Broker Ross Sinclaire expands in Columbus - Business Courier of Cincinnati:

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The Cincinnati-based firm, whicuh started out with one employee workinhgin Columbus, recently brought on the four-employee municipal finance team from Youngstown-based Butler Wick Co. and moved into a new locationm at375 N. Fronrt St. Butler Wick, which operatex 23 offices in Ohio, Pennsylvania and New York, was acquired by for $12 milliohn in January. Stifel maintains an office in Columbus. Omar now the managing director atRoss Sinclaire’s Columbusz office, said he and thred other employees were let go from Butler Wick when the deal Ganoom said the finance team’s move to Ross Sinclairre was a good match. “It was a natural fit for us to come to Ross he said.
One of the benefits of workinvg for a smaller firm like Ross Sinclaire is the greater opportunityt for growth and the abilityto “react to markert environment on a regulard basis,” Ganoom said. Ross Sinclaire CEO Murray Sinclairwe Jr. said employees had a “smooth transition” betweenh the two firms. Ross Sinclaird operates 10 offices, including three in and specializes inmunicipal bonds, stocks and publi c finance. “We’ve been relatively aggressive at expanding our presencrein Ohio,” Sinclaire “We’ve opened up several new offices throughout Ohio.
” Ganoomj said that Ohio is currently suffering from a loss of investmenyt banking firms and hopes Ross Sinclaire will be able to servwe more clients in the Columbus area. “It’s important to me to supporg Ohio,” he said. Ross Sinclaire was ranked the No. 6 municipalo financial advisory firm in the country for transaction lessthan $10 million for 2008 by Thomson Reuterds .