DALLAS--(BUSINESS WIRE)--Hilltop Securities Inc. (HilltopSecurities) recently welcomed Michael L. Sorth to the firm’s Public Finance division as an investment banker, who will be joining Investment Banker Reagan Holliday and Regional Office Administrator Sharon Smith in the firm’s St. Louis, Missouri, office.
Sorth will provide municipal underwriting and advisory services to issuers in Missouri and throughout the Midwest, with a focus on economic development and commercial real estate public-private partnership transactions. He is the latest addition to HilltopSecurities’ growing public finance and fixed income capital markets presence in the region.
“We are pleased to welcome Michael to the firm,” said HilltopSecurities Vice Chairman and Head of Public Finance David Medanich. “Michael has an established history of serving issuers throughout the Midwest. He knows the particular economic challenges they face, and—more importantly—how to help them meet their financing needs.”
Sorth has more than 25 years of combined experience in investment banking, community development leadership, and building creative financing structures for economic development and real estate projects. Before joining HilltopSecurities, Sorth served as CEO of the Community Impact Network, where he led the organization’s community development strategies for nonprofit collaboration and low-income housing. Prior to his time in nonprofit leadership, he served as a public finance investment banker with Stifel and Piper Sandler.
“The economic consequences of COVID-19 have impacted many Midwestern communities and threatened to undo all the gains the region has made in the past decade,” said Sorth. “Now more than ever, these borrowers need to maintain access to the capital markets to continue growing. I’m excited to get back to banking and leverage HilltopSecurities' resources and reputation to help them do so."
Sorth is an alumni of Missouri State University and a graduate of the Leadership St. Louis program. He is an active community volunteer and was an honoree in the St. Louis Business Journal’s 40 Under 40 program.
Hilltop Securities Inc. delivers forthright advice and tailored solutions for municipal issuers, institutions, broker-dealers, and individuals. The full-service municipal investment bank and registered investment adviser is headquartered in Dallas, Texas, with offices across the United States. Areas of focus include public finance; municipal and taxable fixed income underwriting, sales, and trading; retail brokerage services; securities clearing; structured finance; and securities lending. A wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), HilltopSecurities’ affiliates include Hilltop Securities Independent Network Inc., PlainsCapital Bank, PrimeLending, and National Lloyds Corporation. Learn more at www.HilltopSecurities.com. Member: NYSE/FINRA/SIPC.