Welcome to Wulff, Hansen & Co.
About Us
Wulff, Hansen & Co. is a full service investment banking and securities firm,
one of the oldest in California. Serving
a broad spectrum of investors and bond issuers, we
employ
approximately 30 professionals, divided among our San Francisco headquarters
and our branch
offices in Los Angeles, Reno, Nevada and Lodi, California. Our account executives
and
trading staff offer investment products and services designed to meet the
needs
of individual
and institutional investors while our Public Finance Group provides underwriting
and financial advisory services to public entities, private developers,
and non-profit organizations. We are also a registered investment advisor
offering
fee-based
portfolio
management through our Wulff Capital Management division.
Our Public Finance Group is very active in the California
municipal bond market, helping cities, counties, and a wide variety of
public agencies with their financing needs. Many of our new issues come
from smaller communities which, while not household names like
San Francisco
or
Los Angeles, issue bonds which can offer excellent value to investors. Our
Municipal Trading Department is very active in the secondary market,
evaluating and bidding on hundreds of seasoned California bonds every
day. These
securities, issued at some time in the past and now being resold by a
prior bondholder, provide attractive yields to our investor
clientele. If you are interested in tax-free income from bonds
issued
by local California communities, Wulff, Hansen may be your best choice.
We are one of just a handful of firms with extensive expertise in this
particular area.
History
Wulff, Hansen & Co. was founded in 1931 by an economist (Franklin
Wulff) and a mathematician (William Hansen) who worked as securities
analysts for what was then San Francisco's dominant financial institution,
the Bank of America.
When they founded Wulff, Hansen & Co., America's markets were mired
in gloom, doom, and depression. These two men believed that the collapse
in stock prices,
which began with the Crash of 1929, had gone too far. They believed in America
and in California and were convinced that the fundamental strengths of this
country would eventually bring an industrial recovery and create
tremendous opportunities
for investors. Their vision was correct, and many of the families who came
to us
in
decades
past
have
remained
our clients through two and three generations. By
continuing
this
tradition
of
providing
in-depth
advice
and
an uncommon level of personalized service, the firm has prospered for three-quarters
of a century.
Today, the company remains employee-owned and our
staff
steadfastly
pursues
the vision and optimism on which the firm was founded while strictly adhering
to
the old-fashioned
values which have served both our clients and ourselves for all these years.
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