About Us

We are a leading investment bank and asset management firm.

At Piper Jaffray, we help clients Realize the Power of Partnership. Through a distinct combination of independent thinking, candid counsel, focused expertise and empowered employees, we deliver integrity, insight and impact to each and every relationship.  

Corporate Snapshot

Founded: 1895
NYSE: PJC
Headquarters: Minneapolis, MN
CEO: Andrew S. Duff
Employees: 1,300
Offices: 50+

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Investment Banking

Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, private placements, financial restructuring and corporate & venture services.

We deliver in-depth knowledge and expertise in our core middle-market sectors:


Equity Sales & Trading

In equities, our sales & trading teams facilitate public offerings in our core sectors and dedicate significant levels of firm capital to ensure the highest aftermarket support. We are a market maker and/or transact in 2,500 securities, offering traditional, algorithmic and program trading approaches.

Equity Research

Piper Jaffray research analysts are regularly recognized by The Wall Street Journal “Best on the Street” surveys, Greenwich Associates’ Institutional Investor surveys and Thomson Reuters’ Starmine Awards. Our 40 senior analysts produce industry-leading research on 750 small-, mid- and large-cap companies. Our investor conferences and roadshows provide access to management teams from leading companies.

Public Finance

Our public finance group provides underwriting and financial advisory services to state & local governments and not-for-profit entities. Supported by a broad national platform, our expert teams leverage localized knowledge to facilitate the issuance of taxable and tax-exempt debt across a range of sectors:

Direct Placements

Through our traditional and non-traditional lending relationships, Piper Jaffray partners with clients to secure a diverse range of loan opportunities , including floating- and fixed-rate and taxable and tax-exempt structures.

Fixed Income Sales & Trading

Our fixed income group provides the full array of taxable and tax-exempt investment solutions with a dedicated trading desk committing capital across a 50-state distribution network. Our clients gain access to a diverse range of inventories and our national team of 200+ sales & trading professionals.

Strategic Analytics Group

Our strategic analytics group provides investment recommendations and in-depth regulatory guidance, as well as portfolio review, balance sheet analysis and pre-trade reporting. Clients gain access to the group’s proprietary publications, market outlooks, macroeconomic forecasts and webcasts.

Asset Management

We offer a diversified array of institutional investment products through limited partnerships, separately managed accounts, mutual funds and closed- and open-end funds.

Advisory Research, Inc.

With approximately $8.4 billion in assets under management1, Chicago-based Advisory Research, Inc. is a diversified investment manager that provides value oriented domestic, international, global and MLP & energy infrastructure strategies to leading institutions.

Piper Jaffray Investment Management, LLC (PJIM)

Focused on fixed income investments, PJIM manages three separate advisory products: the Piper Jaffray Municipal Opportunities Fund, Piper Jaffray Senior Living Fund and the fixed income advisory service program, which offers nondiscretionary portfolio consulting services to institutions, employee benefit plans, trusts and estates, businesses and other investors.

Merchant Banking

Part of PJC Capital Partners, LLC, our merchant banking group invests in private companies within the firm’s areas of industry expertise. Merchant Banking Fund I portfolio companies are typically commercial-stage businesses with a liquidity horizon of less than five years.

Simmons & Company International Limited (Energy Specialists of Piper Jaffray)

The Simmons Parallel Energy Fund and Simmons Private Equity Fund II are private equity funds invested predominately in European-based energy businesses, including oilfield services and technology.

Awards and Recognition

Our Guiding Principles

We create and implement superior financial solutions for our clients. Serving clients is our fundamental purpose.

We earn our clients’ trust by delivering the best guidance and service.

Great people working together as a team are our competitive advantage.

As we serve, we are committed to these core values:

  • Always place our clients’ interests first
  • Conduct ourselves with integrity and treat others with respect
  • Work in partnership with our clients and each other
  • Maintain a high-quality environment that attracts, retains and develops the best people
  • Contribute our talents and resources to serve the communities in which we live and work

Community Leadership

Active involvement in the cities where we live and work is a longstanding cornerstone of our business, instilled by some of the firm's earliest leaders, Bobby and Tad Piper whose passionate civic legacy continues to permeate today. Through the Piper Jaffray Foundation, corporate giving, grants and sponsorships, our commitment is robust and multi-faceted. Finally, we augment the contributions of our employees with generous matching gift, volunteerism and community award programs for the organizations they support.