Two Senior Investment Professionals Join FIG
FIG Partners, one of the nation’s premier investment banking and research firms specializing in community banks, today announced the appointment of two senior investment professionals, market maker Jeff McMurray and equity research analyst Jake Civiello.
Mr. McMurray, who was named Equity Trader and is based in Philadelphia, will serve as a market maker in 500 community and regional bank and thrift stocks. Mr. Civiello, who was named Research Analyst and is based in Portland, Maine, will join FIG’s equity research team, which covers more than 125 community banks across the U.S.
The appointments follow FIG’s acquisition by Janney Montgomery Scott, which closed on April 30, and furthers Janney’s strategic objective to support and expand the FIG team.
FIG CEO Geoffrey Hodgson, said: “A key advantage in becoming part of Janney is the opportunity to attract highly talented professionals who can accelerate the growth of our business. Jeff McMurray and Jake Civiello are exceptional investment professionals whose experience and expertise further deepens the team at Janney and FIG. Jeff and Jake are passionate about helping community banks achieve their strategic objectives, and both have long track records of success.”
Before FIG, Mr. McMurray worked for Boenning & Scattergood, Inc. and a predecessor firm for 19 years. At Boenning & Scattergood, he was a market maker in more than 265 NASDAQ and OTC bank and thrift stocks. Mr. McMurray earned a Bachelor of Science degree in Business Studies from Stockton University in New Jersey. He has series 7, 55, and 63 securities licenses.
Prior to FIG, Mr. Civiello worked for RBC Capital Markets for 14 years. At RBC, he was lead analyst and covered commercial banks and thrifts on the East Coast. Earlier in his career, Mr. Civiello worked for TD Banknorth Group. He has been recognized as a top stock picker by the Financial Times and Starmine. Mr. Civiello earned a Bachelor of Science degree from Colby College in Math and holds series 7, 86, and 87 securities licenses.
About FIG Partners
FIG Partners LLC, a wholly-owned subsidiary of Janney Montgomery Scott, is one of the nation’s premier investment banking and research firms specializing in community banks. Headquartered in Atlanta, Georgia, FIG Partners has offices in California, Illinois, North Carolina, and Tennessee. For more information visit www.figpartners.com.
About Janney Montgomery Scott LLC
Janney provides advice to individual, corporate, and institutional clients. Our expertise includes guidance about asset management, corporate and public finance, equity and fixed income investing, equity research, institutional equity and fixed income sales and trading, investment strategy, financial planning, mergers and acquisitions, public and private capital raising, portfolio management, retirement and income planning, and wealth management. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company and is a member of the Financial Industry Regulatory Authority, New York Stock Exchange, and Securities Investor Protection Corporation. Additional company information is available at www.janney.com.