 |
 | |
| Formerly | Cowen Inc. |
|---|---|
| Company type | Division |
| Nasdaq: COWN (2006–2023) | |
| Industry | Financial services |
| Founded | 1918 |
| Headquarters | , |
Key people | |
| Products | |
| Revenue |  US$1.28 billion (2022) |
| US$76.6 million (2022) | |
| US$76.5 million (2022) | |
| AUM | US$14.5 billion (2022) |
| Total assets |  US$8.83 billion (2022) |
| Total equity | US$1.06 billion (2022) |
Number of employees | 1,534 (2022) |
| Parent | TD Securities[1][2] |
| Website | cowen |
| Footnotes / references [3] | |
TD Cowen (formerly Cowen Inc.), is an American multinational investment bank and financial services division of TD Securities that operates through two business segments: a broker-dealer and an investment management division.[4]
The company's broker-dealer division offers investment banking services, equity and credit research, sales and trading, prime brokerage, outsourced trading, global clearing and commission management services.
Cowen's investment management segment offers actively managed alternative investment products. Founded in 1918, the firm is headquartered in New York and has offices worldwide. Cowen claims it is known for successfully identifying emerging industries early on, especially the emerging cannabis industry.[5]
Toronto-Dominion Bank acquired Cowen for US$1.3 billion in March 2023. The company was then rebranded as TD Cowen and became a division of TD Securities.[1][6]
- ^ a b "Canada's TD Bank to buy U.S. brokerage Cowen in $1.3 billion deal". CNBC. Retrieved 2022-08-02.
- ^ "TD completes acquisition of Cowen Inc". TD Mediaroom (Press release). 2023-03-01.
- ^ "Cowen, Inc. Annual Report 2022 (Form 10-K)". U.S. Securities and Exchange Commission. 28 February 2023.
- ^ "Cowen Announces New Brand Identity" (Press release). Business Wire. May 16, 2017.
- ^ "Cannabis: $75B Opportunity". Retrieved 2018-10-20.
- ^ "TD completes acquisition of Cowen Inc". TD Mediaroom (Press release). 2023-03-01.