LITTLE ROCK, Ark.--(EON: Enhanced Online News)--Stephens Inc., the privately held, independent investment bank focused on middle market companies, announced today that it has expanded and enhanced its institutional equity capabilities with the addition of nine sales and trading professionals whose immediate past employer was Lazard Capital Markets.
“At Stephens, our long-term client relationships and commitment to integrity are the cornerstones of our culture; and as with all new hires, we are pleased that Michael and his team uphold these values.”
Michael Conte, 39, who is a 17 year veteran in serving institutional investors, will become the Head of Sales Trading for Stephens. He will be headquartered in Stephens’ New York office. Jimmy Law and Anthony Pignio will serve as Managing Directors and position traders. Other former Lazard sales traders joining Stephens as Managing Directors are Matt Delia, Bill Burchfield, and Marylou Panza. George Boudria and Michael Sheehan have been named Senior Vice President and Jeffrey Castellano will serve as Vice President.
“Michael and his highly-experienced team share a long and successful working relationship that is exceptionally advantageous to our firm as we further strengthen our equity sales and trading capabilities,” said Bob Staten, Executive Vice President of Stephens Equity Sales and Trading, “At Stephens, our long-term client relationships and commitment to integrity are the cornerstones of our culture; and as with all new hires, we are pleased that Michael and his team uphold these values.”
Over the past few years, Stephens has strategically grown their capital markets group by adding senior research professionals and investment bankers in key markets in the U.S. This group expands Stephens’ institutional sales and trading relationships.
“Stephens is an ideal fit for our team as it allows us to leverage our collective knowledge to deliver optimum client service and achieve key business objectives on behalf of the firm,” said Mr. Conte. “Stephens was diligent throughout the process and we are pleased to have found the perfect partner. We are excited to work for a well-capitalized, highly respected private company.”
About Stephens Inc.
Founded in 1933, Stephens Inc. serves a broad client base which includes corporations, state and local governments, financial institutions, institutional investors and individual investors throughout the United States and overseas. The firm is a member of the New York Stock Exchange and SIPC. Stephens’ services include investment banking, money management, wealth management, securities underwriting, equity research and general securities brokerage and trading. Today,
Stephens maintains 24 offices in strategic markets throughout the U.S. For more information, visit www.stephens.com.