Montgomery, Alabama
Stifel’s Montgomery office of public finance has a history dating back to 1987, when Merchant Capital was founded. Stifel acquired Merchant Capital in 2014, after the firm had grown to be the largest Alabama headquartered investment banking firm in municipal finance and held that distinction for 20 years. The entire Merchant Capital banking team joined Stifel, bringing a wealth of experience and relationships with public and corporate issuers of municipal debt. The bankers in the Montgomery office have assisted a multitude of issuers in project financings for K-12 education, general government, water/sewer/power utilities, higher education, cooperative districts, healthcare, industrial/commercial development, and many other purposes. In addition to serving the regions public finance needs, Stifel’s Montgomery office leads the company’s national affordable housing practice.
Public Finance Team

Reid Cavnar, Managing Director
cavnarr@stifel.com | (334) 834-5100
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David Coyne, Director
coyned@stifel.com | (334) 834-5100
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Mike P Dunn, Managing Director
dunnmi@stifel.com | (334) 834-5100
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Ken Funderburk, Managing Director
funderburkk@stifel.com | (334) 834-5100
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Thomas Harris, Sr. Managing Director
harristh@stifel.com | (334) 834-5100
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John Rucker, Managing Director
ruckerj@stifel.com | (334) 834-5100
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Ty Tyson, Director
tysont@stifel.com | (334) 834-5100
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Cody Wilson, Managing Director
wilsonco@stifel.com | (404) 504-2785
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2660 Eastchase Lane, Suite 400
Montgomery, AL 36117
(334) 834-5100