Odeon Capital Group, a fixed income broker-dealer with investment banking and research services, has opened its new office in Boca Raton, Florida.

Odeon said that its new office will serve as a launching point for future sales, trading and research development across Florida and the southeastern US.

The new office is the third location for Odeon, and marks the second expansion for the New York-based firm in under a month.

Ronald Tesmond has been hired as a senior vice president of Odeon to lead the new office’s sales and trading initiatives, which span traditional and esoteric asset classes. His investment career spans nearly two decades in the fixed income markets and features a specialization in structured products, portfolio management, security valuation and trading.

Prior to his position with Odeon, Mr Tesmond worked at Deutsche Asset Management, Banc One / JP Morgan and most recently ACP Securities, where he was a vice president.

Evan Schwartzberg, CEO of Odeon, said: “The deep talent pool in South Florida made it an obvious choice for a new location as we look to bolster our top-in-class staff and further expand our full-service model nationwide. Above all else, Odeon’s ability to identify and retain key talent is the backbone of our vast research, trading and sales capabilities, and will continue to be the cornerstone of our growth strategy.”