Robert Gubitosi, president of Fundamental Capital Markets, a division of Wunderlich Securities, has announced the addition of 18 institutional fixed-income professionals. “We have grown our fixed income platform in three specific areas; a new CD group, expanded corporate bond trading, and increased capacity in mortgage-backed securities (MBS) in the capital markets area,” said Gubitosi. “This is just one step in our planned growth of our fixed income business. We continue to explore other opportunities and are currently hiring additional fixed income specialists."
Fundamental Capital Markets opened a new office in San Francisco for the institutional fixed-income sales and MBS area, and an office in Parsippany, N.J. for the new CD group. The CD group is a new product for Fundamental Capital Markets’ Fixed Income platform.
Joining Fundamental Capital Markets in its New York office is Kevin Di Russa, who heads up this group. New to the firm as a trader in New York, is William Frymer. The addition of these experienced traders expands the capacity for both high-yield and high-grade securities, as well as distressed corporate bond business.
For more information, visit www.wunderlichsecurities.com.