D.A. Davidson Research Deepens Research Expertise With Hiring of Michael Baker to Cover Consumer Hardlines Sector

Firm continues growing research team with focus on significant industries

BOSTON--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that the firm has continued expanding its institutional research team with the addition of experienced analyst Michael Baker. Baker will provide coverage of the consumer hardlines sector, including retailers and warehouse clubs selling consumer electronics, grocery, home goods, auto parts and sporting goods.

“Michael provides detailed, value-added perspective for our clients based on his exceptional understanding of this dynamic sector and its trends,” said Gil Luria, Head of Institutional Research. “He is a respected voice with a clear passion for research and a strong track record, and an important addition as we continuing deepening our firm’s expertise and commitment to the sectors that matter most to our clients.”

Baker joins an award-winning institutional research team with 20 senior analysts who provide coverage of more than 400 publicly traded companies across five core industry verticals. He was previously with Deutsche Bank Securities, where he was a member of a No. 1-ranked global research team and led coverage of a variety of consumer areas. Baker also has prior experience with Alex. Brown & Sons and in the retail sector. He holds an MBA from The Wharton Business School at the University of Pennsylvania and a bachelor’s degree in economics from Tufts University.

D.A. Davidson’s Equity Capital Markets group provides capital markets services and products that include investment banking, institutional sales, trading, research and corporate services. The firm’s industry-driven research team is supported by a dedicated group of sales and trading professionals.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,400 employees and offices in 26 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

For information, visit dadavidson.com.