Institutional Sales

Bernard A. Costello

Bernard A. Costello

Executive Director, Institutional Sales/Trading

Phone | 561-893-6021

Bernard A. Costello is Executive Director, Institutional Trading/Sales at FMSbonds, Inc.

Mr. Costello joined FMSbonds, Inc. with more than 25 years of municipal securities trading experience. His specific expertise is in long duration, high yield, high grade and taxable municipal bonds.

Prior to joining the firm, Mr. Costello was a Managing Director and head of municipal securities trading for both Morgan Stanley and Barclays Bank (New York, NY 2010-2023).

During this time, Mr. Costello also served on the Board of Directors for TMC Bonds (2016-2017), an ECN that pioneered the development of electronic trading of municipal securities.

He began his career in the municipal securities industry at Citi.

Mr. Costello graduated in 1996 with a BSBA in finance from Villanova University.

Born and raised in the suburbs of New York City, Mr. Costello loves outdoor sports and is an active member of his community.