Piper Jaffray Increases Fixed Income Presence in Cleveland
April 13 2004 - 1:50PM
PR Newswire (US)
Piper Jaffray Increases Fixed Income Presence in Cleveland
CLEVELAND, April 13 /PRNewswire-FirstCall/ -- Piper Jaffray &
Co. is pleased to announce the addition of four new fixed income
sales professionals to its Cleveland office. John Plagens and Bill
Plagens joined the firm in municipal institutional sales, Amanda
Paoletto joins as a middle market sales representative and Teresa
Yancey joins as a public sector sales representative. The new sales
group is located in the firm's new Cleveland office in the BP
Tower, at 200 Public Square, Suite 3260. "We are pleased to welcome
John, Bill, Amanda and Teresa to our sales staff in Cleveland,"
said Jim Foliano, Piper Jaffray managing director, institutional
sales and Cleveland branch manager. "We have been open for nearly
two years and continue to expand our presence in this market
helping Piper Jaffray to better serve its clients in the Midwest,
especially in Ohio, Pennsylvania, Kentucky and Indiana." John and
Bill Plagens join the firm as managing directors in municipal
institutional sales both from McDonald Investments, a KeyCorp
Company, where they spent the past eight years. Prior to working at
McDonald, John Plagens spent 12 years working at Kemper Securities.
He has a political science degree from The Ohio State University
and a law degree from the Cleveland Marshall College of Law. Bill
Plagens brings over 16 years of sales experience and prior to
working at McDonald, was in sales at Key Capital Markets. He has a
communications degree from The Ohio State University. Paoletto
joined the firm as an assistant vice president after spending the
past year working in commercial banking at US Bank. Prior to that,
she worked for Morgan Stanley in Chicago in trading and at DLJ as a
cash management account manager. Paoletto has a bachelor's degree
in management from Purdue University in West Lafayette, Ind., and a
master's of business administration degree from DePaul University
in Chicago. Yancey joined the firm as a vice president from
Productive Portfolios, Inc., in Rocky River, Ohio, after spending
the past couple of years as a portfolio manager. Prior to that, she
spent 10 years in institutional sales at Huntington Capital Corp.,
in Columbus, Ohio. Yancey has a bachelor's degree in business
administration from The Ohio State University and a law degree from
Capital University Law School in Columbus. The Cleveland office
opened in June 2002, as a strategic expansion of the Piper Jaffray
fixed income sales operation. The office currently has two
municipal sales professionals and five taxable sales professionals
in corporate, mortgage, government agencies and financial
institutions. The expansion builds upon the firms' nation-wide
fixed income sales services in Minneapolis, New York, San
Francisco, Kansas City, Des Moines, Spokane, Las Vegas, Milwaukee,
Seattle, Chicago, Lincoln, Denver and Portland. Headquartered in
Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray
Companies (NYSE:PJC), is a focused securities firm dedicated to
delivering superior financial advice, investment products and
transaction execution within selected sectors of the financial
services marketplace. The company operates through two primary
revenue-generating segments -- Capital Markets and Private Client
Services. Investment Research, an independent group reporting to
the CEO, supports clients of both segments. The firm serves
corporations, government and non-profit entities, and institutional
investors on a national basis and serves the financial advisory
needs of private individuals predominantly across the western half
of the United States. The firm has over 2900 employees in 111
offices in 23 states across the country and in London, England. For
more information about Piper Jaffray, visit us online at
http://www.piperjaffray.com/ . Since 1895, Member SIPC and NYSE.
DATASOURCE: Piper Jaffray & Co. CONTACT: Susan Beatty, Public
Affairs and Media Relations of Piper Jaffray & Co.,
+1-612-303-5680 Web site: http://www.piperjaffray.com/
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