Sterne Agee Expands Financial Technology Investment Banking Franchise

SAN FRANCISCO, Sept. 4, 2013 /PRNewswire/ -- Sterne Agee, one of the oldest and largest privately-owned investment banking and brokerage firms in the country, is proud to announce Alex Alden will join the Firm's San Francisco office as Managing Director in the Investment Banking Division.

"We are very excited to have Alex on board as we expand our Financial Technology Investment Banking franchise," said Ryan Medo, Executive Managing Director of the Equity Capital Markets Division. "Alex's significant experience and relationships will be an invaluable resource to Sterne Agee as we continue to expand our Investment Banking Group."

Mr. Alden has a proven, long-term track record executing mergers and acquisitions and leading equity and debt capital markets transactions for financial technology firms across a wide range of payments and markets-related industries. His appointment is just another example of Sterne Agee's continued growth and commitment to expanding its coverage to clients.

"I am extremely pleased to join one of the fastest growing and most successful full-service investment banks in the country. The continued expansion of its highly skilled professional staff and constant addition of new product and client-service capabilities makes Sterne Agee among the most competitive firms in our industry from which to serve clients both large and small," said Mr. Alden.

Mr. Alden comes to Sterne Agee from UBS Investment Bank and previously worked at JMP Securities, Banc of America Securities and Putnam Lovell Securities where he advised a wide array of financial technology clients as well as a range of traditional financial services firms. He holds a joint BSBA degree in finance and international business from Georgetown University's McDonough School of Business.

About Sterne Agee

Founded in 1901, Birmingham, Alabama-based Sterne Agee is one of the oldest and largest privately-owned financial services firms in the nation. The firm offers comprehensive financial services to a diverse client base, including corporations, municipalities and high-net worth individuals. Through its family of wholly-owned subsidiaries, Sterne Agee custodies over $21 billion in client assets, and has more than 1,500 employees in 59 offices across 22 states. The Sterne Agee family of companies has prospered for more than 100 years by always putting client interests first and consistently delivering excellent financial services. Sterne Agee is the trade name used by Sterne Agee Group, Inc. and affiliates, including Sterne, Agee & Leach, Inc., member of NYSE, FINRA and SIPC. Visit www.sterneagee.com.

Contact:
Peggy Thompson
Strategic Marketing
205.949.3538
[email protected]  

SOURCE Sterne Agee