Boenning & Scattergood Announces Addition of Dan Cardenas as Research Analyst Covering Banks & Thrifts

WEST CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Boenning & Scattergood, Inc., a full-service brokerage, wealth management, and capital markets firm established in 1914, is pleased to announce that Dan Cardenas has joined its equity research team as Director, Senior Analyst covering Banks & Thrifts.

We are thrilled to welcome Dan to the research team,” stated Ryan Connors, Director of Research at Boenning & Scattergood. “Banks & Thrifts is a core industry vertical for our firm, and Dan’s extensive experience in the space will provide both our retail and institutional clients with timely industry insights and actionable investment ideas.”

Prior to joining Boenning & Scattergood, Mr. Cardenas served for nine years as a Senior Research Analyst at Raymond James Financial, where he was responsible for providing equity research coverage on financial institutions primarily located in the Midwest and Southeast. Mr. Cardenas started his career in equity research in 1993 at Howe Barnes Hoefer & Arnett, where he developed and led the equity research efforts for the firm for close to 20 years. Earlier in his career, he was an Examiner with the Federal Reserve Bank of Chicago.

Boenning & Scattergood is committed to our presence in the Community Bank sector, and we’re investing the necessary resources to ensure our clients have access to the best subject matter experts providing unbiased recommendations to help them navigate the constantly changing industry and economic landscape,” commented Andrew Maddaloni, Head of Equities at Boenning & Scattergood.

I am very pleased to be joining the outstanding team at Boenning. The firm is strongly committed to the banking industry, and I look forward to providing quality research to bank stock investors in the years ahead,” said Dan Cardenas.

About Boenning & Scattergood, Inc.

Established in 1914, Boenning & Scattergood, Inc. is one of the oldest independent regional securities, wealth management, and investment banking firms in the country. Professionals at the firm provide individual investors, corporate and municipal clients, and institutions a full complement of financial services, including brokerage, wealth management, equity research, equity and fixed income sales and trading, investment banking, public finance, equity option strategy, and asset management. For more information, please visit Member FINRA / SIPC.


Andrew Maddaloni

Head of Equities

Boenning & Scattergood, Inc.


Jennifer Weintraub

Director, Marketing

Boenning & Scattergood, Inc.


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