Amherst Pierpont Securities, an independent fixed-income broker-dealer, has announced seven senior hires today as it seeks to deepen leadership expertise across the firm.
Michael Burke joins as managing director and head of credit sales and Chris Helwig joins as managing director, mortgage-backed securities and asset-liability management strategist.
Both will report to Ryan Mullaney, senior managing director and head of sales, and be based in the company's New York City office.
Helwig joins the firm from Deutsche Bank Securities, where he was most recently director and co-head of U.S. RMBS research.
As a senior strategist, Helwig will be responsible for further developing Amherst Pierpont's MBS strategy, with special emphasis on supporting investors whose needs include asset-liability management in addition to fundamental and relative value in the residential markets.
At Deutsche Bank, Helwig led a research team as part of the firm's agency and non-agency MBS and structured products unit,
Burke joins Amherst Pierpont following a 15-year career at Credit Suisse Securities, where he most recently served as managing director and co-head of investment grade credit sales.
He will be responsible for leading Amherst Pierpont's rapidly growing presence across corporate bond markets and will work in close partnership with the company's senior trading leadership to effectively integrate sales and trading across a broader credit platform. He will oversee more than 20 sales professionals who are responsible for covering institutional corporate bond investors.
Amherst Pierpont also announced the hiring of five managing directors across the company's structured products, rates and investment grade credit divisions.
Adam Broman has joined as managing director, responsible for agency multi-family trading, in the New York City office. He was previously with Barclays Capital.
Jonathan Lum and Michael Teifeld have been named managing directors and co-heads of cross product sales, based in New York City and Fort Lauderdale, FL, respectively. They also joined from Barclays.
Adam Smith has been named managing director, head of mortgage and asset-backed banking, in the firm's New York City office. He was previously with Fortress Investment Group.
Mark Steinacker has joined the firm as managing director, head of money market trading, and is based in the company's New York City office. Steinacker is a veteran of Jefferies.