D.A. Davidson Strengthens Its Debt Advisory Team
D.A. Davidson & Co. has made a significant addition to its Investment Banking division by hiring Ken Kantowitz as the Director of Debt Advisory. This strategic move is set to bolster the firm’s already robust Capital Advisory Team and Financial Sponsors Group.
About Ken Kantowitz's Background
Kantowitz brings a wealth of experience to D.A. Davidson, having recently worked at Lazard’s Capital Solutions Group, where he spent over six years advising both sponsor and non-sponsor middle market clients on debt and structured equity capital raises. His professional journey also includes positions at Société Générale in their North America Leveraged Finance Group and at Raymond James focused on Technology Investment Banking.
Industry Growth and Advisory Needs
According to Rory McKinney, President of D.A. Davidson Equity Capital Markets, the private credit market has seen significant growth and maturation. This evolution necessitates that financial advisors offer top-notch private capital raising capabilities to both sponsor and corporate clients across the entire capital stack. McKinney emphasized that Ken’s extensive experience will greatly benefit the firm’s momentum in its Capital Advisory business.
Kantowitz's Perspective
Kantowitz expressed excitement about joining D.A. Davidson, noting, "I've watched and admired from afar as D.A. Davidson has built an impressive Debt Advisory platform that consistently delivers superior value to clients." He highlights the firm's preparedness to assist clients as they navigate the complexities of the private credit market and looks forward to contributing to significant growth in the years to come.
A Closer Look at D.A. Davidson Investment Banking
D.A. Davidson Investment Banking is known for its comprehensive financial advisory and capital markets expertise. The firm prides itself on its extensive transaction experience, particularly within the middle market, and across four industry verticals: consumer, diversified industrials, financial institutions, and technology. In collaboration with its European strategic partner, MCF Corporate Finance, D.A. Davidson executes transatlantic M&A transactions under the unified brand of D.A. Davidson MCF International.
Insights into D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm that provides a range of financial services and advice to individuals, corporations, institutions, and municipalities. Founded in 1935, the corporation has established its headquarters in Great Falls, Montana, with regional offices in major cities including Denver, Los Angeles, New York, Omaha, and Seattle. The firm is home to approximately 1,600 employees and operates in 30 states.
Core Services and Subsidiaries
D.A. Davidson’s subsidiaries include D.A. Davidson & Co., which delivers wealth management, investment banking, and capital markets services; Davidson Investment Advisors, a dedicated asset management firm; and D.A. Davidson Trust Company, which specializes in trust and wealth management services.
Frequently Asked Questions
What role does Ken Kantowitz play at D.A. Davidson?
Ken Kantowitz serves as the Director of Debt Advisory, enhancing the firm's investment banking services.
Why is Ken Kantowitz's hiring significant?
His extensive experience in debt and structured equity capital raising positions D.A. Davidson to better serve clients in a growing private credit market.
What is the focus of D.A. Davidson’s Capital Advisory Team?
The team focuses on providing financial advisory services to both sponsor and corporate clients across various capital raising needs.
What industries does D.A. Davidson serve?
The firm serves multiple industries including consumer, diversified industrials, financial institutions, and technology.
How long has D.A. Davidson been in business?
D.A. Davidson was founded in 1935, making it a long-established player in the financial services industry.
