Thomas Weisel Partners Group Expands Its Research and Private Client Services Groups
January 12 2010 - 5:15AM
Marketwired
Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), a global
growth-focused investment bank, announced the addition of three
professionals in its Research and Private Client Services groups.
Charles Chon has joined as a senior healthcare analyst covering
Medical Devices, Jordan Rohan has joined as a senior analyst
covering Internet Services and Michael Smith has joined as a
Managing Director in Private Client Services focused on Canada.
"The additions of these three professionals demonstrate our
commitment to building out our brokerage platform. We are confident
that their relationships and experience will make an immediate
contribution to the Firm and our clients will benefit
significantly," said Thomas W. Weisel, Chairman and CEO of Thomas
Weisel Partners Group. "Charles and Jordan are highly ranked
analysts with proven track records in their respective sectors.
Michael's proven management skills coupled with his commitment to
client service and excellent experience as an investment
professional made him an outstanding candidate to lead our Private
Client Services offices in Canada."
Mr. Chon has 10 years of experience in the healthcare industry
and was most recently a Medical Devices analyst at Goldman Sachs,
where he focused on cardiology and orthopedics, as well as emerging
market and small/mid-cap growth. Mr. Chon received his
undergraduate degree in Chemistry from Amherst College and his MBA
from Boston University. He is based in the firm's New York
office.
Mr. Rohan brings 13 years of sell-side experience to the firm
and recently worked as a senior Internet, Media & Broadcasting
analyst at RBC Capital Markets, where he was ranked as a Best Stock
Picker by the Wall Street Journal (#1). Mr. Rohan earned his
undergraduate degree in Economics from The Wharton School at the
University of Pennsylvania and his MBA from Stanford University. He
is based in the firm's New York office.
Central to Thomas Weisel Partners' brokerage operation is its
commitment to providing a high-quality research product that
generates timely, insightful views on growth companies as well as
original thought pieces on new areas of growth. With the recent
additions in Research, the firm's total number of research analysts
increases to 37 with 499 stocks under coverage.
Mr. Smith has over 10 years of experience serving the financial
needs of clients and will be instrumental in building the firm's
Canadian client base. Prior to joining Thomas Weisel Partners, he
was a co-founder of Vida Wealth Management. Before his career in
the financial services industry, Mr. Smith had a distinguished
career as an Olympic athlete. Mr. Smith attended the University of
Toronto and is based in the firm's Calgary office.
The Private Client Services business at Thomas Weisel Partners
manages client assets of over $6 billion. Thomas Weisel Partners
maintains an open architecture model, which allows the firm's
financial advisors to provide clients with best-in-class products
and advisory services that meet their unique needs.
About Thomas Weisel Partners Group, Inc.
Thomas Weisel Partners Group, Inc. is an investment bank,
founded in 1998, focused principally on the growth sectors of the
economy. Thomas Weisel Partners generates revenues from three
principal sources: investment banking, brokerage and asset
management. The investment banking group is comprised of two
disciplines: corporate finance and strategic advisory. The
brokerage group provides equity and convertible debt securities
sales and trading services to institutional investors, and offers
brokerage, advisory and cash management services to high-net-worth
individuals and corporate clients. The asset management group
consists of: private equity, public equity and distribution
management. Thomas Weisel Partners is headquartered in San
Francisco with additional offices in Baltimore, Boston, Calgary,
Chicago, Dallas, Denver, New York, Portland, Toronto, London and
Zurich. For more information, please visit www.tweisel.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, which
are subject to risks, uncertainties and assumptions about us. In
some cases, you can identify these statements by forward-looking
words such as "may", "might", "will", "should", "expect", "plan",
"anticipate", "believe", "estimate", "predict", "optimistic",
"potential", "future" or "continue", the negative of these terms
and other comparable terminology. These statements are only
predictions based on the firm's current expectations about future
events. There are important factors that could cause actual
results, level of activity, performance or achievements or other
events or circumstances to differ materially from the results,
level of activity, performance or achievements expressed or implied
by these forward-looking statements. These factors include, but are
not limited to, the state of the financial markets and the economy,
particularly as they relate to the growth sectors that the firm is
focused on, Thomas Weisel Partners' ability to implement its
strategic initiatives and achieve the expected benefits of the
acquisition of Westwind Partners, retain its professionals, as well
as other competitive, economic, political, and market conditions
and fluctuations, government and industry regulation, risks
relating to the acquisition of Westwind Partners, including the
effect of the completion of the transaction on the companies'
business relationships, operating results and business generally
and other factors. Some of the other factors are those that are
discussed in Item 1A - "Risk Factors" in the firm's Annual Report
on Form 10-K for the year ended December 31, 2008 and in the firm's
Quarterly Reports on Form 10-Q filed with the SEC thereafter. The
firm does not assume responsibility for the accuracy or
completeness of any forward-looking statement and you should not
rely on forward-looking statements as predictions of future events.
The firm is under no duty to update any of these forward-looking
statements to conform them to actual results or revised
expectations.
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