New York-based Cohen & Co. has hired veteran fixed income sales executive David Clifford as its national sales manager for fixed income.

Clifford, who will be based in New York, will be responsible for all of the firm's fixed income sales in the U.S. He most recently managed the New York office of Stone and Youngberg, where he also ran its New York sales group and helped build its securitized product and corporate credit distribution business. He has also held sales management positions with Barclays, Bank of America Merrill Lynch and Prudential Securities. Clifford was the New York fixed income sales manager for Prudential and MBS sales manager for Bank of America.

Cohen CEO Christopher Ricciardi said in a statement that the firm’s addition of Clifford is part of its fixed income expansion.

Cohen & Co. is a fixed income investment firm and institutional broker-dealer, whose sales and trading expertise includes residential MBS, high yield bonds, leveraged loans, middle-market loans, and private placements. It has additional offices in Philadelphia, Chicago, Washington D.C., San Francisco, Boston, Paris, London and Tokyo.

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