JMP Securities, a subsidiary of JMP Group, has expanded its convertible securities sales and trading operation through the addition of four senior professionals: Daniel White, Christopher Maher, Taylor Reed and Brian Sullivan. All four are based in the firm’s San Francisco headquarters.

Mr. White joins as a managing director and director of convertible sales and trading from RBC Capital Markets. Mr. Maher joins as a director and convertible bond salesman. Mr. Reed joins as a director and convertible bond trader from RBC Capital Markets. Mr. Sullivan joins as a director and convertible bond salesman.

Mark Lehmann, co-president of JMP Securities and the firm’s director of equities, said: “This move adds to our existing convertible product distribution capabilities and complements our equity brokerage activities. We have been able to capitalize on industry turmoil by assembling a team of top-tier professionals who significantly enhance JMP’s convertible sales capabilities and match them with dedicated convertible trading expertise.”

Carter Mack, co-president and director of investment banking, said: “Convertible securities are a key source of capital for growing companies, and our new team’s extensive institutional relationships should benefit our corporate clients.”

JMP Group is an investment banking and asset management firm that provides investment banking, sales and trading, equity research services and alternative asset management products. JMP Group operates through three subsidiaries: JMP Securities, JMP Capital and Harvest Capital Strategies.