Seelaus launches new high-yield credit team led by Kelly and Levy

By Sarah Lizee

Olympia, Wash., Oct. 11 – R. Seelaus & Co., Inc. announced the addition of its new high-yield credit team in a Wednesday press release.

The team consists of high-yield trader Kevin Kelly and analyst Brett Levy, in addition to two senior salesmen Jack Oestereich and Tom Morgan. The team joins Seelaus from Loop Capital.

As part of the expansion, the company said it will add a Stamford office in order to recruit more fixed-income professionals in the Connecticut and New York area.

“Given our recent success in the debt capital markets, and mature investment grade institutional business, a dedicated high yield team was a logical addition to our firm,” chief executive officer Annie Seelaus Mitnick said in the release.

“We are thrilled to be able to add such well-regarded veteran professionals in the space and to be able to offer our clients the full suite of credit exposure.”

Kelly started his career at Smith Barney trading high grade credit before moving to Stone & Youngberg, where he ran the credit desk. He continued in that role after the firm was acquired by Stifle but left when given the opportunity to build a high-yield credit team at Loop in 2015.

Levy joins Seelaus as a managing director, high-yield strategist. He was previously head of research at Loop Capital, Jefferies, Credit Suisse and Bankers Trust/Alex Brown.

The Summit, N.J.-based firm offers wealth management, retirement planning, portfolio management and other related services.

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