Raymond James continues Technology Investment Banking practice expansion, hires three senior bankers
ST. PETERSBURG, Fla. – Raymond James Investment Banking is further expanding its Technology & Services Investment Banking practice through the hiring of three senior bankers – managing directors Dave Dolan and Eddie Nie, as well as vice president Haider Arshad.
The team arrives from DC Advisory and will primarily focus on the transportation, logistics and supply chain technology sectors. All three bankers will be based in the firm's Washington, D.C. office.
"Dave, Eddie, and Haider exemplify quality talent and have built a robust sector practice. We enthusiastically welcome them into our team," said Jon Steele, co-head of Technology & Services Investment Banking at Raymond James. "We are committed to enhancing our leading software practice by deepening our industry sub-sector depth and with their extensive knowledge and key relationships in the transportation, logistics and supply chain technology sector."
"We are excited to join the Technology & Services team, where we have seen first-hand their experience and commitment to the sector. We look forward to working with our new colleagues to further establish Raymond James Technology & Services Investment Banking as a market-leading practice in transportation, logistics and supply chain technology," said Dolan.
"Raymond James provides us access to valuable resources and collaborative opportunities, empowering our practice to serve clients and the market," added Nie.
With almost 20 years of investment banking experience, Dolan comes to Raymond James from DC Advisory, where he was a managing director and an executive committee member. He previously held roles at Updata Advisors, Bear Stearns & Co., American Express Financial Advisors and Milestone Group. Dolan received his Bachelor of Science in finance from George Mason University and his MBA from Fordham University.
Nie joins Raymond James from DC Advisory with over a decade of investment banking experience. He obtained a Bachelor of Science in chemical engineering from the University of Pennsylvania and earned a second Bachelor of Science along with an MBA from The Wharton School.
Arshad joins Raymond James from DC Advisory with nearly eight years of investment banking experience. Prior to DC Advisory, he served as a growth investor at Summit Partners. He received a Bachelor of Science in Commerce with concentrations in finance and accounting from the University of Virginia.
"Capitalizing on our existing success in the software sector is a top priority for us," said Brendan Ryan, co-head of Technology & Services Investment Banking at Raymond James. "The addition of this seasoned team, along with other recent strategic hires, is a testament to our long-term vision for the Technology & Services group and demonstrates our strong commitment to serving our clients across the software industry."
Earlier this month, the Technology & Services practice also announced the hiring of Glen Kruger as managing director in its Boston office.
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Raymond James offers one of the most highly regarded and advisory and equity offering practices. Since 2017, we have completed more than 1,100 M&A and other strategic advisory assignments and participated in raising nearly $180 billion in capital for our U.S. corporate clients. Put the expertise, quality and experience of Raymond James to work for you. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.
About Raymond James Financial, Inc.
Raymond James Financial, Inc., (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.30 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.