Ross Baumgarten and David Kelson Join the Firm as Financial Advisors
CHICAGO, Oct. 2 /PRNewswire-FirstCall/ -- U.S. Bancorp Piper Jaffray today
is pleased to announce the opening of the firm's Chicago office with the
hiring of Ross Baumgarten and David Kelson, who have joined the firm as
managing directors and financial advisors for the Private Advisory Services
division. Baumgarten and Kelson will be based in the firm's Chicago brokerage
office, reporting to Tom Parkins, regional director for the Private Advisory
Services division. Parkins, who brings over 30 years of industry experience,
was hired in February to oversee the Milwaukee and Chicago metropolitan areas.
I am thrilled to have Ross and David as financial advisors and
colleagues, said Parkins.
Having been a part of the Chicago area community
for a combined 25 years, they bring significant expertise and experience and a
keen ability to understand and fulfill the needs of individual clients within
the Chicago region.
Baumgarten and Kelson provide investment advice to affluent investors,
corporations, foundations and institutional clients.
David and I are very
excited about the many opportunities that the Piper Jaffray platform offers us
to better serve our clients' needs. We have all the investment tools of a
large firm, coupled with the unique culture that has been the hallmark of
Piper Jaffray for over a hundred and seven years, said Ross Baumgarten,
managing director, investments Private Advisory Services division.
has tremendous vision and culture and we're thrilled to have the opportunity
to help build a presence in Chicago.
Baumgarten brings over 18 years of industry experience. Prior to joining
U.S. Bancorp Piper Jaffray, Baumgarten was a principal at William Blair in
Chicago. Before entering the financial services industry, he was a pitcher
for the Chicago White Sox for five years. He has a bachelor's degree from the
University of Florida in Gainesville, Fla. He resides in Glencoe, Ill., with
his wife and their four children.
Kelson brings over 7 years of industry experience. Prior to joining U.S.
Bancorp Piper Jaffray, Kelson was an investment advisor at William Blair in
Chicago. He has a bachelor's degree from Boston University, in Boston.
Kelson resides in Chicago with his wife and twin daughters.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based
U.S. Bancorp (NYSE: USB), is a focused securities firm comprised of three
divisions: Equity Capital Markets, Fixed Income Capital Markets and Private
Advisory Services. The firm provides a full range of investment products and
services to individuals, institutions and businesses. The firm has over 120
offices in 23 states across the country. The Equity Capital Markets Division
focuses on the needs of growth companies in the health care, technology,
financial institutions, consumer and communications growth sectors. The firm
has a national reputation for its expertise in fundamental research and equity
and debt financing. The Fixed Income Capital Markets business provides bond
issuers, individual investors and institutional investors expertise in
investment banking, underwriting, trading, sales and research. The firm
offers innovative solutions in corporate and government debt financings with
particular expertise in corporate, health care/hospitals, real estate, higher
education and government debt. The Private Advisory Services division
financial advisors provide guidance in retirement planning, education
planning, estate planning and wealth accumulation. Investors select from a
wide array of products, including fee-based products, stocks, bonds, mutual
funds, annuities, insurance and trust services. U.S. Bancorp offers a
comprehensive range of financial solutions through U.S. Bank, U.S. Bancorp
Asset Management, U.S. Bancorp Investments and U.S. Bancorp Piper Jaffray.
Securities products and services offered through U.S. Bancorp Piper Jaffray,
Inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp. For more
information on U.S. Bancorp Piper Jaffray, visit www.piperjaffray.com . Non-
deposit investment products are not insured by the FDIC, are not deposits or
other obligations of or guaranteed by U.S. Bank National Association or its
affiliates, and involve investment risks, including possible loss of the
principal amount invested.
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SOURCE U.S. Bancorp Piper Jaffray
/CONTACT: Erin Freeman, Director, Public Relations of U.S. Bancorp Piper
/Web site: http://www.piperjaffray.com /
CO: U.S. Bancorp Piper Jaffray
ST: Illinois, Minnesota
IN: FIN MFD INS
SU: PDT PER
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5748 10/02/2002 11:11 EDT http://www.prnewswire.com