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PERFORMANCE TRUST ADDS PAUL STEPHENS TO INVESTMENT BANKING ROSTER

CHICAGO – March 20, 2017– Performance Trust Capital Partners has hired Paul Stephens as a Director in the Investment Banking group. In this role, he will join Dan Bass in Houston, Texas, working with the institution’s clients across the country. The addition comes at a time when Performance Trust continues to grow its service offerings throughout the United States. Stephens, an industry veteran with more than 10 years of experience, will join the organization to focus on mergers and acquisitions for banks, thrifts, asset managers, and registered investment advisors.

While Stephens will be based out of Houston, he will work with institutions across the U.S. He will assist Performance Trust clients by utilizing his extensive background in M&A and capital raising.

Stephens said there were many factors that drew him to Performance Trust: “I knew Dan Bass and had worked with him in the past, which gave me greater insight into the caliber of the group at Performance Trust and the character of the team.” He also mentioned the importance of the clients to the firm as a factor to joining, “I had attended a Performance Trust University program and learned a great deal more about the organization and their methodology. Seeing how much the firm cares about their clients’ performance and overall well-being is what separates them from others in the industry. When the opportunity presented itself, I knew it was the right decision to join.”

Stephens said he was drawn to Performance Trust by its strong foundation, rapid growth, and unparalleled attention to client performance.

Dan Bass, Managing Director of Investment Banking, said, “Knowing Paul’s work ethic and superb understanding of the industry made him stand out. I’ve known Paul for years and have worked with him before. I know how much Paul cares about his clients and that he will fit in with the Performance Trust team and our current clients.”

Stephens earned a Bachelor of Business Administration degree from the University of Texas, Austin in 2006. After graduating, he joined Carson Medlin as an Analyst, later advancing to Associate. Before joining Performance Trust, Paul was a Senior Vice President at FBR Capital Markets, covering the Southwestern U.S. for the Financial Institutions Group within Investment Banking.

About Performance Trust Capital Partners

Performance Trust Capital Partners, LLC is committed to helping financial institutions improve their long-term performance and deliver shareholder value. We teach them our Shape Management® methodology—the disciplined application of Total Return and Scenario Analysis—in order to help them better quantify and execute risk/reward decisions. By understanding the true nature of the risk/reward scenarios they are faced with, institutions will be able to make better decisions and generate wealth potential over time. For more information, go to www.performancetrust.com..

Contact
Alex Chipparoni
Performance Trust Capital Partners, LLC
312-521-1433
achipparoni@ptcp.com

Performance Trust hires experienced investment banker Gary Penrose

Marking continued expansion, 30-year veteran will spearhead Mid-Atlantic operations

CHICAGO – February 9, 2015 – Continuing to build upon the company’s recent momentum, Performance Trust this week announced the hire of Gary Penrose to head up the Investment Banking Group’s Mid-Atlantic operations. He was brought on February 2 as a managing director.

Penrose, who brings more than 30 years of community investment banking experience to Performance Trust, will provide existing and prospective clients with a wealth of knowledge in financial advisory services including mergers and acquisitions, capital raising, strategic planning, fixed income, asset/liability management and more. His principal focus will be in Virginia and surrounding states, with an added focus in Michigan.

This hire marks the fourth significant Performance Trust expansion in the last three years, with new community bank-focused investment bankers expanding operations into the Southeast earlier this year, the Pacific Northwest and Midwest in 2014, and Texas in 2012.

Penrose said the company’s culture and wide-ranging expertise – particularly its focus on improving clients’ margins and bottom lines through its educational, fixed-income and asset/liability advisory business – drew him to Performance Trust. “I have a lot of community bank clients,” Penrose said, “and they’re not all going to do mergers, they’re not all going to raise capital, they’re not all going to need strategic planning services. But what they all could use help with, even the most profitable ones, is improving their profitability potential and bottom line.”

“Performance Trust is widely respected in the financial services industry, and because it’s a high-integrity company which aims to build trusting relationships with its clients, it’s a great fit for me and a perfect opportunity to better serve my clients while continuing to offer the trust and integrity they expect and deserve,” he said. “Performance Trust is very relationship-oriented – they’re always looking to do the right thing for their clients and put their needs first."

Penrose comes to Performance Trust from Davenport & Company, where since 2007 he managed the company’s Financial Institutions Group. Prior to his time with Davenport, he was head of Financial Institutions Investment Banking at Ryan Beck – now known as Stifel Nicolaus – and managing director of Scott & Stringfellow’s – now known as BB&T Capital Markets. He started his career at Bank of Virginia, where he was a member of the Mergers and Acquisitions/Planning Department.

