1920–1940

Since 1895

 

1944 – Nearly 50 years since its inception in Minneapolis, Piper Jaffray & Hopwood begins its expansion westward, opening an office in Great Falls, Mont.

1929 – The stock market crash hits Hopwood & Company hard, while Lane, Piper & Jaffray, which hasn't yet traded listed securities, is not directly affected. Piper Jaffray & Hopwood is formed and the new firm gains a seat on the New York Stock Exchange.