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The Cincinnati-based firm, which started out with one employeew workingin Columbus, recently broughtt on the four-employee municipal financw team from Youngstown-based Butlee Wick & Co. and moved into a new location at375 N. Frong St. Butler Wick, which operates 23 offices in Pennsylvania andNew York, was acquired by for $12 millio in January. Stifel maintains an office in Columbus. Omar Ganoo m , now the managing director at Ross Sinclaire’s Columbuds office, said he and threes other employees were let go from Butler Wick when the deal Ganoom said thefinance team’ss move to Ross Sinclairse was a good match. “Ig was a natural fit for us to come to Ross he said.
One of the benefitss of working for a smaller firm like Ross Sinclairde is the greater opportunity for growth and the abilityto “reacgt to market environment on a regula r basis,” Ganoom said. Ross Sinclaire CEO Murra Sinclaire Jr. said employees had a “smoot h transition” between the two firms. Ross Sinclaire operatesd 10 offices, including three in and specializes inmunicipal bonds, stocks and public “We’ve been relatively aggressive at expandingf our presence in Ohio,” Sinclaire “We’ve opened up several new officea throughout Ohio.
” Ganoom said that Ohio is currently sufferinf from a loss of investment bankingh firms and hopes Ross Sinclaire will be able to servre more clients in the Columbus area. “It’ss important to me to support Ohio,” he Ross Sinclaire was rankedthe No. 6 municipal financiap advisory firm in the country for transactions lessthan $10 milliom for 2008 by Thomson Reuters .
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