D.A. Davidson Strengthens Equity Research with Construction Materials Expert
Event summary
- D.A. Davidson & Co. appointed Garik Shmois as Managing Director in its Equity Research group on July 13, 2026.
- Shmois will lead coverage of the construction materials and building products sectors.
- He brings over 20 years of experience and has been recognized by StarMine Financial Times for his earnings estimation and stock picking.
- Previously, Shmois served as Managing Director at Loop Capital Markets, heading the Industrials sector.
The big picture
D.A. Davidson's appointment of Garik Shmois underscores its commitment to strengthening its equity research capabilities in a sector facing significant volatility due to supply chain disruptions and regulatory changes. The move positions the firm to better compete with larger investment banks by offering specialized, data-driven insights. With over 1,600 employees and a presence in 30 states, D.A. Davidson is expanding its footprint in key industries.
What we're watching
- Industry Focus
- How Shmois' deep expertise in construction materials will enhance D.A. Davidson's research offerings.
- Market Integration
- Whether Shmois can effectively integrate his insights with the firm’s investment banking, sales, and trading teams.
- Client Retention
- The pace at which D.A. Davidson can leverage Shmois' reputation to attract and retain institutional clients.