Penrose received his MBA from the College of William & Mary and his Bachelor of Science degree from Eastern Michigan University. He is a frequent speaker to various banking groups, banking trade associations, and bank regulatory agencies across the country and former instructor for SNL Financial’s Fundamentals of Bank Valuation.

About The Performance Trust Companies

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed in an effort to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed-income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

Contact
Robert E. Chrismer
Performance Trust Capital Partners, LLC
312-521-1127
bchrismer@performancetrust.com

Continuing growth, Performance Trust hires veteran investment bankers Jonathan W. Briggs and Jenny Day Austin

Pair will head up newly formed New Orleans office and bring synergy to nationwide operations

CHICAGO – January 29, 2015– Marking a significant milestone in the expansion of the company, Chicago-based Performance Trust Capital Partners today announced the hire of two experienced investment bankers for its newly founded New Orleans, Louisiana office. Jonathan W. Briggs was named managing director, and Jenny Day Austin joined as vice president.

Briggs and Austin will be responsible for expanding Performance Trust’s investment banking effort in the Southeast by providing community financial institutions with financial advisory services, including mergers and acquisitions, private capital raising, and other strategic planning/regulatory consulting. They also look forward to the opportunity to introduce their existing and prospective clients to the services Performance Trust offers on the fixed income and asset/liability management side.

The move comes at a time when Performance Trust is rapidly expanding. Along with the New Orleans office opening, the company launched a Houston branch in 2012 and brought on veteran investment banker Al Glowasky to lead a West Coast initiative last year.

“We’re excited about the opportunity to contribute to Performance Trust’s continued growth,” Briggs said. “Jenny and I bring to Performance Trust our strong relationships with community banks in the Southeast region and now we also will have access to the unique resources and product offerings of Performance Trust. Our goal will be to seamlessly integrate operations here with the company’s growing operations across the country.”

Austin said her decision to join Performance Trust stemmed from the fact that the company is truly devoted to fostering long-lasting relationships with the institutions it serves.

“I was instantly drawn to Performance Trust’s culture,” she said. “The firm is focused on the banking industry and it values intellectual curiosity and education not just for its employees but for its clients, too. I believe the company’s values of integrity, excellence, teamwork and results along with its disciplined analytical approach will allow us to add value for our clients.”

Along with Briggs and Austin, Performance Trust is seeking to fill an investment banking analyst position in its New Orleans office.

Boasting more than 30 years of combined professional experience, both Briggs and Austin come to Performance Trust from Chaffe and Associates, Inc., a specialized investment banking firm based in New Orleans. Briggs previously served as managing director and head of the financial institutions group, and Austin held the role of vice president of the same group.

Briggs joined Chaffe in 1997 as an investment banking analyst and was promoted multiple times with his last promotion to managing director and head of the financial institutions group occurring in 2009. He earned his bachelor’s degree in finance from the University of New Orleans, where he currently serves as an adjunct professor of bank management. Briggs is a CFA® charterholder.

Austin joined Chaffe in 2010 as an associate and was promoted to vice president in 2011. Prior to that, she worked as an associate on the financial services investment banking team at Robert W. Baird & Co. Incorporated, a human resources associate at American Capital, Ltd. and an analyst/senior analyst in investment banking for SunTrust Robinson Humphrey. Austin received a bachelor’s degree in international business from Auburn University and a master’s degree in international economics and finance from Brandeis University. Austin is a CFA® charterholder

About The Performance Trust Companies

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed in an effort to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed-income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

Contact
Robert E. Chrismer
Performance Trust Capital Partners, LLC
312-521-1127
bchrismer@performancetrust.com

PERFORMANCE TRUST WELCOMES INVESTMENT BANKER ANDREW YANG

Addition Key to Team’s Advisory and Execution Excellence

CHICAGO – September 22, 2014– Performance Trust Capital Partners announced today that Andrew Yang has joined the company as a Director in its Investment Banking Group.

“I’m excited to be part of Performance Trust’s expanding investment banking presence in the dynamic market of depository institutions.” said Yang of his new position. “I joined the firm because of its entrepreneurial culture and its commitment to client education and analytics-based decision-making. I look forward to contributing to the leadership team and continuing to do what I’m most passionate about: providing exceptional M&A execution and helping clients attain their strategic goals.”

Yang has over seven years of investment banking experience, advising various depositories and other financial institutions on mergers and acquisitions, capital management and strategic planning. Prior to joining Performance Trust, Yang was a Vice President in the Financial Institutions Group of the Investment Banking Division at Credit Suisse, working in both New York City and Chicago.

