Sterne Agee Announces Strong Team of Managing Directors in Financial Institutions Group

James Murray, Jeffrey Jones, and Matthew Clark are the latest additions to Sterne Agee’s Financial Institutions team

BIRMINGHAM, Ala.--()--Sterne Agee, one of the oldest and largest privately owned financial services firms in the nation, announced the hire of five new managing directors in their Investment Banking Division. Alex Alden and Michael Marinaccio, both hired in 2013, are joined by Matthew Clark, James Murray, and Jeffrey Jones in Sterne Agee’s Investment Banking division.

James Murray joined Sterne Agee as an investment banker in the firm’s Financial Institutions Group. Mr. Murray brings extensive experience in advising banks, non-bank lenders, and other financial services companies, having participated in numerous public and private financings and strategic advisory engagements for publicly traded and privately held clients. Prior to joining Sterne Agee, Mr. Murray spent three years as a Managing Director with Freeman & Co., an investment banking firm that specializes exclusively in financial services. Prior to Freeman, Mr. Murray was a Managing Director and Group Head of Houlihan Lokey Howard & Zukin’s Financial Institutions Group, which he founded in 2004. Preceding his time at Houlihan Lokey, he was Group Head of North American Corporate Finance at Fox-Pitt Kelton, a global financial services investment bank with highly regarded coverage of banks and insurance companies. Mr. Murray began his investment banking career as a member of PaineWebber’s Financial Institutions Group in 1985 and ended his fifteen-year tenure at the firm as one of four Managing Directors in the Group. He holds a Bachelor of Science in Accounting and Finance from DePaul University and an MBA from UCLA Anderson School of Management.

Jeffrey D. Jones joined Sterne Agee as the Midwest Head of Depository Investment Banking. Based in the firm’s Chicago office, he is responsible for providing merger and acquisition, capital raising, and strategic planning advice for banks and thrifts. Mr. Jones has also advised on a number of non-bank financial services companies, including those in the asset management, derivatives and derivatives clearing, financial technology, and mortgage finance sectors. Mr. Jones has more than fifteen years of experience and has advised on more than $12 billion in completed transactions for banks, thrifts and other financial services companies. Prior to joining Sterne Agee, Mr. Jones spent eleven years in the Investment Banking Group at Sandler O’Neill & Partners, L.P. and three years in the Investment Banking Group at Lehman Brothers with a focus on financial institutions. Before joining Lehman Brothers, he was an Examiner with the Federal Reserve Bank of St. Louis. Mr. Jones holds a Bachelor of Science in Finance from Indiana University and an MBA from Kellogg School of Management at Northwestern University.

Matthew Clark joined Sterne Agee as a Managing Director in Equity Research focusing on community and regional banks on the West Coast, an industry that he has covered for much of his career. Mr. Clark held similar positions with Credit Suisse, Keefe, Bruyette and Woods, and Deutsche Bank Securities. He was also an associate at CIBC World Markets and a Senior Associate at Arthur Andersen LLP. Mr. Clark earned a Bachelor of Science in Finance from Lehigh University.

“We are excited about the experienced team we have built in our investment banking division,” said Eric Needleman, Chairman of Sterne Agee Group, Inc. and CEO of Sterne, Agee and Leach, Inc. “It further emphasizes Sterne Agee’s efforts to expand our capabilities and to attract top-level talent. The expertise that each of these gentlemen bring to their role is exactly what we need to capitalize on the opportunities ahead of us. Each addition brings with him a wealth of experience and an impressive track record in their sector. We look forward to many successes with them on board.”

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 $25 billion in client assets and employs more than 1,600 financial professionals. 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.

Contacts

Sterne Agee
Cindy K. Brown, 205-379-1444
cbrown@sterneagee.com

Release Summary

Sterne Agee Announces Strong Team of Managing Directors in Financial Institutions Group

Contacts

Sterne Agee
Cindy K. Brown, 205-379-1444
cbrown@sterneagee.com