Raymond James hires Dan Connolly to lead Technology & Services Investment Banking
ST. PETERSBURG, Fla. – Raymond James today announced that Dan Connolly has joined the firm's Investment Banking division as senior managing director and head of Technology & Services Investment Banking. Connolly will oversee the strategic direction and continued growth of the firm's Technology & Services platform, leveraging his extensive experience and industry relationships to strengthen the team’s advisory offering.
This hiring reflects Raymond James' ongoing investment in its Technology & Services practice and commitment to delivering differentiated insights, strategic guidance and execution expertise to clients across the sector.
"Dan’s arrival marks an important step in the continued evolution of our Technology & Services platform. He brings exceptional industry knowledge, a distinguished advisory track record and deep relationships across the technology ecosystem," said Steve Hufford, senior managing director and head of Investment Banking at Raymond James. "His leadership will be instrumental as we continue to enhance our advisory capabilities and build on the strong momentum of our Technology & Services franchise.”
Connolly joins Raymond James with nearly three decades of investment banking experience and an impressive track record advising technology companies and financial sponsors. His addition further strengthens the group’s senior leadership and underscores the firm's commitment to delivering specialized industry insight and strategic advice across the technology landscape.
"Raymond James has built a highly regarded Technology & Services Investment Banking platform distinguished by its deep roster of senior bankers with in-depth sector expertise, longstanding corporate and private equity relationships, and a consistent track record of delivering successful outcomes for their clients," Connolly said. "The team is well positioned to build on its momentum, and I look forward to guiding the group through its next phase of growth while continuing to deliver the thoughtful advice and execution excellence that our clients value."
Prior to joining Raymond James, Connolly spent 27 years at William Blair. During his tenure, he held several leadership positions, including co-head of global M&A, global head of technology M&A, global head of software investment banking and co-founding member of the technology investment banking team. Over the course of his career, he has completed more than 300 public and private M&A transactions and financings.
Connolly earned a Bachelor of Business Administration from the University of Notre Dame and an MBA from Harvard Business School. He is based in Chicago.
About Raymond James Investment Banking
Raymond James Investment Banking provides highly regarded capital formation and financial advisory services to corporate, private and financial sponsor clients across a broad range of industries. Backed by over 750 investment banking professionals across more than 20 offices in the U.S., Canada, the United Kingdom and Europe, the platform offers clients significant scale and global reach. With deep sector expertise, broad product capabilities and a client-focused culture, the firm is defined by an unwavering commitment to delivering the advice, solutions and execution clients need to achieve their strategic objectives. Since 2021, Raymond James Investment Banking has participated in raising approximately $400 billion in capital for corporate clients and completed more than 1,100 advisory assignments, including 900 M&A buy-side or sell-side advisory assignments.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Total client assets are $1.97 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.
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