EQUITY

The mission of the Equity division is to proactively identify, develop, and position proprietary ideas that capitalize on our industry and product knowledge, impact the investment process, and create value for our clients and our shareholders.

The components of our services include:

• A focused equity research platform
• An institutional sales force with in-depth sales knowledge and proven distribution capabilities for growing companies
• Solid trading infrastructure with a commitment to consistent and strong market making 
• An origination team that has proven itself over the years through its client focused approach and delivered superior execution
• Established capabilities in originating and trading a variety of equity structured products

Demonstrated Expertise

• Ranked 12th in equity underwriting in 2005 with full credit to each manager
• Completed 120 deals raising over $37.billion as of 12/31/05
• Combined with Prudential to create the 3rd largest retail brokerage firm in the U.S with over $685 billion in client assets
• Extensive IPO, follow-on, and block trade experience with traditional and expedited transactions
• Consistently a top-five trader in Wachovia managed offerings, thereby facilitating a liquid secondary market for our issuers

Related Products and Services
•Capital Markets
•Sales and Trading
•Risk Management
•Lending and Financing
•Cash Management and Deposit Services
•International Banking

Corporate & Institutional Customer Service