Advest Names Joseph Blair Executive Vice President of Its Capital Markets Group.Business Editors & Executive Appointment Writers HARTFORD, Conn.--(BUSINESS WIRE)--Feb. 25, 2002 The Advest Group, Inc., a wholly-owned subsidiary of The MONY MONY Mutual of New York (Insurance - Syracuse, NY) Group (NYSE NYSE See: New York Stock Exchange : MNY MNY Microsoft Money (file extension) MNY Manhattan New York ), announced today that Joseph Blair has been appointed Executive Vice President of its Capital Markets Group. In his new position, Mr. Blair will assume overall responsibility for both fixed-income and equity capital markets for the firm. In addition, he will join Advest's Executive Committee. Advest's Fixed Income Capital Markets Division services institutional and retail investors through corporate, government agency and municipal bond trading and sales, as well as through underwriting public finance issues. Targeting small to mid size businesses in the financial, insurance, industrial, healthcare, technology and consumer products sectors, Advest's Equity Capital Markets group is comprised of investment banking, equity sales, research, trading and syndication. "Joe brings to this position a sharp focus and deep understanding of the capital markets and the clients we serve," said Grant Kurtz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advest. "He has played an important role in growing our New York, Massachusetts and Connecticut public finance offices and will be instrumental in directing the expansion and continued success of what is already one of the largest investment banking departments among regional investment firms." Mr. Blair, 50, has served as Advest's Managing Director, Public Finance, since 1999. Prior to joining Advest, he was founder and president of J.D. Blair Securities Corporation, a financial advisory services firm. Mr. Blair served as the Executive Director of the Massachusetts Industrial Finance Agency (MIFA MIFA Member of the Institute of Field Archaeologists MIFA Materials and Information Flow Analysis ) from 1990-92, and was twice elected President of the Council of Development Finance Agencies (CDA (1) (Compact Disc Audio) The compact disc file extension that is seen on the computer in Explorer or some other file manager. CDA files are actually pointers to the locations of the individual tracks on the CD medium. See CD-DA. ), a national organization of public and private entities involved in economic development. Prior to that, he was an investment banker with Kidder Peabody and CS First Boston in New York. Mr. Blair earned an MBA from the Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford Business School or Stanford GSB) is one of the professional schools of Stanford University, in Stanford, California. It is one of the leading business schools in the United States. and a Master of City and Regional Planning from Harvard Graduate School of Design The Harvard Graduate School of Design (GSD) is a graduate school at Harvard University offering degrees in Architecture, Landscape Architecture, and Urban Planning and Design. Commonly considered one of the foremost design schools in the world, the GSD is dedicated to the education and . He received his A.B. cum laude from Harvard College. About The Advest Group, Inc. Based in Hartford, CT, The Advest Group, Inc. (NYSE: ADV) is a diversified financial services company. Advest, Inc., its principal subsidiary, provides brokerage, trading, investment banking and asset management services to retail and institutional investors through 90 sales offices in 18 states and Washington, DC. Advest is a member of the MONY Group. |
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