Incapital announced that it is expanding its business by opening offices in Boston, San Francisco and St. Petersburg, Florida.
According to a release, as part of the expansion, the firm has appointed seven executives to its municipal, institutional sales and annuities teams.
"This expansion furthers our strategy of providing our clients access to a wide range of products as we build an Incapital presence in these key markets," said John Radtke, Chief Executive Officer at Incapital. "We continue to attract talent to Incapital's platform and are pleased to announce the opening of offices in three major U.S. markets."
Incapital's flagship offices in Boca Raton and Chicago have approximately 140 employees across several departments including corporate bonds, U.S. Agency securities, structured notes & CDs, mortgage-backed securities, municipal bonds, unit trusts and annuities.
Joining Incapital's newly opened office in Boston will be Patrick Clifford and Mike Dolaher, focusing on Incapital's insurance and annuities business. The St. Petersburg's office, with Jerry Little, William Foley and Jim Cashmore, will specialize in municipal and institutional sales. In San Francisco, Incapital offers institutional clients access to a range of securities. Chad Nicholson and Tony Le will help support that effort.
"As a leading underwriter and distributor in the business, Incapital is well positioned to be a significant partner for issuers, banks, institutional accounts and securities firms in cities across the U.S.," said Tom O'Hallaron, Managing Director of Incapital LLC. "These recent hires bring a wealth of industry knowledge to the firm and will help us to introduce the products to a wider range of institutional investors and financial intermediaries."
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