TORONTO, Oct. 2, 2013 /CNW/ - Investment dealer Raymond James Ltd., the
Canadian arm of North American investment dealer Raymond James
Financial, Inc., today announced that two highly respected industry
veterans, Kurt Molnar and Nick Pocrnic, are joining the firm in key
roles in energy research and institutional equity sales, respectively.
Both previously worked for Stiefel Financial Corp's Canadian offices
until that firm made the decision to close its operations in Canada
"Kurt Molnar has established a durable Oil & Gas research franchise and
we are excited to aggressively grow it on our equity capital markets
platform," says Daryl Swetlishoff, Senior Managing Director and Head of
Research for Raymond James Ltd. "We expect Kurt to hit the ground
running as a welcome addition to our existing energy team and the
cross-border clients we support.
"Kurt brings over 25 years in the oil and gas sector, working in various
roles including investment banking, institutional sales and most
recently as an Equity Analyst at Stiefel covering small- and mid-cap
E&P stocks. He is well regarded throughout the industry and is a
top-ranked analyst among institutional clients and energy corporate
issuers," says Swetlishoff.
Kurt Molnar joins as Equity Analyst, Energy working in the firm's
Calgary offices covering small- and mid-cap energy companies. This
follows last week's announcement of Chris Cox who is returning to
Raymond James as Equity Analyst, Energy where he will focus on coverage
of senior integrated oil and gas companies. Both Kurt and Chris will
start with the Raymond James energy research team on October 7, 2013.
"Nick Pocrnic adds an important new dimension to our already strong
institutional sales team," says Mike Westcott, Senior Managing
Director, Head of Institutional Sales for Raymond James Ltd. "He has a
sterling reputation for his ability to identify and deepen client
relationships, and he is widely respected throughout the industry in
Canada and the United States. We are thrilled to have a quality
individual like Nick on our Raymond James team."
Effective October 14, 2013, Nick Pocrnic will join the firm's Vancouver
sales desk as Senior Vice President, Institutional Equity Sales. His
focus will primarily be on serving institutional clients in British
Columbia, Alberta, Texas and California.
Raymond James is a leading North American independent full service
investment dealer offering an extensive range of professional
investment service and products including: private client services,
financial and estate planning services, portfolio management,
insurance, equity research, investment banking and institutional sales
Through its network of approximately 6,300 Financial Advisors across
Canada, the United States and key international centres, Raymond James
serves more than 2.5 million individual clients and families, and
manages more than $405 billion in client assets under administration.
For more information about Raymond James, please visit our web site at:
SOURCE: Raymond James Ltd.
For further information:
Senior Vice President, Corporate Communications & Marketing
Raymond James Ltd.
Tel: (416) 777-7063, email: email@example.com