Piper Jaffray & Co. Announces the Formation of the Wealth Management Group

Piper Jaffray & Co. Announces the Formation of the Wealth
Management Group 


MINNEAPOLIS, April 13  /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased
to introduce the newly developed Wealth Management Group, which is part of the
Private Client Services business. The Wealth Management Group consists of a
team of professionals who will provide highly specialized services designed to
meet affluent investors' more sophisticated wealth management needs. The
nine-member group partners with the firm's financial advisors to provide a
comprehensive approach to helping clients accumulate, manage, preserve and
transfer their wealth.

"Over the coming decades, baby boomers will increasingly shift their focus from
accumulating wealth to preserving and transferring wealth," said Bill Garrison,
director of the Wealth Management Group at Piper Jaffray. "As they make this
transition, they are seeking comprehensive wealth management advice. This group
will play a crucial role in helping to meet our clients' changing needs."

Based in Minneapolis, the Wealth Management Group provides clients with a suite
of specialized services. Those services include financial planning, investment
consulting, estate and wealth transfer, philanthropy, insurance, trust services
and credit solutions. The group is based in Minneapolis.

"We want our clients to have peace of mind when it comes to managing,
preserving and transferring the wealth they have worked so hard to obtain,"
said Garrison. "Our goal is to help our clients live the way they envision and
help them develop a plan that reflects their personal values and financial
goals. That may mean providing for future generations, making a difference in
the community, or taking on a personal goal or challenge now that they have the
financial security and freedom to do so."

Piper Jaffray & Co. is the chief operating subsidiary of Piper Jaffray
Companies (NYSE:PJC), 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. Piper Jaffray & Co. has served corporations, government and
non-profit entities, institutional investors and the financial advisory needs
of private individuals since 1895.  Headquartered in Minneapolis, Piper Jaffray
has approximately 3,000 employees in 104 offices in 23 states across the
country and in London. For more information about Piper Jaffray, visit us
online at http://www.piperjaffray.com/ .

Since 1895. Member SIPC and NYSE. 

DATASOURCE: Piper Jaffray & Co.



CONTACT:  Susan Beatty, Media Relations of Piper Jaffray & Co.,

[phone]



Web site:  http://www.piperjaffray.com/ 

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