D.A. Davidson & Co. Appoints Garik Shmois as Managing Director in Equity Research

CLEVELAND--(BUSINESS WIRE)--D.A. Davidson & Co. today announced the appointment of Garik Shmois as Managing Director within its Equity Research group. In this role, Shmois will lead coverage of the construction materials and building products sectors, continuing to strengthen the firm’s reputation for delivering high-quality, data-driven insights to institutional clients.

Shmois brings more than 20 years of experience in equity research, financial modeling, and market analysis. He has been recognized multiple times by StarMine Financial Times as the #1 earnings estimator and #1 stock picker in his coverage universe. His research has been featured by leading outlets including The Wall Street Journal, The New York Times, Bloomberg, and CNBC. Prior to joining D.A. Davidson, Shmois served as Managing Director at Loop Capital Markets, where he was the Industrials sector head and led coverage of construction materials and building materials companies. Earlier in his career, he held senior research roles at Longbow Securities and National City Bank.

“Garik’s deep industry expertise and proven leadership will be instrumental as we continue expanding our equity research platform,” said Jesse Bigelow, Director of Research for Equity Capital Markets. “His analytical rigor and client-focused approach align perfectly with our commitment to providing thoughtful, actionable insights.”

As Managing Director, Shmois will oversee research initiatives within the construction and building products space, guide strategic priorities, and collaborate closely with investment banking, sales, and trading teams to deliver comprehensive market intelligence.

“I’m honored to join D.A. Davidson and excited to contribute to the firm’s strong tradition of excellence in equity research,” said Shmois. “I look forward to working with a talented team and helping our clients navigate an evolving market landscape.”

Shmois will be based in Cleveland, Ohio

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 1,600 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.