Andrew Volz named new prime services head at JonesTrading

Andrew Volz named new prime services head at JonesTrading

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Former Wells Fargo executive Andrew Volz has joined JonesTrading Institutional Services as head of prime services.

Based in New York, Volz will be responsible for leading the expansion of the firm’s prime brokerage business - focusing on alternative investment managers, institutional investors, and family offices.

Alan Hill, chief executive said the appointment is a “key step” in the firm’s strategic plan to build a leading institutional brokerage platform offering prime services and global outsourced trading.

Volz joined Merlin Securities in 2011 before Wells Fargo acquired the business. He was appointed director of prime services sales soon after the takeover.

JonesTrading's Jeff LeVeen added: “Andrew has a proven track record of servicing global hedge funds. Increasingly these firms seek and recognise the benefit of a relationship-based model in prime services.”

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