NEW YORK--(BUSINESS WIRE)--Sterne Agee, one of the oldest and largest privately owned financial services firms in the country, today announced the hiring of Scott Studwell as senior managing director and head of equity capital markets origination and syndicate.
Studwell will be responsible for expanding Sterne Agee’s capital raising capabilities, with an initial focus on depositories and financial institutions. For the last eight years, he was with Keefe, Bruyette and Woods (KBW), most recently as managing director and head of U.S. capital markets. Prior to KBW, he served as vice president at Bear Stearns & Co.
“Scott brings tremendous experience to the firm and has demonstrated strong leadership skills,” said Ryan Medo, executive managing director of equity capital markets at Sterne Agee. “Hiring Scott was a strategic maneuver designed to raise our equity capital markets’ profile and take our firm to the next level.”
Studwell is the latest addition to several accomplished investment bankers Sterne Agee has hired. The company has more than doubled the number of senior investment bankers companywide and is continuing to experience significant growth in its equity capital markets business.
“I couldn’t be more excited to have joined the Sterne Agee team,” said Studwell. “The firm has built a tremendous reputation over the years by serving as a valuable partner to our clients. I am committed to helping Sterne Agee further expand its presence and capabilities in the equity capital markets business. Our team is comprised of very skilled professionals focused on delivering great service and building on past success. The timing couldn’t be better, from my vantage point.”
ABOUT STERNE AGEE
Founded in 1901, Birmingham, Alabama-based Sterne Agee is one of the oldest and largest privately owned financial services firms in the nation. The firm offers comprehensive financial services to a diverse client base, including corporations, municipalities and individual investors Through its family of wholly owned subsidiaries, Sterne Agee custodies over $23 billion in client assets, and employs more than 1,600 financial professionals in 70 offices across 20 states. Sterne Agee is the trade name used by certain affiliates of Sterne Agee Group, Inc., including Sterne, Agee & Leach, Inc., member of NYSE, FINRA and SIPC. For more information, visit www.sterneagee.com.