(Source: Business Wire)

Timothy Ryder has joined RW Smith, one of the country's leading fixed
income interdealer brokers, www.rwsbroker.com,
as Midwest Regional Director based in the Chicago office, announced
Paige Pierce, Chief Executive Officer.
Mr. Ryder's responsibilities include all facets of sales management plus
hiring for one of the company's fastest growing regions. According to
Ms. Pierce, "He will have a constant eye toward hiring the right
candidates, establishing sales and trading territories, and setting
business development and production goals. He will also manage progress
and performance to achieve maximum profitability and growth within the
region."
Mr. Ryder comes to RW Smith from JP Morgan Chase in Chicago, where he
was a Fixed Income Trader. Previously he was with 1st Global
in Dallas as the Fixed Income Trading Director and Manager of Capital
Markets. His resume also includes serving as Senior Mortgage Finance
Analyst at Citigroup, St. Louis, and as a Fixed Income Trader and
Operations specialist at Edward Jones, St. Louis.
In its Freehold, N.J., office, RW Smith has hired Robert Del Prete as a
Junior Broker. Previously he was a Fund Accountant Associate with State
Street Corporation.
Said Ms. Pierce, "We are growing rapidly, and we are pleased to announce
that Tim Ryder and Robert Del Prete are the newest members of our team.
In the past eight months, RW Smith has opened offices in Boston, Stowe
(Vt.) and Dallas. Additionally, we have expanded our license, enabling
us to broker all fixed income securities, which we are rolling out one
asset class at a time."
She continued, "We've seen a tremendous uptick in the past two years
because we have remained focused on our clients' bottom line. As hybrid
voice and electronic brokers, we are able to provide individualized
service and liquidity. Unlike electronically based competitors, RW Smith
disseminates bid wanted items and offerings electronically while
simultaneously reaching out, one call at a time, to buying desks across
the country. Our trading volume has exploded because of our deep
relationships and our search for the best bid on securities.
"To continue to provide top-shelf service to our ever-growing list of
clients, we have been hiring and opening offices all year. We are
further committed to getting as many investment professionals back to
work as possible."
Mr. Ryder is a 2009 graduate of Baylor University with a master of
business administration, and a 1999 graduate of Lindenwood University
with a bachelor of arts degree. Mr. Del Prete is a 2008 graduate of
Pennsylvania State University with a bachelor of science degree in
economics.
Headquartered in Bellevue, Wash., RW Smith www.rwsbroker.com
is an interdealer broker in the fixed income markets with 14 offices
across the U.S. Interdealer brokers facilitate transactions in the
wholesale financial markets between dealers, dealer banks, and qualified
institutions around the world.
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