NEW YORK CITY, May 31, 2016 – Richard L. Quad, Senior Managing Director and Co-Head of Griffin Financial Group’s Financial Institutions Group, was part of a panel on merger and acquisitions at the New Jersey Bankers Annual Conference held May 11-15, 2016, in Scottsdale, AZ.
Mr. Quad is a trusted advisor to banking executives and Boards of Directors of community banks throughout the Eastern United States. He provides investment banking services to financial institution clients, including sell-side, buy-side, capital markets and related strategic and valuation services.
Recently, Mr. Quad has advised Merchants Bancshares, Inc. on its acquisition of NUVO Bank & Trust, Connecticut River Bancorp, Inc. on its sale to Mascoma Savings Bank, CNB Financial Corporation on its acquisition of FC Bank Corp., and has advised Lake Sunapee Bank Group in its acquisition of Central Financial Corporation.
Mr. Quad has more than 24 years of experience in both investment banking and commercial banking in the Northeast. As a senior investment banker, he has successfully completed over 75 assignments for more than 35 community bank clients including common, convertible, preferred stock and subordinated debt offerings, buy-side, sell-side and FDIC receivership transactions, as well as strategic and general advisory assignments.
Prior to joining Griffin, Mr. Quad was Head of U.S. Financial Institutions M&A at RBC Capital Markets. During his 11-year tenure at RBC, he also served as Co-Head of U.S. Depository Institutions. He joined RBC in 2001 following its acquisition of Tucker Anthony Sutro, where he was a Vice President in the Financial Institutions Group.
Mr. Quad’s prior experience includes tenures with regional broker-dealer Advest, Inc., where he also worked in financial institutions investment banking, as well as with Banknorth Group, Inc., at the time a $2 billion bank holding company headquartered in Vermont, where he founded the company’s internal M&A function and coordinated the bank’s first two acquisitions.
Mr. Quad received a B.S., magna cum laude, in Business Administration with a concentration in finance from the University of Vermont and an MBA with distinction from Cornell University. He holds Series 7 and 63 licenses from FINRA.
