Explore cash-management options with our team

For more than 40 years, Federated has managed cash at the short end of the yield curve, vigilantly ensuring the strength and stability of our money market funds. Let our experienced professionals assess your liquidity needs and guide you through our wide range of cash-management products and services.

Brian Sean Ronayne Brian Sean Ronayne
Senior Vice President, National Sales Manager
Capital Markets
Institutional & Retail Cash Management
Federated Securities Corp.

Brian Ronayne is a Senior Vice President and Head of Capital Markets, Institutional and Retail Cash Management for Federated Securities Corp.

Mr. Ronayne assumed management responsibility of Federated’s Broker/Dealer Cash Management Services in 2009. In 2006 he was appointed the Head of the Institutional Cash Division and in 2003 he was named Head of Sales for Federated Global Capital Markets. In 1999 Mr. Ronayne was named the Head of U.K. Sales responsible for marketing Federated’s offshore products and services in the United Kingdom. In 1996 Mr. Ronayne co-created the Federated Capital Markets Division. Mr. Ronayne started his career at Federated in 1991 responsible for Bank/Broker Dealer sales in the Mid-Atlantic Region.

Mr. Ronayne is a graduate of Loyola University, 1991.


Institutional Cash & Capital Markets Sales Team

This dedicated group of sales professionals is responsible for national business development and client support around Federated’s liquidity management solutions. These include money market funds, private and collective liquidity funds, ultra-short bond funds and separately managed accounts. Clients include corporations, universities, nonprofits, government entities, insurance companies, hedge funds and asset-management firms. We have established relationships with money fund portals and capital markets sales desks, with a full complement of Federated products.

Stephen J. Costlow

Stephen J. Costlow, CTP
Vice President, Institutional Cash and Capital Markets 

Region: Southeast
Previous Associations: Senior Internal Sales Representative, Federated Investors
Education: B.S.B.A., University of Pittsburgh
Joined Federated: 2004

Scott Holick

Scott Holick
Vice President, Institutional Cash and Capital Markets

Region: Central
Previous Associations: Vice President, Invesco; Vice President, Lehman Brothers Asset Management
Education: B.B.A., Finance, Texas Tech University
Joined Federated: 2009

Jonathan B. Lipinski

Jonathan B. Lipinski, CTP
Vice President, Institutional Cash and Capital Markets

Region: Midwest/Southwest
Education: B.B.A., Financial Management, Minor in Economics, University of New Mexico
Joined Federated: 2000

Paul Magan

Paul Magan, MBA
Vice President, Institutional Cash and Capital Markets

Region: Northeast
Education: MBA and B.S., Fordham University
Joined Federated: 2004

John Mosko

John Mosko
Vice President, Institutional Cash and Capital Markets

Region: Mid-Atlantic
Previous Associations: Money Market Sales, HSBC and Wachovia
Education: B.S.B.A., University of Delaware
Joined Federated: 2008

Ryan Newman

Ryan Newman
Senior Sales Representative, Institutional Cash and Capital Markets

Region: West
Previous Associations: Director of Business Development/Relationship Manager, ReFlow Services, LLC; Institutional Fixed Income Sales, Goldman Sachs & Co.
Education: B.A., Economics and Finance, Muhlenberg College
Joined Federated: 2017

Keith Nixon

Keith Nixon
Senior Vice President, Institutional Cash and Capital Markets

Region: Nationally
Previous Associations: Senior Vice President, Wealth Management and Trust, Federated Investors; Senior Vice President, National Sales Director, Institutional Sales, Federated Investors; Vice President, Sales Director, Trust Sales Group, Federated Investors
Education: B.S., Economics, University of Pittsburgh
Joined Federated: 1978

Cash Management Services

Bill Boarts

Bill Boarts
Vice President, Cash Management Services

Region: Midwest/Southwest
Previous Associations: Vice President, Senior Retirement Consultant, Federated Investors
Education: B.S. Economics, Edinboro University of Pennsylvania
Joined Federated: 2004

Ed Bozek

Ed Bozek
Vice President, Cash Management Services

Region: Northeast/Central
Previous Associations: Vice President, Capital Markets, Federated Investors
Education: B.S. Management, Penn State University
Joined Federated: 1986

Steve Francis

Steve Francis, MBA
Vice President, Cash Management Services

Region: West
Previous Associations: Fixed Income Sales, Wells Fargo Securities; Fixed Income Sales, Bank of America Merrill Lynch
Education: MBA, BA, BA University of Washington
Joined Federated: 2016

John Rush

John Rush
Senior Client Manager, Cash Sweep Services

Region: Nationally
Education: B.S. Westminster College, M.S. University of Pittsburgh
Joined Federated: 1992