Keefe, Bruyette & Woods has a new director of research.
The New York investment bank, which is part of Stifel Financial, said in a press release Monday that it had promoted Matt Kelley. He succeeded Fred Cannon, who retired earlier this year.
“With significant buy-side and sell-side equity research experience, Matt is eminently qualified for the position,” Thomas Michaud, KBW’s president and CEO, said in the release. “We are confident he will build on the firm’s reputation for research excellence.”
Kelley served as a principal and director of researchat Sirios Capital Management from 2016 to 2021, where he led strategic development and thought leadership. He also managed the firm’s summer associate and associate analyst programs.
Kelly was vice president of corporate strategy at Affiliated Managers Group, where he was responsible for creating and developing the firm’s thought leadership presence.
He has also been a research analyst at Morgan Stanley and Citigroup.