Advest Securities has hired three new investment-grade salesmen in recent weeks as it continues to expand its taxable fixed-income sales force, according to Herb Finn, senior managing director and head of sales in New York. Two former Raymond James & Associates salesmen Jeffrey Gross and Ed Byrne, have joined at the v.p. level as senior taxable fixed-income generalists for the New York office. Byrne started earlier this month and Gross began in late April. They previously reported to Larry Haag, head of investment-grade sales at Raymond James in New York.
Also joining Advest is William Kinball, who started late last month as a senior v.p. and senior taxable fixed-income generalist in the Boston office. He joined from Bondsdirect Securities, a trading platform for institutional and retail investors, where he spent two years. Kinball reported to Steve Kirch, executive v.p., owner, and manager of investment-grade sales. He declined to comment.
All three salesmen confirmed their new positions. Finn said Advest is continuing to look for qualified new hires in the firm's major money centers, which include Boston, New York, Chicago, San Francisco and Boca Raton, Fla.