NEW YORK - Oppenheimer & Co. Inc., a subsidiary of Oppenheimer Holdings (NYSE: OPY), has enhanced its Public Finance team with the appointment of Frank Sanchez Reed as Managing Director and Head of the Southwest Region.
Reed, who brings almost three decades of public finance experience, will focus on large issuer coverage and strategy in his new role, particularly within California. He will operate from Texas and report to Elizabeth Coolidge, the firm's Head of Public Finance.
Reed's (OTC:REED) extensive background includes over 28 years in the industry, where he previously led the Central Region public finance business at UBS, covering nine states. His career also spans roles at Morgan Stanley (NYSE:MS), Merrill Lynch, and a position managing J.P. Morgan's public finance operations in Texas. Reed has been involved in municipal bond transactions exceeding $30 billion, serving a diverse clientele ranging from municipal entities to educational institutions and healthcare providers.
His recruitment is part of a broader expansion strategy by Oppenheimer, following the hires of other key figures such as Kristin Stephens, David Moffett, and Elizabeth Coolidge, as well as the acquisition of Brandis Tallman in 2020, which significantly increased Oppenheimer's Public Finance presence in California. The firm's team now includes more than 25 professionals, with seven former UBS bankers joining in recent months.
Reed expressed enthusiasm for his new role, highlighting Oppenheimer's commitment to client service and execution excellence. He looks forward to contributing to the company's growth in the Southwest Region and collaborating with his colleagues, including Coolidge.
Oppenheimer & Co. Inc. provides wealth management, securities brokerage, and investment banking services to a wide range of clients, including high net-worth individuals, businesses, and institutions. The information in this article is based on a press release statement.
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