Oppenheimer & Co reorganized its equity trading department. Doron Barness is now head of New York institutional equity sales trading. Barness joined Oppenheimer in May from Goldman Sachs as a managing director and senior sales trader.
Oppenheimer also promoted David Laufer and Anthony Mazzella to co-heads of cash equity trading. Laufer joined Oppenheimer last year as a senior technology, media and telecommunications trader after short stints at Merrill Lynch and Canaccord Genuity. Prior to that he spent nine years at BMO Capital Markets. Mazzella has been with Oppenheimer and its predecessor company CIBC World Markets for 19 years. He has spent much of that time as senior trader of life sciences and biotechnology stocks. All three executives continue to report to Peter Feinberg, Oppenheimer’s head of equity trading.
James Valentino joined Wells Fargo Advisors in its East Brunswick, NJ, office as a financial advisor. Valentino previously spent about 15 years as a New York Stock Exchange floor broker with Citigroup and its predecessor companies Salomon Brothers and Salomon Smith Barney.
Phil Mahoney joined Prospera Financial Services as an investment adviser in the Dallas-based firm’s Plymouth, Mass., office. Mahoney formerly worked as a sales trader in Boston for Wedbush Securities, Pacific Growth Equities, and Scott & Stringfellow.
Bill Bright joined CV Brokerage, a 100 percent woman-owned agency brokerage based in West Conshohocken, Pa., as a sales trader. Bright previously held a similar position at Instinet, where he spent 15 years.
Steve Menendez joined Edward Jones in St. Louis as a financial advisor. Menendez previously worked for Pulse Trading in St. Louis as a sales trader for five years. Menendez has been a member of the Security Traders Association since 2001.
