The Broadsmoore Group has appointed Brian Anderson as ceo in its effort to re-engineer the investment model with an in-depth due diligence process and risk analysis objective.

Anderson has over 29 years of experience working in fixed income sales and trading, mortgage finance and operational expertise. He was previously coo at Vanquish Capital Group and prior to this was at Washington Mutual's capital markets group as a director specialising in structured credit transactions.

The firm intends to add more executives in due course. Abraxas Discala, Broadsmoore ceo, says: "Over the last year, the Broadsmoore Group has built a vision of how it will create a more secure and efficient Wall Street and restore investor confidence. We are strategically selecting a team of seasoned executives with a vast array of expertise."