TD Cowen — BrandWiki

TD Cowen

Overview

TD Cowen

former name	Cowen Inc.
type	Division
industry	Financial services
traded as	(2006–2023)
foundation	1918
location city	599 Lexington Avenue New York City
location country	United States
key people	Jeffrey M. Solomon (CEO) John Holmes (COO) Stephen A. Lasota (CFO) Tom Strauss (vice chairman)
products	Investment bank Markets Research Investment management Outsourced Trading Prime brokerage Emerging markets Alternative Investments
revenue	US$1.28 billion (2022)
operating income	US$76.6 million (2022)
net income	US$76.5 million (2022)
assets	US$8.83 billion (2022)
equity	US$1.06 billion (2022)
num employees	1,534
num employees year	2022
parent	TD Securities‡R1R‡‡R2R‡
aum	US$14.5 billion (2022)
homepage	cowen.com
footnotes	‡R3R‡

TD Cowen (formerly Cowen Inc.), is an American multinational investment bank and financial services division of TD Securities that operates through two business segments: a broker-dealer and an investment management division.[4]

The company's broker-dealer division offers investment banking services, equity and credit research, sales and trading, prime brokerage, outsourced trading, global clearing and commission management services.

Cowen's investment management segment offers actively managed alternative investment products. Founded in 1918, the firm is headquartered in New York and has offices worldwide. Cowen claims it is known for successfully identifying emerging industries early on, especially the emerging cannabis industry.[5]

Toronto-Dominion Bank acquired Cowen for US$1.3 billion in March 2023. The company was then rebranded as TD Cowen and became a division of TD Securities.[1][6]

TD Cowen

History

Growth acquisitions

Operations

Cowen and Company

Cowen Investment Management

See also

External links

References