Adam Desmond

Adam Desmond began his career at the Chicago Mercantile Exchange and Trident Securities in equity sales.

He moved to Raymond James and Associates where he assisted with the development of the high-yield fixed-income department. Using these experiences, Adam founded ASG Securities in 1998, which focused on small/mid-cap banks and thrift markets.

In 2004, Adam and his team added a research division to ASG and expanded the business from a sales and trading platform into a full-service investment banking firm. With the shift in direction, Adam changed the firm name to FIG Partners LLC. Adam was the Founder and Managing Principal of FIG and under his leadership as co-head of Investment Banking and co-head of Fixed Income, the group raised more than $2.5 billion between 2007 and 2016. In the process, FIG completed 95 bank transactions across the United States. Adam's work in the banking sector brought him into contact with top executives from over 250 banks and thrifts and fostered relationships with the foremost institutional equity managers.

After selling his portion of FIG in 2016, Adam founded Needle Rock Farms with his wife, Julia, where they grow CBD and manage a wellness center. The large-scale production and grow facility satisfy the demand for high-CBD/low-THC strains, clones, oils, and raw botanical material.

In addition, Adam founded Needle Rock Capital as a vehicle to work on several capital raise efforts in different sectors, including the occasional bank deal. Adam focuses on diverse deals that come his way from his extensive contacts.

Currently, Adam serves as a Board Member First State Bank of Colorado and a Board Member Global Healthcare REIT.