D.A. Davidson Hires John Baumgartner as Vice Chairman and Co-Head of Equity Capital Markets

Veteran capital markets leader brings more than 25 years of experience across consumer, diversified industrials, financial institutions, and technology

DALLAS--(BUSINESS WIRE)--D.A. Davidson & Co. announced today the continued expansion of its capital markets platform with the hire of John Baumgartner as Vice Chairman and Co-Head of Equity Capital Markets. Baumgartner will co-lead the group alongside Josh Nolan, focusing on the origination, marketing, pricing, and distribution of the firm's equity capital raising transactions. He will be based in the Greater Dallas area, further expanding D.A. Davidson's presence in the Texas market.

Baumgartner brings more than 25 years of equity capital markets experience across D.A. Davidson's four core industry verticals: consumer, diversified industrials, financial institutions, and technology. Over the course of his career, he has led the successful completion of more than 300 IPOs, follow-on offerings, at-the-market programs, block trades, and private placements for middle-market growth companies, cultivating deep relationships across private equity firms, corporate clients, and capital markets intermediaries nationally.

"I have had the opportunity to know John for more than a decade, and his depth of experience across equity origination, execution, and distribution—combined with his long-standing relationships across the private equity and corporate landscape—will meaningfully strengthen our platform," said Rory McKinney, President of Equity Capital Markets at D.A. Davidson. "Our firm remains committed to broadening our Investment Banking franchise and hiring senior leaders with deep industry insight. John's addition represents an important step in that strategy, and we are excited to have him lead this next chapter of growth with us."

"I'm excited to join D.A. Davidson at such a dynamic moment for the firm's Equity Capital Markets platform," said Baumgartner. "The firm has built strong momentum across its four industry verticals, and I look forward to partnering with Josh and the broader team to further expand our origination capabilities and deliver differentiated capital markets solutions to clients."

Baumgartner joins D.A. Davidson from Lake Street Capital Markets, where he served as Head of Equity Capital Markets and Financial Sponsors.

Previously, Baumgartner served as Managing Director and Co-Head of Equity Capital Markets and Equity Origination at Stephens. Prior to that, he served as Managing Director and Head of Equity Capital Markets at Robert W. Baird and held several roles of increasing responsibility at Piper Jaffray, where he began his career in equity capital markets.

Baumgartner's arrival reflects D.A. Davidson's continued investment in expanding its senior talent base and geographic footprint. His hire builds on recent senior additions in the Greater Dallas area as the firm deepens its Southwest presence and broader middle-market advisory capabilities.

D.A. Davidson's Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.

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, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,625 employees and offices in 32 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.