Wunderlich Securities has announced the hiring of four more professionals from Morgan Keegan: three in its Equity Capital Markets division and one in the Private Client Group. Last week, Memphis-based Wunderlich announced that six other people were moving to its Equity Capital Markets business from Morgan Keegan, the Memphis firm recently acquired by Raymond James.
On the Equity Capital Markets side, these new hires are Senior Vice Presidents:
Tim Ballard, whose experience is in institutional equity sales, previously worked for J.C. Bradford and Goldman Sachs. At Morgan Keegan he was a Managing Director, focusing on institutional client relationships in the upper Midwest.
Brett Chiles, another equity capital markets veteran, also was a Managing Director at Morgan Keegan, where he was responsible for coverage of accounts in the New York area. Prior to that, he was a member of the firm's Equity Strategy Group.
Haywood Henderson had been with Morgan Keegan in institutional equity sales, focusing on international markets.
“We continue to develop our Equity Capital Markets business and are extremely pleased to have attracted these seasoned professionals,” said Gary K. Wunderlich, Jr., CEO of Wunderlich Securities. “We believe these new additions will immediately add to our efforts there.”
With these hires, the Equity Capital Markets division, founded in late 2008, today has 17 senior analysts covering approximately 210 companies in five industry verticals. The division’s sales force has grown to 23 senior salespersons, 9 traders/sales traders, and 18 senior investment bankers.
In addition, Jane Brokaw Lutz has joined Wunderlich’s Private Client Group office in Dallas as a Senior Vice President. She was a financial advisor with Morgan Keegan, focusing on the management of portfolios of high net worth individuals and their families. Both Murray (Pap) Roark, who heads that office, and Howard Sparkman, a financial advisor there, also came from Morgan Keegan. Wunderlich Securities opened its Private Client Group office in Dallas last year.