Frank Perkins Hixon Jr. was sentenced Friday in federal court in Manhattan.
Authorities say Hixon was a senior executive at the Evercore Group investment banking firm when he used the brokerage accounts of an ex-girlfriend in lieu of formal child support payments.
The government says Hixon generated a $260,000 profit by trading on information he knew because he headed an Evercore team advising on a deal by a liquid storage company to sell assets.
Authorities say he used his father’s brokerage account to generate $710,000 in profits.
Evercore fired Hixon in January after investigating his trades.
MORE HBJ HEADLINES
Profits plunge at major U.S. oil companies U.S. rig count drops 11 this week to 420, another all-time low There’s rare good news on the retirement front Canadian dollar rises above 80 cents U.S. mark OPEC oil output surges as Iran looks to regain market share U.S. wage increases subdued in first quarter