Masterson Advisors hires three more away from Hilltop

DALLAS – Three former Hilltop Securities executives have joined Masterson Advisors in Houston, an advisory services firm founded in March by ex-Hilltop banker Drew Masterson.

Tina Arias Peterman, previously senior vice president at Hilltop, will carry the title of director at Masterson.

Tina Arias Peterman, director, Masterson Advisors.

Trey Cash, former managing director at Hilltop, will have the same title at the new firm.

“With over 319 clients, we consider ourselves very fortunate to have two respected industry leaders like Tina and Trey joining our growing Masterson Advisors team to make sure we are not just meeting client expectations for service, expertise and ethics – but exceeding those expectations,” said Masterson.

Spencer Day, previously assistant vice president at Hilltop, joined Masterson earlier with the same title and will focus on school districts, cities, counties, municipal utility districts and port authorities.

Trey Cash, managing director, Masterson Advisors.

Peterman and Cash worked as a team at Hilltop, representing clients such as the city of Houston, Harris County, the Port of Houston, Fort Bend County, the Harris County Toll Road Authority, the Harris County-Houston Sports Authority, the Fort Bend Grand Parkway Toll Road Authority, and others.

Asked if Peterman’s and Cash’s clients would be moving with the new hires, Masterson said, “That’s the goal.”

At Hilltop, Peterman provided investment banking services for municipal entities, including cities, counties, local authorities, government corporations, and school districts among others. She was known as a specialist in fixed and variable-rate debt as well as derivatives.

Before moving to First Southwest Co. in 2014, Peterman was director at RBC Capital Markets, regional leader at Primerica Financial Services, and executive director at JP Morgan.

Spencer Day, assistant Vice President, Masterson Advisors.

Cash, a 16-year veteran at First Southwest, earned his MBA degree from Rice University and a law degree from the University of Texas, where he also earned his undergraduate degree in business.

More than a dozen former Hilltop executives have joined Masterson since the firm opened in March.

In July, Masterson expanded into Florida by hiring Hilltop finance and banking veteran Ed Stull as a managing director to head the firm’s new branch in Orlando.

Drew Masterson, who developed a specialty in charter schools in Texas, left Hilltop in 2017 when the state’s top financial advisor dropped charters in favor of traditional school districts.

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