Amherst Pierpont is a broker-dealer operating in the fixed-income capital markets. Our experienced team of professionals delivers actionable trade ideas and customized solutions to our institutional client base. Much of the value-added service we provide is driven by our state-of-the-art data and analytics platform and our focus on market strategy, both of which are designed to identify relative value and quantify risk reward in the fixed income markets.
Amherst Pierpont is a self-clearing member of the Fixed Income Clearing Corporation and a member of FINRA and SIPC.
Our History
Formed by the merger of Amherst Securities and Pierpont Securities in 2014, Amherst Pierpont traces its roots to 1993. Headquartered in New York City, the firm has a proven business model based upon customized client engagement. We provide a broad set of products and services for our institutional clients. Our capital sponsorship comes from Stone Point Capital, General Atlantic and Amherst Holdings. In addition to its role as a capital sponsor, Amherst Holdings is an important strategic partner of the firm, providing support for our data and analytic efforts as well as unique insight into the real estate and mortgage markets derived from their extensive asset management activities. As a result of our strong relationships with our sponsors, Amherst Pierpont is well-capitalized and positioned to support its diligent use of risk capacity and strategic deployment of capital to facilitate client trading activity.
The Primary Dealer designation awarded by the Federal Reserve Bank of New York to APS in May of 2019 demonstrates the continued growth path of the firm and our dedication to serving our clients across multiple products.
-
1993
Amherst Securities is founded as a full service broker-dealer dedicated to the residential mortgage backed securities business
-
1999-2007
Amherst Securities Group adds Agency MBS and CMBS to its mortgage capabilities
Amherst Securities Group expands its capital, risk management and proprietary analytic tools for Agency MBS followed by the development of a detailed loan-level non-agency MBS database
-
2008
Amherst Holdings completes $225 million capital investment led by Stone Point Capital. The investment allows Amherst Holdings to enhance its strong capital and liquidity position, bolster loan-level analytics tools and expand sales and trading capabilities of its broker-dealer subsidiary, Amherst Securities Group, LP (Amherst Securities)
-
2009
Pierpont Securities is founded as a self-clearing, SEC registered broker-dealer serving institutional clients. Pierpont acts as principal in the U.S. Treasury, federal agency, investment grade credit, mortgage-backed securities and financing markets
Amherst International Limited established in Hong Kong
-
2010
Pierpont Securities, LLC announces its official launch with $220 million in capital from two premier equity investors, Stone Point Capital LLC and General Atlantic LLC (GA), establishing Pierpont as a strongly capitalized government securities broker-dealer
-
2012
Pierpont Securities, LLC merges with Cortview Capital Securities, LLC, a privately held fixed-income middle market broker-dealer, providing Pierpont with a strong complement of credit, rates and mortgage products to its existing platform
-
2014
Amherst Securities Group, LP and Pierpont Securities, LLC merge, forming Amherst Pierpont Securities LLC to provide institutional clients with access to a broad range of fixed-income products, industry-leading analytics and a broader distribution network
-
2015
Amherst Pierpont expands its Agency Multi-Family, Agency MBS and Securitized Products Investment Banking businesses
-
2019
As of May 6, 2019, APS has been selected as one of 24 Primary Dealers to serve as a trading counterparty to the Federal Reserve Bank of New York
Today we have more than 200 employees operating in locations across the United States. Amherst Pierpont is a self-clearing member of the Fixed Income Clearing Corporation and also a member of FINRA and SIPC.
Our Leadership
Executive Management
(click for detail)
- Joseph N. Walsh, III
Chief Executive Officer - N. Alexandra Fischer
General Counsel - Ryan Mullaney
President - Paul Nicholson
Chief Risk Officer - Michael Santangelo
Chief Financial Officer
Operating Team
- Darla Bartkowiak
Chief Compliance Officer - Bernadette Clifford
Head of Human Resources - Tim Dooley
Senior Managing Director - Ted Hughes
Head of Operations - Scott Pierce
Managing Director - Regan Sizer
Head of Technology
Business Heads
- Steven Abrahams
Head of Investment Strategy - Michael Burke
Head of Credit Sales - Ken Dinovo
Head of Structured Products Trading - Warren Heller
Head of Rates Sales - Forbes Hopper
Co-Head of Finance Business - Jonathan Lum
Co-Head of Cross-Product Sales - Paul Murphy
Head of U.S. Treasury & Agency Debenture Trading - Xavier Negroni
Co-Head of Finance Business - Adam Smith
Head of Investment Banking - Mark Steinacker
Head of Money Market Trading - Michael Teifeld
Co-Head of Cross-Product Sales - Michael Tropeano
Head of Credit Trading
Contact Us
For media or general inquiries, you may call us at (646) 776-7700 or send an email to inquiries@apsec.com
New York (Headquarters)
245 Park Avenue, 15th Floor
New York, NY 10167
(646) 776-7700
Branch Locations (Click to Expand)
-
Austin
5001 Plaza on the Lake
Suite 200
Austin, TX 78746(512) 342-3030
(800) 396-3311 toll free -
Boston
One Marina Park Drive
Suite 1410
Boston, MA 02210(617) 274-5175
-
Chicago
500 West Madison
Suite 3140
Chicago, IL 60661(312) 224-9977
(877) 499-9977 toll free -
Delaware (Operations Center)
131 Continental Drive
Suite 304
Newark, DE 19713(302) 533-2900
-
Fort Lauderdale
200 East Broward Boulevard
Suite 1260
Fort Lauderdale, FL 33301(561) 620-5855
(888) 235-0009 toll free -
Houston
1900 West Loop South
Suite 600
Houston, TX 77027(713) 888-9100
(800) 850-1133 toll free -
Red Bank
65 Monmouth Street
Suite 307
Red Bank, NJ 07701(732) 212-1661
(866) 933-9901 toll free -
San Francisco
100 California Street
Suite 615
San Francisco, CA 94111(415) 638-4370
(844) 638-4370 toll free -
Stamford
One Dock Street
Suite 400
Stamford, CT 06902(203) 221-8112