Adam Vengrow has joined Stifel Financial as managing director and head of Credit, responsible for oversight of fixed income research, sales, and trading. He is based in the firm’s New York office and reports directly to Eric Needleman, head of Fixed Income at Stifel.

Vengrow previously spent nearly a decade at Cantor Fitzgerald, most recently as co-head of its Credit Group. Earlier in his career, he traded high-yield debt at UBS and rotated through investment banking, capital markets, and ultimately investment-grade trading at PaineWebber.

“We are pleased to welcome a professional of Adam’s caliber to Stifel,” said Mr. Needleman. “He brings a wealth of experience managing fixed income investment teams, and his appointment is demonstrative of ongoing enhancements to our overall client offering.”

St. Louis-based Stifel operates a comprehensive fixed income platform providing clients access to high-yield, investment-grade, and distressed products, levered loans, credit default swaps, public finance and municipals, mortgage-backed securities, emerging market debt and government/agency bonds.