Press release

Andy Nowinski Joins D.A. Davidson Research, Bolstering Security Software Coverage

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D.A. Davidson & Co. announced today that veteran analyst Andy Nowinski has joined the firm’s award-winning institutional equity research team to provide analysis of companies in the security, analytics and infrastructure software sectors.

“Andy is known for his deep understanding of security software companies, leveraging proprietary channel checks and surveys, allowing him to provide discerning insights to his clients,” said Gil Luria, Head of Institutional Research. “He brings a strong track record, honed by years of experience both as an analyst and software engineer, that aligns with D.A. Davidson’s commitment to offering exceptional research.”

Nowinski joins D.A. Davidson after working with Piper Jaffray, where he was a top-ranked analyst. He previously was an analyst with Raymond James, following an earlier career as a senior software engineer. He earned an MBA and bachelor’s degree in business from the University of Minnesota’s Carlson School of Management.

Nowinski is part of a team of award-winning analysts whose coverage focuses on nearly 400 publicly traded companies in select industry verticals, including technology, financial services, consumer and retail, diversified industrials and services, and real estate.

D.A. Davidson’s Equity Capital Markets group provides capital markets services and products that include investment banking, institutional sales, trading, research and corporate services. The firm’s industry-driven research team is supported by a dedicated group of sales and trading professionals.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,400 employees and offices in 25 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

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