LOS ANGELES — Newport Beach, Calif.-based Mischler Financial Group promoted Dean Chamberlain to chief executive officer.
Chamberlain joined the firm, a service-disabled veterans business enterprise, in early 2011 as a principal and managing director of the Stamford, Conn. office.
"Dean is indisputably the most qualified and most capable person to guide our firm for the next generation," said Walt Mischler, chairman and firm founder, who appointed Chamberlain to replace himself as CEO.
The aspiring Tier 1 institutional brokerage has gained heightened recognition from Fortune 500 issuers, leading institutional investors and top Wall Street firms since Dean and his team joined MFG, Mischler said.
Chamberlain, a West Point graduate, served as an officer in the U.S. Army from 1985 to 1990. He retired at the rank of captain after he was injured in a parachute jump exercise and was compelled to seek a different career path in the financial services industry.
Just prior to working for Mischler, Chamberlain worked as the head of fixed income/Americas for Nomura Securities International. He has also held executive roles at Bank of America and JPMorgan over the course of his 21-year financial services career.
Chamberlain said he looks forward to building on the firm's formidable legacy of aiding disabled armed service veterans and their families.
In his new role, the military and financial services veteran wants to expand on a platform that he said "meets the diversity goals of issuers and investment managers who require the capabilities typical to traditional 'bulge bracket' firms."
The boutique firm provides institutional investment managers with capital markets services, agency-only execution within the global equities and fixed-income markets and asset management for liquid and alternative investment strategies. It has regional offices in Stamford, Boston, Chicago, and Detroit.
Mischler's municipal-centric deals in 2012 represented $1 billion notional, and $4.5 billion in federal agency (GNMA, FNMA, FHLB) transactions, according to the firm.
