Detwiler Fenton announced the formation of an investment banking group with the addition of three bankers to pursue new business opportunities. Patrick A. Daly, Managing Director is focused on financial advisory and capital raising activities across a spectrum of industries. Prior to Detwiler, he was a Managing Director at Monarch Bay Securities.

In addition to his investment banking experience he was CEO and CFO of a renewable energy development and construction firm focused on solar power development. David A. Walters has joined as a Managing Director, prior to which he co-founded Monarch Bay Securities. Prior to this, Mr. Walters was EVP and Managing Director in charge of Capital Markets for Roth Capital as well as a member of the Board.

Mario B. Shane has joined as a Managing Director, prior to which he was Managing Director at Monarch Bay Securities, LLC in Newport Beach, CA. Mr. Shane has over 25 years of financial advisory experience. He was Sr. Vice President and Director of Research Sales for Capital Institutional Services in Dallas.

John A. Doane is a Managing Director and joined Detwiler Fenton in 2008. He is responsible for raising equity and debt for client companies in the Real Estate, Energy, Oil & Gas industries as well as other special situations. Prior to joining Detwiler Fenton, John spent 8 years with StoneGate Partners.