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SAN FRANCISCO, July 6 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to announce that Mark Zielinski has been hired as a senior vice president and branch manager of the firm's Private Client Services business in San Francisco. He will be a member of the Private Client Services Operating Committee and regional director for the San Francisco Bay Area, which includes branches in San Francisco, Walnut Creek, Sonoma and Palo Alto.

Zielinski has more than 23 years of exceptional experience serving the financial needs of clients throughout California. Prior to joining Piper Jaffray, he was a senior vice president at Wachovia Securities in Newport Beach, Calif. In addition, Zielinski served as regional director of southern California and held various branch manager positions during his 21-year career at Prudential Securities Incorporated.

"Mark has demonstrated outstanding leadership abilities during his long career on Wall Street," said Paul Grangaard, head of Private Client Services at Piper Jaffray. "His proven management skills coupled with his commitment to client service and excellent experience as an investment professional made him an outstanding candidate to lead our Bay Area Private Client Services offices."

"Piper Jaffray is committed to offering exceptional investment advice to its clients," said Zielinski. "I am pleased to be with a firm that has so much opportunity in the Bay Area and a strong base of operations including equity and fixed income investment banking and trading. I look forward to leading a very talented group of financial advisors in San Francisco and the Bay Area."

Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies (NYSE: PJC), is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. The company operates through two primary revenue-generating segments - Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis and serves the financial advisory needs of private individuals predominantly across the western half of the United States. The firm has approximately 3,000 employees in 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at http://www.piperjaffray.com .

Since 1895. Member SIPC and NYSE.

SOURCE Piper Jaffray & Co.
CONTACT: Dana H. Wade, Public Affairs and Media Relations of Piper Jaffray & Co., +1-415-277-1556
Web site: http://www.piperjaffray.com