D.A. Davidson & Co. announced today that its Fixed Income Capital Markets Group has hired veteran sales professional Ray Moreland to serve as Senior Vice President, Institutional Sales. He will be based in the firm’s Boca Raton, Florida office. This announcement follows the addition of several seasoned taxable fixed income professionals, displaying the firm’s continued growth and investment in this line of business.

Moreland brings roughly 22 years of fixed income sales experience and previously served as Senior Vice President of Fixed Income Sales at FHN Financial and Vice President of Fixed Income Sales at Banc of America Securities where he covered institutional accounts with $2 billion to $200 billion in assets under management.

“Ray’s unwavering work ethic, coupled with his years of leadership and institutional experience, fittingly complements our current team,” said Nick Licciardi, Managing Director and Head of Taxable Fixed Income. “We continue to focus on broadening our taxable business lines as highlighted by the addition of Ray and other recent hires.”

“Customers look to us to offer reliable and innovative ideas to help them achieve their goals, and D.A. Davidson provides the enthusiasm and platform for a salesperson like me to succeed in these expectations,” said Moreland. “The firm is uniquely positioned and attractive to clients due to its multiple product offerings and high quality, steadfast reputation.”

Additional seasoned hires made across D.A. Davidson’s Taxable Fixed Income team in 2022 include: Mike Chisari, Managing Director, CD Sales and Trading; Luke Jubinski, Vice President, Trading; Carl Schref, CFA, Senior Vice President, Institutional Sales; D.L. Auxier, Managing Director, Whole Loan Trading; and Bryan Perlmutter, Senior Vice President, Whole Loan Sales.

D.A. Davidson & Co.’s Fixed Income Capital Markets group is a national leader in raising capital through fixed income banking, distribution and depository strategy. With 35 locations in 19 states, the group is consistently ranked among the top firms in the country. The fixed income team serves new issue clients in public finance and taxable debt issuance, and maintains a diverse sales and trading group interacting with taxable and tax-exempt investors including banks, credit unions, insurance companies, bond funds, money managers and trust companies.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,525 employees and offices in 28 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.

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