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JonesTrading appoints new Head of Financial Services Research

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JonesTrading Institutional Services has appointed David Walrod (pictured) as a Managing Director and Head of Financial Services Research in the firm’s New York office.

Walrod will focus initially on mortgage REIT’s. JonesTrading research provides portfolio managers and traders with market colour and information that aid in developing investment strategies.

Walrod has over 20 years’ experience. Prior to JonesTrading, he was an Equity Research Analyst at Ladenburg Thalmann. He served as a Financial Sector Specialist at JP Morgan and a Senior Equity Analyst at Ridgeworth Capital Management, covering financial services stocks. He began his career as an Equity Analyst at Keybanc Capital Markets. He holds a BS from Miami University and an MBA from the University of Toledo, and is a CFA Charterholder.

Alan Hill, CEO of JonesTrading says: “David’s appointment signals our commitment to providing clients insights in an important segment of the investing market.  With this appointment we are building on our industry leading market color.”

Walrod says: "JonesTrading’s history in providing real-time market information and color lies at the heart of its research approach.  The firm’s institutional and hedge fund clients rely on JonesTrading for this insight. By providing research on the financial services sector, the firm will add to this capability.”

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