Reznick Capital Markets Affiliates with CohnReznick
Reznick Capital Markets Securities is now an associated entity of the CohnReznick which is a tax accounting and consultancy firm. Its name has formally been changed to CohnReznick Capital Markets Securities.
The accountancy firms, Reznick Group and J.H. Cohn, combined to become CohnReznick in 2012 which is now one of the leading accounting firms. But Reznick Capital Markets (registered with SEC broker dealer) Securities has maintained its unique identity until now.
Apart from changed name the firm also declared expanding its investment banking advisory services and its diversified client base.
Rob Sternthal, the president of CohnReznick Capital Markets, stated that he is happy to be associated with the CohnReznick. He added that being affiliated with such a high quality firm enables them to move forward with their mission to offer value to their own clients while offering opportunities to earn above market return to the investors.
Since its foundation in 2008, Reznick Capital Markets Securities has managed more than three billion dollars in corporate and asset funding, mainly in the renewable energy segment. Currently 19 officials have been included in the investment banking teams based in six offices across United States with head office in New York. The team is anticipated to grow further in order to assist the expected expansion of the services.
Previously the entity has specialized in the real estate and renewable energy sectors whereas after affiliation, the firm is focused on expanding the capabilities and resources to provide services to a wide range of middle marketed entities that align better with the different sectors that CohnReznick serves. The CohnReznick Capital Markets Securities is further able to team up with the transaction, valuation, tax and audit sections of the firm.
The co-CEO of the CohnReznick, Ken Baggett, stated that the affiliation with the CohnReznick Capital Markets and introduction of their resources to the new clients enable them to remain committed to provide the best services to middle marketed companies with capital formation and liquidity needs.