Institutional firm provides investment services to execs, wealthy families. Investment bank and institutional securities firm Jefferies has hired Michael Munson, Wesley Caywood and Jin Park as managing directors of its Private Client Services group.

Munson will work for Jefferies in Boston; Caywood and Park will be based in Dallas.

Immediate contributions

The appointments demonstrate "Jefferies' strong commitment to serving the multi-faceted needs of corporations, their executives and high-net-worth individuals and families," according to Richard Handler, CEO of the New York-based firm. "We are committed to offering high-quality wealth-management and trading services, and delivering the full resources of our platform to this vital segment of the market."

Headed by Charles Baber, Jefferies Private Client Services provides an array of financial services and investment products -- including including equity, fixed income, mutual funds, structured notes, and third-party separately managed accounts. It has offices in New York, Boston, Chicago, San Francisco, Stamford, Conn. and Dallas.

"We are very excited to welcome these experienced individuals to our team," says Baber. "We are confident that their relationships and experience will make an immediate contribution to the firm and significantly enhance our regional presence in the Boston and Dallas markets." -FWR

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