Nemeroff was formerly a research analyst with Wedbush Securities in New York.

He has covered the technology industry for over 15 years as an analyst for Wedbush, Credit Suisse First Boston and Lehman Brothers.

Morgan Keegan director of Equity Research Elkan Scheidt said the enterprise software sector is a vital part of the firm’s overall technology research product and they are happy to have Michael join their team.

"Michael brings a significant depth of knowledge and understanding of the enterprise software and SaaS segments. His addition is a reinforcement of Morgan Keegan’s efforts to build one of the strongest technology practices in the middle market," Scheidt said.

Morgan Keegan’s Equity Capital Markets division encompasses institutional sales, trading and research.