D.A. Davidson & Co. is pleased to announce the hiring of Burton Vance and Matt Michalski both as Managing Director, Institutional Sales by the Equity Capital Markets Group. The appointments mark six senior hires to D.A. Davidson’s Institutional Equities Team in 2023, further demonstrating D.A. Davidson’s commitment to becoming the preeminent full-service middle-market investment bank.

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Both Burton Vance (left) and Matt Michalski (right) join D.A. Davidson as Managing Director, Institutional Sales. (Photo: Business Wire)

“Boston is a priority market for our firm, and we’re thrilled to welcome Vance and Michalski to the team,” said Liam Healy, Head of Institutional Equities at D.A. Davidson. “They both have deep experience in the industry covering the Boston territory and fit in extremely well with our culture.”

Based in Winston-Salem, North Carolina, Vance joins D.A. Davidson after 29 years with Truist on the institutional equities team, most recently as Managing Director, Equity Sales. Mr. Vance graduated from Davidson College with a Bachelor of Arts in History and received his Juris Doctor degree from University of North Carolina Law School.

Based in Boston, Michalski has over 23 years of institutional equity sales experience with Truist and its predecessor, Robinson Humphries, most recently as Director. Mr. Michalski holds a Bachelor of Science in Economics from Hobart College in Geneva, New York.

Together, Vance and Michalski represent a strong, tenured brand in the Boston market and have been a part of the #1 ranked sales team for SMID cap research, according to the Greenwich Survey.

“They bring decades of experience working together to the business, which is an invaluable asset as we look to further expand in this market,” said Rory McKinney, President of Equity Capital Markets at D.A. Davidson. “As we continue to create differentiated, proprietary products, we are doubling down on investing in talent and resources to improve our abilities to deliver key insights to our buy-side partners.”

With a senior team of over 20 research analysts that cover over 500 public and private companies, D.A. Davidson & Co.’s Equity Capital Markets group provides a full-service platform offering expertise to middle-market companies across four industries of focus: consumer, diversified industrials, financial institutions, and technology. D.A. Davidson is widely recognized for providing timely investment ideas supported by insightful analysis to institutional clients.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 29 states.

Subsidiaries include D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.

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