American investment manager First Foundation has appointed Raymond Mow as its new managing director of fixed income.

After assuming his new role, Mow will serve on the company’s investment management team.

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With more than 25 year of experience in financial sector, Mow will also spearhead the firm’s fixed income investment portfolios.

Mow will be responsible to develop investment strategies leveraging fixed income assets to help clients achieve their financial goals, the company said.

Before joining First Foundation, he served as senior portfolio manager at Highmark Capital Management. He focused on municipal bond asset management and helped the wealth management team in developing and reviewing their clients’ portfolios.

Commenting on the appointment, First Foundation Advisors president John Hakopian said: “We are very excited to welcome Raymond to the team, and we know his experience will make an immediate positive impact to our investment management offering.

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“Fixed income is an important part of our asset allocation for many of our clients, and we are pleased to have a senior leader like Raymond leading our efforts in this area.”

Mow said: “I am looking forward to working with the team to help deliver these solutions to clients and continue the excellent client service that clients have come to expect from First Foundation.”

Established in 1990, First Foundation delivers private wealth management, personal banking, and business banking services to its customers.