The original Craig-Hallum, Inc. was founded as a retail brokerage in New York in 1946 by Jack Robinson and was named after his brother, Craig Hallum Robinson, who died in a plane crash in 1942. In 1950, Mr. Robinson moved the firm to Minneapolis and expanded its operations to include investment banking.
Craig-Hallum, Inc. quickly became recognized as a highly reputable investment banking and brokerage firm, committed to building long term relationships. The firm managed a number of successful equity offerings for companies based in the Midwest including St. Jude Medical and Cardiac Pacemakers, which is now part of Boston Scientific. In 1992, Craig-Hallum, Inc. was acquired.
In 1997, the firm’s current management team and Mr. Robinson discussed starting a new firm under the Craig-Hallum name to focus exclusively on serving the needs of institutional investors and growth companies. The partners chose to establish the firm under the name because of the rich history and legacy it held, particularly with those companies and investors who had previously worked with the firm or its employees. Today, Craig-Hallum Capital Group is a nationally recognized firm and our principal activities include research, institutional sales, trading and investment banking.