SNW Asset Management, a wholly owned subsidiary of Seattle-Northwest Securities Corporation (SNW), has hired Tim Benzel as an assistant portfolio manager.

Benzel joins the firm from Bolton Group, an investment team of Neuberger Berman, where he was responsible for research and the ongoing due diligence of individual credits, as a research associate at the firm, an Oct. 12 statement said.

His experience also includes the analysis and trading of a variety of fixed-income securities including corporate, municipal, treasury, agency and mortgage-backed securities.

As a broker-dealer, parent company SNW has been active in the bond market for over 40-years, the statement noted. Through SNW Asset Management, it offers fixed-income asset management services. In addition to Seattle, the firm has offices in Salt Lake City, Portland, Boise and Los Angeles.