D.A. Davidson Names Tom Diffely as Director of Institutional Research and Adds Hans Chung as Senior Research Analyst

Firm continues to focus on strengthening its robust research coverage

D.A. Davidson & Co. announced today that the firm has named Tom Diffely, CFA, as director of institutional research and added Hans Chung, CFA, as senior research analyst expanding the firm’s technology coverage in hardware.

Diffely has been part of D.A. Davidson’s Institutional Research group for over 12 years most recently serving as a senior research analyst covering semicap, laser and optical technology. He is preceded by Gil Luria who served as director of research for D.A. Davidson for nearly five years. Gil will remain with the firm as a technology strategist.

“Tom brings a steady hand to everything he does and approaches all matters in a disciplined, thoughtful manner,” said Monte Giese, president of D.A. Davidson Equity Capital Markets. “As the director of research, he will use those skills to continue to elevate our entire research team and our ECM group as a whole. We are grateful for the contribution Gil has made in the role over the last five years and are looking forward to his next phase where his efforts will be critical in solidifying our firm as a thought leader in technology.”

“I am honored to take on this role and continue to build upon the success our group has achieved under Gil’s leadership,” said Diffely. “We remain committed to providing innovative research and building meaningful relationships across the industries we serve as showcased with the addition of Hans Chung. Hans is known for his insightful research product and is an important component in expanding our presence across multiple technology markets.”

Chung joins D.A. Davidson with 11 years of experience, most recently serving as vice president, senior research analyst with KeyBanc’s Capital Markets group where he covered semiconductors and China internet. He earned a master’s of business administration degree from the University of Michigan, Ross School of Business, a master’s of science degree in electrical engineering from the University of Michigan and a bachelor’s degree in electrical engineering from the National Taiwan University.

D.A. Davidson’s award-winning institutional research team consists of 19 research analysts that provide coverage of approximately 385 publicly traded companies across four core industry verticals. D.A. Davidson’s Equity Capital Markets group provides capital markets services and products that include investment banking, institutional sales, trading, research and corporate services. The firm’s industry-driven research team is supported by a dedicated group of sales and trading professionals.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,475 employees and offices in 28 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

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