LOS ANGELES, Feb. 22, 2018 (GLOBE NEWSWIRE) -- B. Riley FBR, Inc. (“B. Riley FBR”), a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. announced today that Daniel Leland has joined the firm as Head of Fixed Income Capital Markets, a division which offers a broad array of investment, trading, analytic and underwriting services.
Mr. Leland brings over 30 years of capital markets and fixed income trading and underwriting experience. In his new role, he will be overseeing institutional sales and trading and the Fundamental Broker Inter-Dealer group, a division which offers dealer-to-dealer “voice” brokerage services to the institutional dealer community.
“Dan’s experience with building a Fixed Income Capital Markets operation, combined with his successful track record and extensive industry expertise, enables us to expand and strengthen our existing fixed income platform,” said Bryant Riley, Co-Chief Executive Officer of B. Riley FBR. “We’re thrilled to have Dan join our team and see him contribute to our growing success.”
Dan Leland commented: “The B. Riley FBR platform is unique in its diverse set of resources and services offered to clients. I’m excited to join the firm and look forward to building upon this team and expanding the level of services we can offer in the capital markets segment.”
Prior to joining B. Riley FBR, Mr. Leland served on the Executive Management team at Southwest Securities (SWS) from 1995 through 2017. He joined SWS as Executive Vice President, where he was responsible for the firm’s Capital Markets division and served as Executive Vice President of the firm’s former parent company, SWS Group, Inc. Throughout his time at SWS, Mr. Leland held several leadership positions with the company’s subsidiaries and was credited with successfully expanding the fixed income and equity business, opening offices strategically across the United States and expanding the business reach internationally. In addition, Mr. Leland added credit trading and sales, mortgage and TBA trading and sales; as well as equity syndicate, which introduced preferred underwriting and Closed End Fund underwriting, and Unit Investment Trust (UIT) underwriting, making the firm the top UIT underwriter in the country. Prior, Mr. Leland served as President of Barre & Company, a Dallas-based broker-dealer which was acquired by SWS in 1995, where he was responsible for fixed income trading and sales.
Mr. Leland received his B.B.A. in Finance from University of Iowa and holds multiple securities licenses. He will be based in B. Riley FBR’s Dallas office.
About B. Riley FBR, Inc.
B. Riley FBR, Inc. is a leading investment bank which provides corporate finance, research and sales and trading to corporate, institutional and high net worth individual clients. Investment banking services include initial secondary and follow-on offerings, institutional private placements and merger and acquisitions advisory services. The firm is nationally recognized for its highly ranked proprietary equity research.
B. Riley Financial, Inc. (NASDAQ:RILY), through its subsidiaries, provides collaborative financial services and solutions to the capital raising and financial advisory needs of public and private companies and high net worth individuals. The company operates through several wholly-owned subsidiaries, including B. Riley FBR, Inc., Wunderlich Securities, Inc., Great American Group, LLC, B. Riley Capital Management, LLC (which includes B. Riley Asset Management, B. Riley Wealth Management, and Great American Capital Partners, LLC) and B. Riley Principal Investments, a group that makes proprietary investments in other businesses, such as the acquisition of United Online, Inc.
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Source: B. Riley FBR, Inc.