(Bloomberg) -- Jefferies has hired a team from Oppenheimer & Co. to run a custody and emerging-market bond business for its wealth-management unit, a person with knowledge of the matter said.

The six-member team, led by led by Greg Fisher, includes financial advisors Carlos Alvarez, Matthew Kennedy and Greg Johnson, said the person, who asked not to be identified discussing personnel issues. Based in Atlanta, the team started this week and reports to Michael Armstrong, global head of wealth management, the person said.

Peter Albano, global head of taxable fixed-income sales at New York-based Oppenheimer, confirmed the departure of Fisher and his support staff, which also included an assistant and a person who focused on custody services.

Richard Khaleel, a Jefferies spokesman, declined to comment, as did Fisher, Alvarez, Kennedy and Johnson.

Fisher worked at Oppenheimer for a decade, most recently as co-head of institutional emerging-market fixed-income sales, where he focused on Central American and Caribbean clients. Alvarez, Kennedy and Johnson were salesmen. Before joining Oppenheimer, Fisher was a senior managing director at Bear Stearns, according to his LinkedIn profile.

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