Institutional agency-only brokerage firm Direct Access Partners has hired Donald Motschwiller as managing partner.
Motschwiller will also serve as and CEO of the asset management affiliate of Direct Access Partners' parent company, the Direct Access Group.
Most recently, Motschwiller was president of Dahlman Rose & Co., a research-centric investment bank with a focus on natural resources and its supply chain. Prior to that, Motschwiller was president and managing partner of proprietary trading firm First New York Securities and CEO and president of asset management firm EFX Capital.
Said Ben Chinea, Direct Access Partners founder and CEO, in a statement: “We are ecstatic to welcome Donald to lead the asset management business and provide leadership and managerial expertise throughout the entire organization. He possesses deep securities experience and relationships, proven leadership skills, and a successful track record in executing growth and diversification strategies. His experience, industry reputation and intimate understanding of trading technology and capital deployment will drive our effort to expand into new and exciting businesses.”