SWBC Investment Services expands fixed income offerings

SAN ANTONIO, TX (September 5, 2017) — SWBC Investment Services has recently expanded its trading desk capabilities to include the underwriting and trading of certificates of deposit (CDs). This expands SWBC’s fixed income offerings beyond the primary offerings of municipal bonds to include trading and managing inventory of secondary CDs. Another benefit to adding this to our underwriting platform is to leverage relationships with banks to bring new issue CDs to the market, raising hundreds of millions in deposits.

To help lead this expansion, SWBC Investment Services hired Jeffrey Johnson as CD trader. Johnson has more than 13 years of experience working in fixed income and CDs, most recently serving as Vice President, CD Trading/Underwriting for Advisors Asset Management, Inc. (AAM). He was responsible for trading and managing inventory of secondary CDs. Johnson started his career at Finance 500 and then Cert Direct Securities. He holds FINRA Series 6, 7, and 63 licenses.

“We are excited to add this to our very successful trading desk,” said Kelly Tramontano, CEO and President of SWBC Investment Services. “Jeffrey’s experience in both underwriting and trading certificates of deposit will help our Investment Services Capital Markets team with expanding services to our client credit union and institutional trading.”

Kelly Tramontano

About SWBC

As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals a wide range of services, including insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and manages business around the world. No matter how wide its reach, SWBC always listens to its customers’ needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC’s website at


Lisa Pinto
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