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Nuveen hires former Truist, Citi vet as head of muni trading

BY SourceMedia | MUNICIPAL | 10/24/25 01:35 PM EDT By Caitlin Devitt

Nuveen has hired Jamie Doffermyre?as its head of municipal trading, a firm spokesman said Thursday. It is a new role created for the hire.

Doffermyre will report to Nuveen's head of municipals, Dan Close. "We're thrilled to welcome Jamie to the team in a new role that reflects our commitment to our municipal clients," Close said in an email.

Nuveen now has 80 employees on the municipals team, the firm said.

Doffermyre comes to the firm after a three-year stint at Truist Securities, where his most recent role was?head of public finance origination and syndicate. Before Truist, he was at Citi for seven years where he was head of municipal sales and managing director. He left Citi in August 2022, according to his LinkedIn page. Citi in December 2023 exited the municipals business.

Doffermyre was at Merrill Lynch from 2004 to 2014 where he was head of municipal high-grade trading from 2011 to 2014. Bank of America (BAC) acquired Merrill Lynch in 2009.

"Jamie brings his years of industry leadership and experience to Nuveen to enhance our high yield trading capabilities, help manage our growing ETF platform and cultivate closer collaboration between our research and portfolio teams around relative value," Nuveen said in a press release announcing the hire.

He will be based in Chicago.

Nuveen had $188 billion in municipal assets under management and $1.3 trillion across all asset types as of the end of June.

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