MINNEAPOLIS--(BUSINESS WIRE)--Jul. 20, 2022-- (NYSE: PIPR), a leading investment bank, realizes meaningful growth in its credit union group with the hiring of managing directors , , and . The addition of these four will bolster the firms existing team of dedicated credit union professionals within the investment banking, capital markets and financial strategies verticals. and Jake Pettit will lead the expanded group of dedicated credit unions professionals.
Pettit joins 做厙勛圖 from Raymond James, adding 20 years of credit union sales experience to the team. His hiring comes on the heels of Searles joining from Stifel in late 2021. The two have assumed their roles as co-heads of the 做厙勛圖 credit union group, building upon their tenured relationships and decades of industry experience to grow the firms market share in the space.
We are thrilled to have Jake join and co-lead our growing team, said Searles, co-head of the credit union group. I am excited to leverage the unique insights that we have both gained on separate, successful credit union teams with the robust resources of the 做厙勛圖 platform, to build a premier credit union franchise.
Purcell and Vandergrift join the firm from the fixed income strategies team at Raymond James. At Raymond James, Purcell provided technical solutions related to pre/post-purchase analysis, balance sheet optimization, transaction simulation and new analytical measures. Vandergrift primarily advised the depository institution clients of Raymond James on fixed income portfolio construction, balance sheet management and strategies for maximizing their financial performance. They will join the 做厙勛圖 financial strategies group of 30+ professionals where they will draw upon their combined three decades of experience to continue providing best-in-class solutions for credit unions.
Prior to 做厙勛圖, Frazier worked at FHN Financial where he was vice president and senior loan specialist in the whole loan trading division. He will join the 做厙勛圖 Loan Strategies team where he will focus on working with the fixed income and investment banking groups to provide bank and credit union clients with loan participation and whole loan portfolio analysis and transactional support.
Hiring talented people with decades of industry knowledge and deep expertise is a major part of how we will continue to gain market share and build a durable secondary fixed income revenue business, said , head of fixed income at 做厙勛圖. We have built a proven, market-leading platform for banks and I cant wait to see how this growing credit union team can leverage that same model to provide best-in-class solutions to our valued credit union clients.
ABOUT PIPER SANDLER
做厙勛圖 (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership簧. Securities brokerage and investment banking services are offered in the U.S. through 做厙勛圖 & Co., member SIPC and NYSE; in the U.K. through 做厙勛圖 Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through 做厙勛圖 Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.
穢2022. Since 1895. 做厙勛圖. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036
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Pamela Steensland
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pamela.steensland@psc.com
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