First Analysis Securities investment banking team

Our seasoned banking team brings significant industry and transaction expertise to each assignment and is fully committed to achieving superior results for our clients. We believe each transaction is unique and provide a team of senior level bankers to execute on behalf of our clients. Our banking team has significant domain expertise, transaction experience and relationships with leading companies and investors to complete a wide range of public offerings, private placements and M&A advisory services.

Matthew  Nicklin

Matt Nicklin is a managing director and head of investment banking. Prior to joining First Analysis in 2010, Matt spent 10 years at William Blair & Co. as a key member of its technology and healthcare corporate finance practices, where he completed over 70 M&A and equity financing transactions. Before beginning his investment banking career in 2000, Matt studied marine ecology as a doctoral candidate for three years at Northeastern University in Boston. Earlier, he held lab and patient care technician positions at the University of Chicago and Northwestern Memorial Hospital. Matt earned an MBA from the University of Chicago and a bachelor’s degree in biology from Lehigh University.

Michael  Siemplenski

Michael Siemplenski is a managing director. From 1985 to 1995, he was responsible for domestic institutional sales management. Prior to joining First Analysis in 1983 as an institutional salesperson, he marketed general business computer systems, terminal systems, and computer-aided design systems for Burroughs, ITT Courier, and Sanders Associates, respectively. He earned an MBA in marketing and information systems from the University of Illinois and a bachelor’s degree in political science from Northern Illinois University. He has taught computer science at the undergraduate level and has published in the Journal of Industrial Marketing Management.

Brian  Friedman

Brian Friedman is a managing director in investment banking. Prior to joining First Analysis in 2010, he was an executive vice president and co-head of investment banking at National Securities Corp. since 1997, where he managed more than 40 capital markets and M&A transactions in a diverse range of industries, including health care, energy and clean tech, technology, and financial services. As a founder and managing director of Robotics Ventures, a subsidiary of National Securities, he was in charge of analyzing target companies, securing exclusive relationships with top industry experts, and raising venture capital. Previously, he was an associate at Liberty Hampshire Co., a boutique investment firm where he worked on debt and equity proposals. He holds a bachelor’s degree in finance from the University of Iowa and a J.D./MBA from IIT Chicago Kent College of Law.

Richard  Conklin

Rick Conklin is a managing director in investment banking. Prior to joining First Analysis in 2012, he spent four years as a managing director at Robert W. Baird & Co., where he headed the firm’s private placement efforts and equity capital markets coverage of the real estate and industrial sectors. Prior to Baird, he was a principal at William Blair & Co., where he spent seven years managing the firm’s efforts in capital raising for small-cap public companies across industry groups. He also spent seven years combined in the real estate industry, most recently as managing director of investment management at ProLogis and senior vice president and head of equity capital markets at Jones Lang LaSalle. He has completed over 100 M&A, private placement, and public offering transactions with a gross value in excess of $15 billion. He holds a bachelor's degree in economics from the University of Notre Dame and an MBA in finance from the Wharton School of the University of Pennsylvania.

Eric  Terhorst

Eric Terhorst is a senior vice president specializing in corporate finance activities in the chemistry-enabled sector. Prior to joining First Analysis in 2000, he worked for sixteen years in engineering and management consulting, based in San Francisco and Vancouver. His work involved primarily manufacturing firms, including semiconductor equipment and device makers, and electronics, petrochemical, mining, energy, pulp and paper, and aerospace industry firms in the U.S. and Canada. He earned a master's degree in chemical engineering from Stanford University, another master's degree in industrial administration from Purdue University, and a bachelor's degree in chemistry and environmental engineering from California Polytechnic State University.

Joshua  Moses

Joshua Moses is a managing director in the investment banking group. Prior to joining First Analysis in 2012, he had four years of corporate finance experience with Lincoln International and William Blair & Co., where he worked on M&A and capital raise transactions. He has experience in a wide variety of industries, including healthcare, business services, industrials, automotive, and retail. Before beginning his investment banking career in 2008, Joshua worked in prime brokerage and technology sales. He earned an MBA from the Kellogg School of Management at Northwestern University and a bachelor’s degree in history from the University of Chicago.

Ben  Stumpf

Ben Stumpf is a Senior Analyst with First Analysis. Prior to joining the firm in 2018, he spent over two years with EdgePoint Capital, a boutique investment bank, where he was responsible for transaction execution activities and supporting the client management function. He previously worked for two regional accounting firms in both auditing and due diligence capacities. Mr. Stumpf graduated from the University of Dayton with his MBA and bachelor degrees in both accounting and finance. Additionally, he has earned his CPA license and passed the CFA Level I exam, as well as the Accredited in Business Valuation exam.

Michael  McNeil

Michael McNeil is an analyst with First Analysis. Prior to joining the firm in 2017, he spent three years working for Huron Consulting Group, where he enhanced his clients’ financial modeling capabilities. He has experience in basic materials, financial services, utilities, retail, airlines, and energy. He graduated from the University of Wisconsin–Madison’s School of Business with a bachelor’s degree in finance, investment and banking. He is also a CFA Level II candidate.

Christopher  Stiegal

Christopher Stiegal is an analyst with First Analysis. Prior to joining First Analysis in 2017, he spent a year at Heartland Angels, where he focused on financial analysis, due diligence, and valuation analysis. Before beginning his career in finance, he spent his collegiate years jumpstarting and founding a million dollar construction company and a technology startup. He earned a bachelor’s degree in accounting from the University of Illinois at Urbana-Champaign.

First Analysis Securities Corp. (FASC) is a registered broker/dealer with FINRA and member SIPC.