Piper Jaffray Companies - Investment Banks - Category Directory

612) 303-6000

800 Nicollet Mall, Suite 800

Minneapolis, MN 55402

www.piperjaffray.com

Sales

$702 million

Business Description

Originally founded in 1895 and headquartered in Minneapolis, Minnesota, Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within targeted sectors of the financial services marketplace. Our employees seek to build long-term relationships with our clients and to use their expertise to provide value to our clients. We compete nationally in serving corporations, government and non-profit entities, and institutional investors. We compete predominantly across the western half of the United States in serving the financial advisory needs of private individuals. Our goals are to be a primary financial advisor to our investment banking and individual investor clients and to be a leading provider of advice, research and trading execution capabilities to institutional investors. We market our products and services under a single name—Piper Jaffray—which gives us a consistent brand across our businesses.  

Capital Markets (Investment Banking, Investment Research, Institutional Sales)

Our Capital Markets business principally consists of equity and fixed income institutional sales and trading and investment banking activities in the United States that are conducted through our national network of offices. We offer public and private corporations, public entities, non-profit clients and institutional investors both equity and fixed income financial advisory, capital-raising and trade execution services. We raise capital through equity and debt offerings for our corporate clients in four focus industries, namely the consumer, financial institutions, health care and technology industries, primarily for middle-market clients. In addition, we provide financial advisory services relating to mergers and acquisitions to clients in these focus industries, as well as companies in other industries. For our government and non-profit clients, we underwrite debt issuances and provide financial advisory and interest rate risk management services. Integral to our capital markets efforts, we have equity sales and trading relationships with United States and European institutional investors who invest in our focus industries. Our fixed income sales and trading professionals have expertise in corporate, mortgage, agency and municipal securities and cover a range of institutional investors.

Through our venture capital business, we manage six venture capital funds: four that invest in the medical technologies, biotechnology and health care services segments of the health care industry and two that invest in alternative asset categories for institutional and high net worth investors. We have invested in two of these funds.

Private Client Services (Stock Brokerage Services)

Through our branch distribution network in the midwest, mountain and west coast states, our Private Client Services business principally provides individual investors with  financial advice and investment products and services, including equity and fixed income securities, mutual funds and annuities. Our financial advisors strive to apply the approach of listening to our clients, understanding their needs and delivering specific advice designed to help them achieve their long-term financial goals. Our financial advisors use a suite of financial planning, portfolio performance reporting and fixed income portfolio management software tools to help clients with wealth management, retirement planning, education funding, tax-advantaged investing and estate planning strategies.

Corporate Support and Other

Our Corporate Support and Other segment principally represents business activities managed on an enterprise-wide basis, including administrative support functions such as finance, legal and human resources. This segment also includes our venture capital business and our company’s investments in limited partnerships that invest in venture capital funds.
 

Ticker

PJC