Raymond James adds new MD to team

Raymond James has hired Brendan Tierney as a managing director for its industrials investment banking practice. Previously, Tierney worked at Janney Montgomery Scott where he led the industrials practice.

PRESS RELEASE

ST. PETERSBURG, Fla. – Raymond James announced today that Brendan Tierney has joined the firm’s Industrials Investment Banking practice as a managing director. Tierney brings approximately 20 years of banking experience and will continue to focus his efforts exclusively on the following sectors: water and wastewater, motion and flow control, test and instrumentation, and niche manufacturing. He is based in New York City.

“Brendan’s deep understanding of select niche industrial sectors and extensive transactional expertise will allow us to continue to deliver superior service and strategic solutions to our clients,” said Gary Downing, co-head of Industrials Investment Banking at Raymond James.

Prior to joining Raymond James, Tierney led the industrials practice at Janney Montgomery Scott. He has a proven track record in originating and executing mergers and acquisitions for privately held and publicly-traded companies, previously serving as a vice president in Citigroup’s M&A group and vice president in Rabobank International’s M&A group. Tierney has also successfully advised companies on equity, debt and private placement transactions.

“The talented team of professionals here, backed by an offering of full-service investment banking services and global execution capabilities, is positioned to deliver optimal results for clients,” said Tierney. “I’m thrilled to join one of the industry’s leading industrials investment banking practices.”

About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2009, we have participated in raising $600 billion in capital for our corporate clients and completed more than 500 advisory assignments domestically and abroad.

About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 6,700 financial advisors serving in excess of 2.8 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $522 billion. Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF. Additional information is available at www.raymondjames.com.