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Sandler O'Neill and Partners

 
Hoover's Profile: Sandler O'Neill + Partners, L.P.
Contact Information
Sandler O'Neill + Partners, L.P.
919 Third Ave., 6th Fl.
New York, NY 10022
NY Tel. 212-466-7800
Toll Free 800-635-6851
Fax 212-466-7888

Type: Private
On the web: http://www.sandleroneill.com
Employees: 262

Sandler O'Neill + Partners is where banks can go to do their banking. The boutique investment bank focuses on the financial services sectors, offering a wide range of services, such as mergers and acquisitions advisory, IPO underwriting, and capital raising. It also handles the demutualization process for insurance companies and thrifts. Sandler O'Neill provides its clients with research, trading, and sales services for bonds and securities of financial services firms. It lost more than a third of its employees -- including co-founder Herman Sandler -- in the 2001 terrorist attacks on the World Trade Center, but has persevered. The firm was founded in 1988.

Key numbers for fiscal year ending December, 2008:
Sales: $24.9M

Officers:
Senior Managing Principal: James J. (Jimmy) Dunne III
Managing Principal, COO and CFO: May F. Della Pietra
Principal Technology: Jeffrey T. Raitz

Competitors:
Arlington Asset Investment
KBW
William Blair

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Wikipedia: Sandler O'Neill and Partners
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Sandler O'Neill + Partners, L.P. ("SOP") is a New York City-based investment banking firm. It was founded by Thomas F. O'Neill and Herman S. Sandler in 1988. Located on the 104th floor of Two World Trade Center, it lost 68 of 177 employees in the September 11, 2001 attacks, including chief executive and co-founder Herman Sandler. Only 17 of SOP's World Trade Center employees escaped the tower's destruction.

The company lost its entire computer system in the destruction.[1] However, by 17 September 2001 the company announced it was open for business, operating from two locations. One space was donated by Bank of America Securities, and the other was Sandler O'Neill Asset Management's office. By 22 October the company had secured a new headquarters location in Manhattan, and had hired 13 new employees.

SOP maintains offices in New York City, Atlanta, Boston, Chicago, and San Francisco. Sandler O’Neill Mortgage Finance L.P. has offices in New York and Memphis.

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