Handler joined Jefferies in April 1990 as a salesman and trader and was appointed CEO on January 1, 2001, Chairman in 2002. During his time at Jefferies, between 1990 and 2012, shares compounded annually at 22%. In March 2013, Jefferies merged with Leucadia, and Handler became CEO of both companies. In April 2012, Handler and Chairman of the Jefferies Executive Committee Brian Friedman formed the Jefferies Global Senior Advisory Board, which now includes James D. Robinson III, Lord Hollick, Michael Goldstein, Bernard Bourigeaud, Dennis Archer, Sir David Reid, Gilles Pélisson, and G. Richard Wagoner. In August 2012, Handler played a lead role in saving Knight Capital Group after they suffered a $440 million loss due to a 'technology glitch.' Together with Brian Friedman, Handler structured and led the rescue, which included making Jefferies the largest shareholder with an investment of $125 million.
Richard Handler is also Chairman and CEO of the Handler Family Foundation and serves on the Advisory Council of the Stanford University School of Business. For the University of Rochester, Handler serves on the Board of Trustees, as Chairman of the Finance Committee, and as Co-Chairman of the university's Capital Campaign. Handler has donated $25 million for the Jane and Alan Handler Scholarship Fund (named for Handler's parents) for exceptional students from underprivileged backgrounds with the potential for future leadership.
Jefferies LLC is an American global investment bank and institutional securities firm headquartered in New York. The firm provides clients with capital markets and financial advisory services, institutional brokerage, securities research, and asset management. This includes mergers and acquisitions, restructuring, and other financial advisory services.