FTN Equity Markets

FTN Equity Capital Markets was an investment banking and institutional brokerage firm that operated as a subsidiary of First Horizon National Corporation. The firm provided a range of services including equity research, investment banking, and institutional sales and trading, with a specialized focus on the healthcare and life sciences sectors. It was well-regarded for its deep research coverage of biotechnology and pharmaceutical companies, helping to facilitate capital raises and providing market insights for institutional investors. In 2009, First Horizon sold the institutional equity business of FTN to Sterne Agee Group as part of a strategic restructuring. The firm's legacy in healthcare finance continues through the various analysts and bankers who transitioned to other major financial institutions.