Guggenheim Securities Hires Analyst Eric Wasserstrom, Broadening Financial Services Coverage

NEW YORK, Sept. 3, 2014 /PRNewswire/ -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced the hiring of veteran equity analyst Eric Wasserstrom as a managing director and senior equity analyst.

Mr. Wasserstrom will begin work in November in New York, covering universal banks, broker-dealers and specialty finance firms. He will join the financial services research team that includes David Darst (regional banks and payments), Bijan Moazami (property/casualty insurance), Taylor Brodarick (community banks) and Rahul Agarwal (business development companies).

"Eric's comprehensive grasp of the financial services sector is informed by long experience in the industry, including a stint as a banking regulator," said Dante Ferrarie, Senior Managing Director at Guggenheim Securities. "The equity research team he joins is complemented by the financial services policy research insights of Jaret Seiberg in Washington, D.C."

Mr. Wasserstrom for the last two years has been a managing director and senior analyst at SunTrust Robinson Humphrey in New York, heading research in the financial institutions sector. Earlier, he worked for three years in investment management and for nine years as an analyst with UBS Securities in New York. He began his career with two years as a bank examiner with the Federal Reserve Bank of New York. Mr. Wasserstrom also has been ranked seven times in Institutional Investor's "All-America Research Team."

He graduated with a B.A. in History, summa cum laude and Phi Beta Kappa, from Tufts University.

Guggenheim Securities' research capabilities have been expanding in other key sectors besides financial services, including healthcare and technology/media/telecom. For example, Charles "Tony" Butler joined Guggenheim Securities in August as a managing director and senior equity analyst, covering biotech/biopharma.

About Guggenheim Partners

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SOURCE Guggenheim Partners