DA Davidson & Co, a brokerage firm, has opened a Pittsburgh office and made a number of hires to its taxable fixed income group.

John Koodrich, who joined the firm from Raymond James, will run the new office as chief credit strategist.

The new team members are:

• Paul Beaudoin, senior vice president, corporate bond trader, Seattle; 
• George Covert, senior vice president, institutional sales, Austin; 
• Brian Doherty, vice president, institutional sales, Boston; 
• Tracy Hindman, vice president, institutional sales, Pittsburgh; 
• Jake Koodrich, credit strategist, Seattle; 
• Matt Lynch, senior vice president, institutional sales, Denver; 
• Doug McKoy, vice president, institutional sales, Denver; 
• Dan Murphy, senior vice president, institutional sales, New Jersey; 
• HT Simonton, senior vice president, institutional sales, Memphis; 
• Jeff Stanley, senior vice president, portfolio strategist, Seattle; 
• Chris Sundquist, vice president, institutional sales, Lincoln, Nebraska; 
• Robin Taylor, senior vice president, institutional sales, Chicago.  

The appointments have extended the taxable fixed income team’s coverage to Chicago, Boston, Austin and Memphis.

Members of the strategies team will report to James Rice, head of taxable fixed income trading, while the institutional sales team reports to Rick Turnage, head of fixed income sales.