“We consider Andy’s addition to the team critical as we expand our offices in Chicago and across the nation,” said Dan Bass, Managing Director for Investment Banking. His strong analytical and client relationship skills fit well with our firm’s mission and methodologies that have long differentiated Performance Trust in its other bank advisory businesses. I am confident that Andy’s knowledge and values will contribute greatly to the insights and services we provide our clients.”

Yang earned his Bachelor of Science degree in Computer Science and Engineering at Ohio State University and his MBA, with concentrations in Finance and Economics, from the Booth School of Business at the University of Chicago.

About Performance Trust Capital Partners, LLC

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed in an effort to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed-income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

Contact
Robert E. Chrismer
Performance Trust Capital Partners, LLC
312-521-1127
bchrismer@performancetrust.com

Performance Trust Hires Veteran Investment Banker Al Glowasky to Lead New West Coast Initiative

Named Managing Director of New Regional Office

PORTLAND – January 9, 2014– Performance Trust Capital Partners announced today that Al Glowasky, who brings more than 30 years of investment banking experience, has joined the company as Managing Director in the West Coast region.

“I am thrilled to be part of Performance Trust’s expanding investment banking effort throughout the country,” said Glowasky. “Performance Trust’s dedication to educating and enabling clients to make thoughtful and sound financial performance decisions resonates very well with how I approach this business. I look forward to working with my new colleagues to expand Performance Trust’s footprint with western financial institutions.”

Leading strategic investment efforts, Glowasky will expand the company’s reach along the West Coast, offering high-level financial advisory services to institutions to help them make informed, effective decisions.

“Al’s investment banking experience is second to none in the Pacific Northwest, and we are lucky to have him on board,” said Performance Trust Managing Director Dan Bass. “As one of the most trusted advisors in the market, he has built long-lasting relationships with financial institutions across the board, and he will bring that commitment to Performance Trust.”

Glowasky comes to Performance Trust from Sandler O’Neill and Partners, L.P., an investment banking firm and broker-dealer, where he served as Managing Director in the Investment Banking Group. There, he worked with financial institutions on merger and acquisition assignments, capital raising and strategic planning. Prior to Sandler O’Neill, he worked at D.A. Davidson & Co. and Pacific Crest Securities. Glowasky began his investment banking career with Morgan Stanley in New York City.

“We are excited to expand our professional services to the West Coast, and Al’s enthusiasm will ensure we are poised for long-term success,” said Bass. “He has a disciplined, analytical approach in educating clients to make the best risk and reward decisions for their institutions.”

Glowasky holds both a Bachelor of Arts and a Master of Arts from the University of Pennsylvania, as well as a Master of Business Administration from The Wharton School of the University of Pennsylvania.

About The Performance Trust Companies

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed in an effort to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed-income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

Contact
Robert E. Chrismer
Performance Trust Capital Partners, LLC
312-521-1127
bchrismer@performancetrust.com

Dan Bass Brings Investment Banking Expertise to Performance Trust

Named Managing Director of New Houston Office

HOUSTON –December 14, 2012– Performance Trust Capital Partners announced today that Dan Bass, an investment banking expert with nearly three decades of experience in the financial services industry, has joined the company as Managing Director of its new Houston office. 

Bass will be responsible for expanding the company’s reach in the investment banking arena, and will bring Performance Trust’s disciplined analytical approach to institutional investing to new geographic markets. 

“We’re very excited to bring Dan on board,” said CEO Rich Berg. “As we grow our presence in Houston and throughout the South, Dan’s extensive industry knowledge and proven track record of completed deals make him the perfect point man to lead our foray into these new markets.” 

Bass comes to Performance Trust from FBR Capital Markets, a full-service investment bank based in Arlington, Virginia, where he served as Managing Director since 2010.  Prior to FBR, as Executive Vice President and Managing Director at Carson Medlin Investment Bankers, he consistently ranked among the top deal-makers in Texas. 

“Performance Trust is unparalleled when it comes to helping their investors understand fixed-income securities,” Bass said. “What we’re doing now is bringing another service to our clients by leveraging our banking relationships to offer investment banking services.”

Bass earned a Bachelor of Business Administration in Finance from The University of Texas, Austin, and received a Master of Science in Information Management from Marymount University in Virginia. He holds a CFA designation, is an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers and is FINRA Series 7, 24, 79 and 63 registered. He has lectured at Southern Methodist University and has presented papers at several executive seminars and conferences on topics regarding financial institution acquisition.

About The Performance Trust Companies

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed in an effort to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed-income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

Contact
Brian Battle
Performance Trust Capital Partners, LLC
312-521-1624
bbattle@performancetrust.com