Delray Beach, FL – June 13, 2023 – InspereX, the tech-driven fixed income and market-linked product distribution and trading firm, today announced it has hired seven industry veterans to expand its fixed income platform and continue the firm’s institutional growth strategy. The new team members are Michael Andreas, Jim Burton, David Garson, Mark Hoffman, Tony Marcone, Eric “Ricky” Quick, and Cary Sewall.
“InspereX’s fixed income division is in growth mode,” said Head of Fixed Income George Holstead. “We are fortunate to expand our team with these talented individuals. They bring tremendous depth of experience and a compelling track record of customer-focused investing solutions that fit well with our tech-enabled distribution focus.”
About the new hires:
- Michael Andreas, CFA, joins InspereX as Managing Director, Senior Trader, reporting to George Holstead. Based in Atlanta, he trades U.S. Agencies and Supranationals. Previously, Mr. Andreas traded new issue and secondary Agency collateralized mortgage obligations (CMOs) for Truist, and U.S. Agencies and Agency CMOs and spec pools for SunTrust Robinson Humphrey.
- Jim Burton has been appointed to the position of Municipal Bond Sales Manager. He reports to John Tolar, Head of Fixed Income Sales, and oversees six muni sales specialists. Mr. Burton has more than 30 years of experience as a sales manager, trader, and administrator of fixed income securities in roles at StoneX, Vining Sparks, and Banc of America Securities, among others. He is based in Charlotte, North Carolina.
- New Managing Director and Senior Trader David Garson specializes in mortgage pass-through securities. He reports to George Holstead. He joins from Stifel and was previously with Vining Sparks for more than 30 years. Mr. Garson is based in Memphis, Tennessee.
- Mark Hoffman joins the firm as a Senior Vice President, Institutional Sales, reporting to John Tolar. Mr. Hoffman specializes in municipal bond sales to institutional clients. Most recently, he worked in a similar role at Crews & Associates, and prior to that, he was with Truist. He is based in Boston.
- Tony Marcone joins the firm as Managing Director and Head Trader for municipal bonds, reporting to George Holstead. Mr. Marcone brings more than 25 years of experience to the firm and most recently served at Truist. He is based in Memphis.
- Eric “Ricky” Quick joins InspereX as a Managing Director, Institutional Sales, focused on serving public funds, money managers, and banks. He reports to John Tolar. Mr. Quick has been an institutional fixed income sales specialist since 1996. Previously, he held positions at Truist Securities, FTN Financial Securities, and Morgan Keegan & Company. He is based in InspereX’s Chicago office.
- Cary Sewall joins the firm as Managing Director, Institutional Sales, reporting to John Tolar. Mr. Sewall has nearly 30 years of experience at firms including Truist Securities, RBC Capital Markets, FTN Financial Securities, and Dain Bosworth Incorporated. He has been involved in public funds reinvesting proceeds from privatization projects, as well as building portfolios of U.S. Treasuries, U.S. Agencies, and mortgage-backed securities. He is based in Texas.
“We are excited for the contributions that these seasoned professionals will make to InspereX and its partners,” Tolar said. “Our clients and our team will benefit from their deep knowledge and robust resources as we work to provide tailored investment solutions in an evolving market.”
About InspereX
InspereX is a leading underwriter and distributor of fixed income and market-linked securities to more than 1,500 broker-dealers, institutions, asset managers, RIAs, and banks. The firm represents more than 400 issuing entities and has underwritten more than $700 billion in securities. Its pioneering BondNav® platform provides deep access to fixed income market data across asset classes with a focus on delivering true price transparency and the information advantage gained through data aggregation. InspereX has seven trading desks and more than 200 employees with principal offices in Delray Beach, San Francisco, Chicago, and New York City.
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