Andrew S. Klein Appointed Head of Bruderman Brothers Investment Banking
New York, NY (PRWEB) May 23, 2017 -- Bruderman Brothers, the family-owned third generation financial services firm announced today that Andrew S. Klein has been appointed Head of Investment Banking. He will be responsible for the development of strategy for the investment bank, the introduction of new investment banking products, and meeting needs and challenges in the present-day market. Mr. Klein will focus on expanding the investment banking operations and extending and optimizing the customer base, particularly with Bruderman’s family-owned business clients. Gerry Eastman, will move over to lead Bruderman & Co’s Merchant Banking division and will retain the title of Vice Chairman, Investment Banking.
“This is a very active time for middle-market transactions, clients are looking to us for assistance in managing valuations, performing due diligence and ensuring a deal gets done to expectations. Andrew has a proven track record of building banking platforms and a talent for understanding and meeting client needs.”
Bruderman’s Chairman, Matthew J. Bruderman, adds “Andrew has already been instrumental and impactful in our growth and recent successes. With Andrew at the helm of the banking division, I will be able to focus more on our Merchant Banking activities as well as client focused efforts.”
Mr. Klein joined Bruderman Brothers in 2016 as Managing Director and Chief Operating Officer of the Investment Banking division, with the goal of building out a best in class middle market platform. He has spent 20+ years in the financial industry, in executive and management positions with a number of institutions. In his new role, Klein will be a member of the Bruderman & Co. Management Committee.
About Bruderman Brothers
Bruderman Brothers LLC is a registered broker dealer and is a division of Bruderman & Co, which also owns Bruderman Asset Management, a registered investment advisor which provides family office and investment management services. Bruderman Brothers provides advisory and investment banking services to a diverse array of clients, including: buy and sell-side advisory, equity sponsor advisory and financing, financial restructuring, and capital raising. With expertise in a broad range of industries including retail, apparel, consumer goods, healthcare, financial services, logistics, and distribution, the firm plans to drive further growth in key areas with additional strategic hires over the coming months.
John Cook, Rally Point, +1 (585) 737-7546, [email protected]
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