BUSINESS WIRE  – NEW YORK–Academy Securities Inc. (“Academy Securities”), a disabled veteran-owned and operated broker-dealer, and Alembic Global Advisors LLC (“Alembic Global Advisors”), an independent equity research firm, today announced a partnership between the two firms. The firms will approach both the investor and corporate markets with their combined capabilities. Through the partnership, institutional investors will access the trading capabilities, new issue calendar, equity research and corporate access events of both Academy and Alembic. Corporate clients will be able to utilize the firms’ combined capital markets capabilities in both equity and fixed income, as well as the corporate access opportunities with an expanded investor base.

“Academy Securities is pleased to expand our equity capabilities by collaborating with Alembic Global Advisors. This initiative is an important component in growing our business,” said Chance Mims, Chairman and CEO at Academy Securities and a former Naval Officer. “Expanding our business will allow us to continue the firm’s important social mission of recruiting and training military veterans to allow them to have successful careers in the financial services business.”

The firms plan to utilize their combined expertise and resources to provide portfolio managers best-in-class equity research, sales, and trading expertise. This effort also helps to further enhance Academy’s commitment to supporting veterans through employment, mentorship, and networking opportunities.

“Our new partnership enables us to better serve clients with Alembic’s best-in-class equity research and Academy’s sales trading and equity capital markets capabilities,” said Hassan Ahmed, Partner and Global Head of Research at Alembic Global Advisors. “Further, we are thrilled to be a part of the very important social mission supporting veterans.”

“The combination of the Alembic and Academy investor client bases will allow us greater distribution of our research product,” said Stephen Matthews, Partner and Global Head of Sales at Alembic Global Advisors. “We are excited to be combining our team’s extensive sales experience with Academy’s sales trading expertise.”

“The expanded capabilities brought about through this partnership will greatly enhance both parties ability to grow their businesses. The broadened equity distribution capabilities will materially strengthen the firm’s ability to distribute new issue equities,” said Quinten Stevens, Managing Director, and Head of Equities at Academy Securities.

Academy Securities will continue to operate as the broker-dealer Academy Securities, Inc. and Alembic Global Advisors will continue to operate as Alembic Global Advisors, a registered investment advisor, until such time as the appropriate regulatory approvals have been received to combine the businesses on a permanent basis.

About Academy Securities

Academy Securities is a preeminent disabled veteran owned investment bank with strength in public finance, fixed income and equity trading and underwriting. Leadership and staff have had intensive military training prior to entering and gaining in depth financial services experience in global capital markets. We are mission driven with a high ethical code, a solid sense of accountability and strive for excellence in the pursuit of our clients’ success. Intellectual assets, strong visionary leaders and a proud team commitment bring out the best in each other for the benefit of our clients. Academy is our nation’s first and only post-9/11 disabled veteran owned investment bank and is a certified as a DVBE, SDVOSB, and MBE. The firm has a strong top and middle tier client base served by a national platform with offices in New York, Chicago, Boston, San Diego and Chapel Hill.