, Equity & Corporate Share Repurchase Execution, Options Execution, and Economic Research. GPS maintains a fully integrated platform encompassing origination, sales, trading, and execution across debt, equity, and structured products for institutional, corporate, and public-sector clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Debt Capital Markets (DCM) Advisory and execution service that partners with corporate, utility, and financial issuers to structure and distribute debt offerings across a range of maturities and formats, advising on transaction design, timing, marketing, investor distribution, and post-sale analysis.
• Public Finance & Underwriting Senior manager and co-manager municipal bond underwriting services for state and local governments, education issuers, and other public-sector entities, including assistance with structure, pricing, marketing, closing, and transparent market access.
• Agency Underwriting Underwrites and distributes agency debt and other high-quality securities on behalf of government-sponsored enterprises (Freddie Mac, Fannie Mae, Farmer Mac, FHLB, Ginnie Mae) and other eligible issuers, including coordination of offering documentation, pricing guidance, and distribution through an established institutional network.
• CD Underwriting Underwrites and distributes brokered certificates of deposit (CDs) for depository institutions seeking diversified funding sources, including assistance with terms and structure, coordination of offering documentation, and distribution through an institutional network.
• Fixed Income Sales & Trading Institutional sales and trading desk providing municipal, corporate, agency, and other high-quality fixed income products, focused on liquidity, price discovery, and order execution in accordance with client instructions, risk parameters, and regulatory obligations.
• Equity & Corporate Share Repurchase Execution Agency-based equity execution services for institutional clients and eligible investors and support for executing open-market corporate share repurchase programs, conducted pursuant to client-directed instructions, applicable regulations, and firm policies.
• Options Execution Supports listed options execution across U.S. markets for approved accounts, with block option execution and a high-touch options desk to lessen market impact for large orders. Transactions are conducted pursuant to client-directed strategies and are subject to suitability, risk disclosure, and compliance standards.
• Equity Underwriting Equity underwriting capabilities covering both primary and secondary market issuance, with a track record on co-managed offerings such as the U.S. Treasury's disposition of Citigroup common stock and the AIG stock offering, including participation in the Corebridge Financial IPO.
• Fixed Income Underwriting Fixed income underwriting for direct underwriters and GSEs (Freddie Mac, Farmer Mac, Fannie Mae, FHLB), mortgage-backed securities through the Ginnie Mae Multiclass Securities program, municipal debt, and corporate debt offerings.
• Economic Research Proprietary economic research including weekly snapshots of economic announcements from around the globe, third-party macroeconomic research from Laffer Associates, monthly Credit Spread Analysis Book with snapshots of corporate debt and agency spreads, and proprietary pairs trading research.

Quantifiable outcome

• Over $300 billion in corporate and municipal underwritings participated in as Lead Underwriter or Co-Manager
• +2 more outcomes

Named customers29 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• Freddie MaccoreStrategic or Co-development PartnerGPS is an approved direct underwriter for Freddie Mac and has been sole underwriter for multiple medium term note issuances totaling hundreds of millions of dollars. GPS has access to Freddie Mac's reference note pool.
• Ginnie Mae (Government National Mortgage Association)coreStrategic or Co-development PartnerGPS was selected as Co-Sponsor in the Ginnie Mae Multiclass Securities program in 2012. Through this program GPS can structure CMOs to meet specific client needs and access Ginnie Mae REMICs and mortgage backed securities.
• Farmer Mac (Federal Agricultural Mortgage Corporation)coreStrategic or Co-development PartnerGPS was selected as Core Dealer for Farmer Mac in 2011, gaining access to Farmer Mac's discount notes, medium term notes, and global issues. Farmer Mac provides liquidity for America's farmers, ranchers, and rural communities.
• Fannie MaecoreStrategic or Co-development PartnerGPS became ACCESS Program member in 2013, gaining access to Fannie Mae's discount notes, medium-term notes, global issues, and mortgage backed securities. Fannie Mae supports liquidity in the secondary mortgage market.
• Federal Home Loan Bank (FHLB)coreStrategic or Co-development PartnerGPS is an approved underwriter for Federal Home Loan Bank since 2005 and is a member of the Global Group for FHLB. GPS has been sole underwriter for multiple FHLB medium term note issuances.
• Pershing (Bank of New York Mellon)coreTechnology or IntegrationGPS has a fully disclosed clearing agreement with Pershing, Bank of New York Mellon for clearing domestic transactions. This provides back-office infrastructure and regulatory clearing services.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/greatpacsecurities
• LinkedInlinkedin.com/company/great-pacific-securities

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Great Pacific Securities