Since 1895


2015 – Piper Jaffray acquires Simmons & Company and River Branch Holdings, bolstering its sector coverage in energy and financial institutions respectively, and grows its fixed income services group with the acquisition of BMO Capital Markets GKST.

2013 – Piper Jaffray acquires Seattle-Northwest Securities Corporation and Edgeview Partners, significantly expanding its municipal and M&A advisory businesses, respectively.

2010 – Piper Jaffray acquires Advisory Research, Inc., an asset management firm mainly focused in equity strategies, as a stable complement to its more cyclical global capital markets business.

2007 – Piper Jaffray acquires Goldbond Capital Holdings Limited, a Hong Kong-based investment bank, allowing the firm to China-based companies in Hong Kong, Europe and the United States.

Piper Jaffray completes the acquisition of Fiduciary Asset Management (FAMCO) to expand its asset management capabilities.

2006 – Piper Jaffray completes the sale of its Private Client Services branch network to UBS Financial Services, allowing Piper Jaffray to focus entirely on building a leading investment bank.

2004 – Piper Jaffray acquires Vie Securities, LLC, a leading provider of algorithm-based, electronic execution services. The firm now offers new proprietary algorithm-based trading capability as part of its broader, client-focused equity trading platform.

2003 – Piper Jaffray becomes an independent, publicly held company following its spin-off from U.S. Bancorp. Stock begins trading again on the NYSE under the symbol PJC.

Piper Jaffray Logo.

2001 – Milwaukee-based Firstar Inc. acquires U.S. Bancorp, giving way to the eighth largest financial services organization with $170 billion in assets. The new entity retains the U.S. Bancorp name.

2000 – Andrew Duff assumes the role of CEO; Tad Piper remains chairman.

U.S. Bancorp Piper Jaffray moves its headquarters to a new tower—the U.S. Bancorp Center at 800 Nicollet Mall in Minneapolis. The firm now has more than 125 retail offices in 18 Midwest, Mountain and Western states.