Stone & Youngberg opens new Albany office

Stone & Youngberg has opened its 11th office nationwide. Jeff Hyman, a managing director in Stone & Youngberg's Public Finance Group, will head up the new office. Since the New YorkCity office, now the second-largest Stone & Youngberg office in the country, opened in 2004, business in the region has been steadily growing. The new offic presents opportunities for further growth in the northeast. "We've been staffing up in the northeast and we see great opportunity in this environment to build the business and accelerate growth," said Ramiro Albarran, a managing director in the Public Finance Group at Stone & Youngberg, based in New York City. "The Albany office puts us in close proximity to many of the state's institutional clients, allowing us to provide greater service while strengthening the firm's ability to do business in the northeast." The new office will be located at 677 Broadway, Suite 1202. Office members can be reached by calling Stone & Youngberg at (518) 431-0900. Stone & Youngberg, founded in 1931, is one of the oldest private investment banks operating in the U.S. The firm offers underwriting, advisory, and investment services across the country to state and local governments, non-profit organizations, and institutional and private investor clients through its offices in San Francisco, Los Angeles, San Diego, New York, Chicago, Phoenix, Albany, N.Y., Richmond, Va., Annapolis, Md., and Big Bear Lake, Calif. For more information on the Stone & Youngberg, visit www.syllc.com Stone & Youngberg Holdings LLC is a financial services company providing a range of products and services through two subsidiary businesses. Stone & Youngberg LLC, founded in 1931 and member FINRA/SIPC, specializes in the origination and sale of fixed-income securities. The firm led or co-managed the sale of 978 municipal bond issues totaling $20.4 billion over the past five years.1 In addition to bond underwriting and sales, Stone & Youngberg provides investment services to individuals, institutions, and government agencies and offers a wide variety of tax-exempt and taxable securities. S&Y Capital Group LLC is a private real estate investment, development, and consulting company. Stone & Youngberg has offices in San Francisco, Los Angeles, San Diego, New York, Chicago, Phoenix, Albany, NY, Richmond, VA, Annapolis, MD, and Big Bear Lake, CA. Additional information is available at www.syllc.com or by calling 800-447-8663. ¹ Based on number of bond issues 2004-2008, 2009 year-to-date, Thomson Reuters 2009