HilltopSecurities Expands Midwest Presence with Additional Hires in New St. Paul, Minnesota, Location

Hilltop Securities Inc. (HilltopSecurities) recently welcomed Senior Vice President Patrick “Pat” Toutant as Private Client Group branch manager in St. Paul, Minnesota, marking the latest in a series of hires as the company increases its Midwest presence.

Toutant is among several recent additions in HilltopSecurities’ new St. Paul location which opened on June 15 at 30 East 7^th Street, Suite 260. The firm established its presence in St. Paul last year with the addition of Teresa Aguilera, head of HilltopSecurities’ Strategic and Risk Management, before welcoming Director Louis Martine in its asset management division, Managing Director David Holleran as Head of Finance and Strategy in its public finance division, Senior Vice President Dan Steffes and Client Service Associate Martin Binn in its Private Client Group, Managing Director Doug Jones in its Fixed Income Capital Markets division, and Quantitative Risk Analyst Michael Johnson.

HilltopSecurities President and CEO Brad Winges, who joined the firm in 2018 from Minneapolis-based Piper Jaffray, has been instrumental in HilltopSecurities’ expansion into the area. HilltopSecurities’ sister company, PrimeLending, a leading nationwide mortgage originator, also has six locations in Minnesota, including two in the Minneapolis-St. Paul area.

“I lived and worked in the Minneapolis-St. Paul area for many years and I’m excited about our growing presence in this important market,” Winges said. “As one of the nation’s leading municipal investment banks, HilltopSecurities is actively expanding in markets across the country, including a growing presence in the Midwest. With representatives of our firm’s wealth management and municipal asset management businesses in our new St. Paul location, we look forward to further building our brand in the Twin Cities.”

About Patrick Toutant

Toutant joined HilltopSecurities from Piper Jaffray where he served as a principal in fixed income services and manager of the company’s private client fixed income platform. He has 40 years of experience in the financial services industry, previously serving with Oak Ridge Financial and Stifel Nicolaus. He is a graduate of the University of St. Thomas, in addition to the Securities Industry Institute and Financial Consultant program through the University of Pennsylvania’s Wharton School.