30-year industry veteran to oversee market-linked products relationships with all of InspereX bank distribution partners
Firm also promotes five Senior Internal Wholesalers to newly created position
DELRAY BEACH, Fla., September 21, 2021--(BUSINESS WIRE)--InspereX℠, the new tech-driven fixed income and market-linked product distribution and trading firm, today announced that John Marone, formerly Regional Vice President, has been promoted to Senior Vice President, National Accounts, Bank Channel. Mr. Marone will report to Chris Mee, Head of Distribution, Market-Linked Products. His promotion is effective immediately. InspereX was recently formed by the merger of Incapital and 280 CapMarkets.
Mr. Marone will be based in St. Augustine, Florida and will drive the firm’s market-linked product initiatives and home office relationships with banks across the country.
"With more than thirty years of experience in the financial services industry and nearly a decade wholesaling with Incapital and now InspereX, John’s impressive track record of building strong partnerships and driving results has been vital to our success," said Mr. Mee. "John is a strong leader, and we have the utmost confidence in his abilities in his new role. We look forward to John’s future contributions, as we continue our strong momentum, and congratulate him on this great achievement."
Prior to joining Incapital in 2012, Mr. Marone worked as a Regional Platform Manager at BBVA Compass and as a financial advisor at First Union, Barnett Bank, and IDS/American Express Financial Advisors.
Mr. Marone is a graduate of the University of Florida and holds FINRA security licenses Series 7, 24, and 63.
Five New Regional Associate Vice Presidents
InspereX has also promoted five of its Senior Internal Wholesalers to the role of Regional Associate Vice President. In this newly created role, the Regional AVPs will serve as business allies to the InspereX external wholesalers and their top financial advisor clients. Those promoted are Rafael Lamo, Joey Cagno, Tom Cooney, John Hunter, and Jon Jimenez. They will report to Bob McDermott, Managing Director, National Sales Manager.
"The creation of this new role reflects the evolving relationship between advisors and wholesalers and the increasing demand for training and education in market-linked products," said Mr. McDermott. "It’s my pleasure to congratulate our new Regional AVPs on their accomplishments and well-deserved promotions. This team has an impressive skill set and will be instrumental in providing top-class service and support to our rapidly growing client base."
InspereX is transforming how fixed income securities and market-linked products are accessed, evaluated, and traded. Home to the pioneering BondNav® platform – one of the first cloud-native bond aggregation platforms – InspereX provides financial advisors, institutional investors, issuers, and risk managers deep access to fixed income markets across asset classes, as well as industry-leading origination, distribution, and education in market-linked products. Focused on delivering true price transparency, liquidity, best execution targeting price improvement, and the information advantage gained through data-aggregation – InspereX inspires greater confidence through the power of technology.
The firm is a leading underwriter and distributor of securities to more than 2,000 broker-dealers, institutions, asset managers, RIAs, and banks. InspereX represents more than 400 issuing entities and has underwritten more than $670 billion in securities. The firm has seven trading desks and more than 200 employees with principal offices in Delray Beach; San Francisco; Chicago; and New York City. Visit insperex.com to learn more.
©2021 InspereX℠. All rights reserved. Securities offered through InspereX LLC, Member FINRA/SIPC. Technology services provided by InspereX Technologies LLC. InspereX LLC and InspereX Technologies LLC are affiliates.
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