Our executive Team
Our executive Team
Chairman
Mr. Ronald Purpora is currently the Managing Partner and Chairman of Hartfield, Titus & Donnelly, LLC (HTD), an institutional fixed income securities broker-dealer. He is also the Managing Partner of RW Smith & Associates, LLC (RWS), an institutional municipal bond broker-dealer. Both companies are registered with the Securities and Exchange Commission and are FINRA registered broker-dealers headquartered in Jersey City, New Jersey with branches in Los Angeles, San Francisco, Dallas, Chicago and Boca Raton, Florida.
Prior to joining HTD and RWS, Mr. Purpora completed a 33-year career at ICAP North America (ICAP N.A.), a wholly owned subsidiary of British based ICAP Plc. He held various positions at ICAP N.A., including roles as CEO of ICAP N.A. Securities, as well as President and COO of ICAP N.A. He also served as a member of the ICAP Global Executive Management Group from 1999-2010 which was responsible for executive oversight and strategic planning concerning ICAP Plc.’s global enterprises. Mr. Purpora retired from ICAP N.A. in 2010 and then served as a consultant to ICAP N.A. until 2014.
Mr. Purpora has been an active member in a number of securities related organizations, including serving as a Board member of the Bond Market Association and Gov-PX, as well as a board member/executive committee member of the Depository Trust Clearing Corporation for 7 years. His volunteer work over the course of his career included: Boston College Wall St. Council Member; Finance Chair of St. Joseph and St. Thomas church; Kids Against Cancer; Cooley’s Anemia Foundation and board member of Richmond County Country Club. He also served as a member of the Heart institute of Staten Island and was its Chairman from 2008-2010.
Ron is married to his wife Gail for 47 years. Together they have 2 children and 7 grandchildren.
General Counsel
Ed joined Hartfield, Titus & Donnelly in January 2013 and is the General Counsel, Chief Compliance Officer and Corporate Secretary of the firm.
His responsibilities include the management of Administration, Compliance, Legal and Human Resources.
Prior to joining HTD, he was employed at ICAP North America as Associate Regulatory Counsel and Chief Compliance Officer of ICAP Securities USA LLC, ICAP Electronic Broking LLC and First Brokers Securities LLC, three of ICAP’s four US-based broker dealers. Before working at ICAP, Mr. Smith was employed at Morgan Stanley & Co., Inc. where he covered Corporate Credit Compliance in the Institutional Fixed Income Division.
Jay began his career in Municipal Bond Brokerage in 1976 at Titus & Donnelly's back office. He worked at Drake and JJ Kenny Drake before moving to Hartfield.
Mr. Caldas worked on and managed desks across various market sectors including Bid Wanted, General Markets, Long End, New York, High Yield and Situations. In 1999 he moved from the desk to design and implement HTD's web-based trading system HTDonline.com. He is currently responsible for all aspects of HTD's online presence and their technology as well as marketing and business development.
Senior VP and National Brokering Manager
Paul has more than 30 years of experience in the Inter-dealer broker market.
In his position as Senior VP and National Brokering Manager, Mr. Emanuel is responsible for the direct oversight of over 30 brokers in five branches located across the country.
Prior to joining HTD, Mr. Emanuel attended Syracuse University where he received an athletic scholarship. He graduated with a major in Economics and minors in both Philosophy and Math.
Paul has been actively involved with various charities including Children International, Wounded Warriors and the Maxcure Foundation which benefits pediatric cancer. He has also been involved within the Greek Orthodox Church
Chief Operating Officer
Chris joined Hartfield, Titus and Donnelly following a three-decade career with ICAP, plc. He brings HTD a unique combination of a deep understanding of the Interdealer Broker space and the technological nuances of electronic trading. He has been a pioneer in electronic brokerage with experience in business development, product positioning, systems design, development and deployment. The trading model that he helped to design remains the predominant trading platform for the interdealer fixed income market across the globe.
In addition to the senior executive positions at ICAP, he serves on Advisory Boards for the Stevens Institute of Technology School of Systems and Enterprises and their Financial Systems Center. He was a founding member and three-term Chairman of the Wholesale Markets Brokers Association, Americas, as well as a long-time mentor with the Columbia University Executive Masters in Information Technology program.
About Us
HTD understands that our success is directly linked with that of our clients and dedicates its resources to serving them with the utmost professionalism of staff, the performance of our technology, and the character of our leadership.
About Us
HTD understands that our success is directly linked with that of our clients and dedicates its resources to serving them with the utmost professionalism of staff, the performance of our technology, and the character of our leadership.
HTD has been in business since September of 1965. Early on, the firm realized that the Municipal bond business was conducted regionally by a relatively small number of brokers. To this day, local factors continue to play a major role in the distribution and marketing of municipal securities. With this in mind, JF Hartfield began to open branch offices that were located in cities that were home to Federal Reserve Banks. Over the years, additional offices were opened and existing ones re-located or combined in response to the shifting demographics of the Municipal Securities industry. Throughout this time, HTD has continually provided this blend of national coverage at a regional level in the secondary Municipal market.
In 1999, JF Hartfield merged with Titus & Donnelly and has leveraged the strengths of both with material investments in trading system technology, expanding its leadership position and presence in the market. Today our customers range from single-person offices in suburban or rural locations to large trading desks in metropolitan cities with each receiving equal coverage and access to the liquidity that is aggregated by HTD. Our five office locations supported by more than 30 brokers creates one of the most geographically diverse brokers in the industry and commands a major share of secondary market interdealer trades.
HTD benefits from a rich history which has helped us form a strong future serving our clients.