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
Everett's ATS CEO named HBJ Executive of the Year U.S. businesses add jobs at slowest pace in 3 years 3:14 p.m. American Airlines dumps Zodiac, goes with B/E Aerospace 500-euro bill, beloved by money launderers, is discontinued 1:20 p.m. Cost estimate of Los Angeles-area gas leak hits $665 million Briefs: BECU, car dealerships raise money for Housing Hope