NEW YORK, June 22 /PRNewswire/ -- Braver Stern Securities LLC, an independent broker-dealer, announced today that veteran investment strategist Scott Buchta has joined the firm as a Managing Director and the Head of Investment Strategy. Mr. Buchta has more than 23 years of experience developing investment strategies for financial institutions across the various fixed income sectors, with an emphasis on residential, commercial and asset-backed securities.
The addition of Mr. Buchta will complement Braver Stern's recently launched Mid-west mortgage sales team, and is part of an ongoing effort to expand the firm's sales and trading platform and product offerings. Mr. Buchta will add value for clients through regular market updates, which will provide commentary and counsel on market developments. He will also help develop trading strategies and serve as a resource on industry trends and analysis.
"Scott's proven track record of developing investment strategies and wealth of experience will further bolster the strong mortgage sales and trading team at Braver Stern," said Cliff Sterling, Managing Director in Fixed Income Sales.
Prior to joining Braver Stern, Mr. Buchta was a Managing Director and the Head of the Investment Strategy Group at Guggenheim Securities, LLC. Before Guggenheim Mr. Buchta spent 20 years at Bear Stearns, where he served as a Senior Managing Director in F.A.S.T., Bear Stearns' mortgage analytics group, and led the Mortgage Products Group, specializing in applied mortgage research and structured agency mortgage strategy. He graduated from Carroll University with a double major in Computer Science and Finance.
"I am excited about the opportunity to join a firm that has established itself as a top-tier mortgage boutique," said Mr. Buchta. "The Braver Stern sales and trading desks are staffed with seasoned professionals who are well regarded by both sides of the street. Their platform has been client-focused from the beginning and I am looking forward to developing a top-notch strategy effort to complement their already strong trading capabilities."
About Braver Stern
Founded in 1991, Braver Stern Securities LLC is an independent broker-dealer specializing in mortgage-backed securities and other structured and securitized products for institutional clients. The firm provides sales and trading services on behalf of hedge funds, insurance companies, corporations, private banks, commercial banks, mutual funds, REITs and investment advisers. Braver Stern is led by professionals who have held senior leadership roles in management, sales and trading at the some of the world's leading financial institutions.
SOURCE Braver Stern Securities LLC