Mona Hofman Joins Investment Professionals, Inc. (IPI) as Head of Capital Markets Dealer Sales

SAN ANTONIO, July 18 2012 /PRNewswire/ -- The Capital Markets Division of a leading bank broker-dealer, Investment Professionals, Inc. (IPI), today announced another significant milestone in the growth of its municipal sales and trading practice. IPI's current average secondary municipal bond inventory has grown to $75 million par value in institutional and odd lot line offerings from $35 million par value in October 2011.

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IPI also announced the hiring of Mona Hofman as Head of Dealer Sales, Capital Markets– further reinforcing IPI's position as a competitive muni market maker for clients nationwide. Ms. Hofman has over 25 years of industry experience. She comes to IPI from First Southwest where she was a taxable muni trader for over 50 correspondents. Prior to First Southwest, Mona spent eight years at Advisors Asset Management (AAM) as the head CD and corporate notes trader and fixed income consultant to AAM advisors and their clients. She also worked in municipal sales and trading at First Albany Corp. and J.C. Bradford & Co.

"We are pleased to report we are well ahead of our plan to double our secondary municipal inventory by 2013 to $80 million par value, which puts us solidly in line with Wall Street's Tier 1 trading platforms. With $75 million in inventory and 18 traders strong, we needed a top flight dealer salesperson – and we're delighted to have Mona Hofman on board," said John Sacchetti, Senior Vice President and Director of Fixed Income.

IPI's use of multiple electronic communication networks (ECNs) enables the firm to offer highly competitive pricing. This ability to pass on cost savings to clients has made IPI's Capital Markets Division the muni desk of choice for bond funds, investment managers, trust investors, broker-dealers, hedge fund managers and other institutional investors seeking the best available execution in a fast-paced secondary market. 

"Hofman's deep fixed income and muni experience will further enhance the service IPI provides to our clients, and we're delighted to have her in charge of Dealer Sales based in Denver," said Chris Thompson, Senior Vice President of Trading. 

Through IPIBonds.com, the Capital Markets Division of IPI offers access to the inventory of over 150 dealers and more than 20,000 fixed income securities, competitive pricing and efficient execution. In addition, IPI provides customized analytical support for bond laddering, structured products and diversification strategies and direct access to fixed income traders.  

About Investment Professionals, Inc.
Founded in 1992, IPI is a private, Texas-based financial planning, asset management and risk mitigation firm with more than $5.8 billion under management for over 90,000 retail and institutional clients nationwide.  IPI is a leading provider of on-site bank investment programs and currently partners with more than 130 financial institutions with assets in the range of $35 million to over $6 billion.  www.invpro.com.

NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE Securities and advisory services offered through Investment Professionals, Inc. (IPI), a registered broker-dealer and registered investment advisor. IPI does not offer or provide legal or tax advice; please consult your attorney and/or tax advisor for such services. Member FINRA and SIPC. 

MEDIA CONTACT:           
Amy Watson
AVP, Marketing Services Manager
[email protected]
(210) 582-2845

SOURCE Investment Professionals, Inc.

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