Ziegler, an investment bank and full service brokerage firm, added Allen Hassan to its capital markets team as managing director and head of preferred stock trading. He will be located in the New York City office.

With more than 20 years of experience with fixed income products with a specialization in preferred stocks, Hassan started and led the preferred desk at BTIG expanding the firm’s product capabilities of fixed income and prime brokerage offerings. Prior to BTIG, he also started and led the preferred desk at Jefferies.

Prior to Jefferies, Hassan led the preferred business at Prudential Securities where he was instrumental in their fixed income distribution capabilities. He also worked at Lehman Brothers in fixed income sales and trading.

Kevin Strom, senior managing director and head of Capital Markets at Ziegler, commented, “Bringing Allen to Ziegler is a significant leap forward for our capital markets business. He has a long track record of successfully developing and managing a preferred stock trading desk, and we genuinely look forward to Allen joining us.”