Texas-Based Senior Banker, Who Has Nearly 30 Years of
Public Finance Experience, Builds on Oppenheimer's Continued
Momentum in the Space
Reed's Recruitment Follows the Hires of Northeast Region
Head Kristin Stephens, Southeast Region Head David Moffett and
Public Finance Head Elizabeth Coolidge
NEW YORK, March 12, 2024 /PRNewswire/ -- Oppenheimer &
Co. Inc. (Oppenheimer) — a leading financial services firm and
a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today
that Frank Sanchez Reed has joined
the Public Finance team as Managing Director, Head of the Southwest
Region, where he will focus on large issuer coverage and strategy,
including in California. He is
based in Texas and will report to
Elizabeth (Beth) Coolidge, the
recently appointed Head of Public Finance.
"I'm happy to welcome Frank to Oppenheimer," said Coolidge, a
Managing Director who leads the Public Finance team from
Chicago. "I have worked with Frank
for years and have witnessed him execute many complex deals for his
clients. His many years of experience and deep relationships with
issuers make him the ideal person to lead our efforts with large
issuers in the region. His addition further demonstrates the firm's
commitment to making strategic investments in public finance."
Reed has over 28 years of industry experience. Previously, he
served as Head of the Central Region at UBS, leading the firm's
public finance business in nine states. Earlier in his career, Reed
worked at Morgan Stanley, Merrill Lynch and managed J.P. Morgan's
public finance business in Texas.
He has served as a book-running Senior Manager, Co-Manager or
Municipal Advisor on more than $30
billion of municipal bonds. His clients have included
cities, counties and state agencies; school districts, community
colleges and universities; public power, water and transportation
systems; as well as hospitals.
The addition of Reed builds on the recent public finance hires
of Coolidge, Kristin Stephens
(Managing Director and Northeast Region Head) and David Moffett (Managing Director and Southeast
Region Head), along with Liberty
Ziegahn (Managing Director) and Madison Maher (Director).
All told, seven former UBS bankers have joined Oppenheimer in
recent months, further bolstering the firm's Public Finance team,
which includes more than 25 professionals. Their additions also
follow the 2020 acquisition of San
Francisco-based Brandis
Tallman, which accelerated Oppenheimer's Public Finance
presence in California.
"I look forward to growing Oppenheimer's Public Finance offering
in the Southwest Region and to working again with Beth and our
other highly experienced colleagues," Reed said. "Oppenheimer has
an unrivaled reputation for excellence of execution and dedication
to client service, which is fueling its rapid and ongoing expansion
in public finance."
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc.
(Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc.
(OPY on the New York Stock Exchange), and its affiliates provide a
full range of wealth management, securities brokerage and
investment banking services to high net-worth individuals,
families, corporate executives, local governments, businesses and
institutions.
Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com
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content:https://www.prnewswire.com/news-releases/oppenheimer-further-expands-public-finance-banking-team-with-appointment-of-frank-sanchez-reed-as-head-of-the-southwest-region-302087108.html
SOURCE Oppenheimer & Co. Inc.