D.A. Davidson Hires Industry Veteran Dan Fiandaca to Lead Firm’s Brokered CD Underwriting Group

NEW YORK--(BUSINESS WIRE)--D.A. Davidson & Co. is pleased to announce that it has further strengthened its Fixed Income Capital Markets group with the addition of Dan Fiandaca, managing director, Brokered CD Underwriting.

Fiandaca joins Nathan Wiley and Chris Lenihan on D.A. Davidson’s existing CD underwriting desk and will lead the team from the firm’s New York City office. Brokered CD underwriting is one of several lines of business at the firm that service financial institution clients. The team complements D.A. Davidson’s leading expertise in mergers and acquisitions, strategic advisory, capital raising solutions for both public and private institutions, debt issuance, loan trading and wealth management.

“Dan’s depth of knowledge, deep relationships and outstanding reputation in the business provides an expanded level of leadership to our team and an additional level of experience to our CD underwriting desk,” said Nick Licciardi, managing director and head of Taxable Fixed Income at D.A. Davidson. “We are proud of our strong bank focused business and will continue to provide value-added services dedicated to the firm’s clients.”

“Liquidity has been a primary focus in the industry over the last several quarters. We understand our bank clients need this funding, and we are working hard to provide them with the highest level of service and execution possible,” said Fiandaca. “D.A. Davidson has a substantial existing CD underwriting business, and we have a significant opportunity to grow from this foundation.”

Fiandaca brings over 17 years of market experience with 13 years dedicated to developing underwriting and distribution relationships. He previously co-established the CD underwriting desk at Fidelity Capital Markets and has a proven track record in both growing and managing successful businesses with a focus on risk management and execution.

D.A. Davidson & Co.’s Fixed Income Capital Markets group is a national leader in raising capital through fixed income banking, distribution and depository strategy. With 35 locations in 20 states, the group is consistently ranked among the top firms in the country. The fixed income team serves new issue clients in public finance and taxable debt issuance and maintains a diverse sales and trading group interacting with taxable and tax-exempt investors including banks, credit unions, insurance companies, bond funds, money managers and trust companies.

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 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,620 employees and offices in 30 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.