HEAD OF U.S. OUTSOURCED TRADING AND MANAGING DIRECTOR
Bobby appears in the Top 100
People in Finance Magazine
Born into an entrepreneurial family with an innate ability to adapt quickly and diversify himself, Bobby Croswell grew into a talented athlete and respected leader. He was recruited to play baseball for the University of Mississippi, where he served as president of the Sigma Chi Fraternity and earned a bachelor’s degree in business administration. Upon graduating, Bobby pulled up stakes and headed to New York City, where he soon landed a position at BTIG—a global financial services firm that specializes in institutional trading, investment banking, research, and related brokerage services. As a partner and managing director of the Outsourced Trading Division, he played key roles on the trading desk and in developing the firm’s client relationships.
After 12 years of success at BTIG, Bobby resigned to accept an opportunity to join Cowen Inc. as a managing director and head of U.S. Outsourced Trading. Since 2018, his primary focus has been on business development—managing and growing the team, maintaining relationships with clients, and liaising with independent organizations and other divisions within the company—to provide clients with the best experience possible. With the help of Bobby’s industry relationships across roles and sectors, the clientele has grown by more than 250%, and Cowen has been named Best Outsourced Trading Firm by both HFM and Hedge Week. Bobby works with other bulge bracket prime brokerage consulting teams, lawyers, administrators, order management system providers, and others within the finance industry to further the company’s prestige, market share, and overall footprint.
Since its founding in 1918, Cowen has become a diversified financial services firm with a focus on delivering value-added capabilities to help clients outperform. The company operates through two business segments: a broker dealer and an investment management division. Through its headquarters in New York and offices across the world, Cowen provides investment management, equity, research, electronic trading, investment banking, asset management, prime brokerage services, and outsourced trading.
Cowen’s Outsourced Trading Division consists of more than 40 global, multi-asset traders and is one of the largest outsource trading teams around the world. Most of Bobby’s team members joined the division with backgrounds from well-known hedge funds and large asset managers on the buy side. They are located throughout New York City, Stamford, Boston, San Francisco, Atlanta, London, and Hong Kong.
Outside of his roles at Cowen, Bobby enjoys giving back to his alma mater as a former president of the Ole Miss New York Alumni Association and as a former member of the University of Mississippi’s Business School Advisory Board. He is also actively involved in charitable works for the community. Bobby sits on the boards of Rowayton Little League and the Foundation for Affordable Housing—an organization dedicated to providing safe and affordable homes to low-income families in over 100 communities.
Along with his business administration degree, Bobby holds license series 24, 7, 55, and 63.
Head of US Outsourced Trading and Managing Director