History

Sandler O’Neill + Partners, L.P., was founded in 1988 by senior executives from major Wall Street firms committed to building a new kind of firm focused on a deeper level of service to community banks.

A common thread binding the firm’s founders and today’s employees and principals is a deep understanding of balance sheets and portfolio construction.

Over time, the firm has developed new services, and broadened existing ones, to become a full-service investment banking firm. We have added human capital, both by hiring and developing talented young people from academic programs, and by welcoming seasoned financial professionals who want to be a part of the culture of service, focus and passion at Sandler O’Neill.

Sandler O’Neill consists of about 300 financial professionals. In addition to our headquarters in New York City, we have offices in Boston, Chicago, San Francisco and Atlanta. We also have a mortgage finance operation and a registered investment advisor, Sandler O’Neill Advisors, L.P.

Now in its third decade, the firm has remained true to its disciplined focus on financial companies, and our expertise continues to grow. Our commitment to the highest level of customer service has made us a market leader in each of our core businesses. Our structure and unique culture allow us to draw resources from multiple parts of our firm to craft creative solutions to meet increasingly complex client needs.

Along the way, we have overcome challenges and tremendous loss. On September 11, 2001 we lost 66 of our 171 partners and employees in the terrorist attacks that destroyed the World Trade Center. Among them were Herman Sandler, one of our founders, and Chris Quackenbush, who started our investment banking practice. We mourn the loss of our colleagues each day, but draw strength and resolve from our memories of them.

The firm has benefited from the strength of those who survived, including Senior Managing Principals Jimmy Dunne and Jon Doyle, Managing Principals May Della Pietra and Fred Price, and the dedicated service of the more than 250 people who have joined us in a growth phase that has seen us add clients and services and touch more sectors within financial services than ever before.

Today we remain a privately held firm, which frees us to concentrate fully on helping clients grow their businesses for the long term. While we have never lost our focus on community banks and thrifts, we have grown along with our clients, and are now a leading expert in advising regional, national and international companies.