For Immediate Release

Contacts

Steve Hall 
Stone & Youngberg LLC 
(415) 445-2656
shall@syllc.com

Kimberley Pierce
Pierce Communications Group, LLC
(510) 326-0058
kimberley@piercecommgroup.com

Jack Turner and Steve DiTursi to Co-Lead Stone & Youngberg's Taxable Fixed Income Group

San Francisco, CA (February 15, 2011)Stone & Youngberg, a leading financial services firm and the nation’s top underwriter of California and Arizona municipal bonds over the past five years1, today announced that Steve DiTursi has been promoted to co-head of theTaxable Fixed Income Group. DiTursi joins Jack Turner in leading the group; DiTursi out of the firm's New York offices and Turner from the firm's San Francisco headquarters. Turner will continue to lead taxable fixed income sales, while DiTursi will oversee taxable trading operations.

“Steve DiTursi's skills and experience in taxable trading operations, complemented by Jack Turner's expertise in sales management and recruiting, will position the Taxable Fixed Income Group for great success in the future,” said Ken Williams, president and CEO of Stone & Youngberg.

Stone & Youngberg's taxable fixed income sales and trading team is committed to providing value and liquidity for its clients.  Extending the firm’s capability as a full service broker-dealer, the taxable fixed income group complements and builds upon Stone & Youngberg’s traditional strengths in underwriting and distributing tax-exempt securities.

For more information on Stone & Youngberg, visit www.syllc.com.

About Stone & Youngberg: Stone & Youngberg Holdings LLC is a financial services company providing a range of products and services.  Stone & Youngberg LLC, founded in 1931 and member FINRA/SIPC, specializes in the origination and sale of fixed-income securities.  The firm led or co-managed the sale of 927 municipal bond issues totaling $21 billion over the past five years.1  In addition to bond underwriting and sales, Stone & Youngberg provides investment services to individuals, institutions, and government agencies and offers a wide variety of tax-exempt and taxable securities.

Additional information is available at www.syllc.com or by calling 800-447-8663.

¹ Based on number of bond issues 2006-2010, Thomson Reuters 2011