SAN FRANCISCO--(BUSINESS WIRE)--The Presidio Group, LLC today announced two senior executive hires for its auto and truck investment banking group. James (J.T.) Taylor joins the company as a managing director responsible for executing the group’s transactions as well as business development and client relationship management. Doug Stewart will be consulting as a senior analyst, bringing with him decades of accounting and financial management experience in the automotive retail sector.
“I am delighted to welcome J.T. and Doug to The Presidio Group,” said Brodie Cobb, executive chairman and head of the auto and truck investment banking practice. “Both of these executives are truly engrained in the fabric of the automotive retail industry having worked in some way, shape or form in every facet of that business. This experience has given them an unmatched understanding of the sector – from the very technical to its most human, people-driven elements – and our clients will benefit greatly from their counsel. Their ability to understand and anticipate the needs of our clients is a perfect complement to Presidio’s relationship-driven philosophy.”
“As one of the first investment banks to focus on transactions in the automotive retail sector, The Presidio Group’s reputation and network are unparalleled,” said Taylor. “The opportunity to join this group and work directly with Brodie as we continue to grow our franchise in this area was extremely compelling. I look forward to being an integral part of this future growth and working with clients to help them achieve their long-term financial objectives.”
Throughout his 30-year career in the automotive retail industry, Taylor has worked for manufacturers, distributors and retailers. Prior to joining The Presidio Group, Taylor was a managing member of Taylor Automotive Partners LLC. Prior to that, he served as vice president with Darrow Automotive Group where he negotiated and closed on numerous dealership transactions. Before that, Taylor led product planning for Toyota in North America and was also part of the Lexus launch team. Taylor earned his bachelor’s in economics from the University of Cincinnati.
Prior to joining The Presidio Group, Stewart was the west region chief financial officer for Group 1 Automotive, where he managed the financial and administrative support organization for all Group 1 California dealerships. Prior to Group 1, he was a vice president and chief financial officer for Miller Automotive, a private dealer group with franchises in southern California. Stewart began his career at Arthur Young & Co. and earned his bachelor’s in accounting from the University of Southern California.
About The Presidio Group LLC
The Presidio Group LLC is a personal and corporate financial services firm with approximately $4.2 billion in assets under management. Through its interconnected banking, private equity, and wealth advisory units, Presidio is uniquely capable of addressing the lifecycle challenges of wealth from its creation, through its retention and growth, to its transfer to successive generations. The firm’s principals have extensive experience running businesses, creating wealth of their own, and understanding and managing risk. Presidio and its subsidiaries currently serve clients throughout the United States, through its professionals in San Francisco and Dallas. Banking services are offered through The Presidio Group’s subsidiary, Presidio Merchant Partners LLC, a member of FINRA and SIPC.