Signal Hill has built a very successful ECM franchise and we are excited about them joining our team at Wunderlich,” said Mr. Wunderlich. “This group of professionals is a perfect fit for us. The research product is very complementary and the sales and trading team provide us critical mass and improved account coverage,” said, J. Jeffrey Fowlds, Head of Wunderlich’s Equity Capital Markets. “The objective of Wunderlich Securities’ Research product is to provide coverage in secular growth-oriented industries. We will now be covering about 230 companies in five industry verticals - Diversified Industrials (Environmental, Education Services), Energy, Financial Services, Technology, Media and Telecom (TMT), Healthcare, and Forensic Accounting,” said Michael E. Hoffman, Director of Research.
Baltimore-based Signal Hill, formed in 2002, has deep expertise in Information Technology, Education and Business Services and Healthcare Services. “Signal Hill has an outstanding reputation and we look forward to working with them to build a long-term relationship with its ongoing banking practice”, said Gary K. Wunderlich, Jr. Joining Wunderlich Securities are 16 professionals in sales, trading and research including William "Sandy" Harrison, Richard Baldry and Trace A. Urdan, covering Communications IC, Software as a Service, and Education Services respectively. We are pleased to join a group of professionals that shares our philosophy of providing a quality research product and specialized institutional sales and trading,” said Douglas M. Godine, former Head of Sales and Trading at Signal Hill.
Wunderlich Securities has experienced extraordinary growth over the past two fiscal years particularly in Equity Capital Markets. The ECM division founded in late 2008 will now boast 19 Senior Analysts covering about 230 companies in five industry verticals. The ECM sales force has grown to 19 senior salespersons and 10 traders/sales traders. In addition, the Wunderlich investment banking practice now has 12 senior bankers.
|
