Academy Securities and J.P. Morgan Collaborate to Offer Portfolio Trading Services05.31.2016 By John D'Antona Editor, Traders Magazine
BUSINESS WIRE – NEW YORK–Academy Securities, a disabled veteran owned and operated broker dealer, and J.P. Morgan, a leading global financial services firm, today announced an extension of their existing relationship that is aimed at offering portfolio transitioning and rebalancing services.
Through the initiative, pension funds with portfolio assets to transition will be able to access the trading capabilities of Academy, while also utilizing J.P. Morgan’s global reach and liquidity.
“Academy Securities is pleased to expand our trading service offering by collaborating with J.P. Morgan. This initiative is an important component in growing our business,” said Chance Mims, Chairman and CEO at Academy Securities and a former Naval Officer. “Additionally, we are extremely appreciative of J.P. Morgan’s ongoing support of veteran initiatives and their support of Academy Securities.”
The firms plan to utilize their combined expertise and resources to provide portfolio managers best-in-class portfolio trading services. This effort also helps to further enhance Academy’s commitment to supporting veterans through employment, mentorship, and networking opportunities.
“We are proud to be working with Academy Securities in a way that allows us to best serve our clients while simultaneously giving back to our military veterans,” said Michael Bossidy, head of U.S. Equity Sales & Marketing, at J.P. Morgan.
JPMorgan Chase had previously announced a mentorship with Academy Securities through the U.S. Department of the Treasury Mentor-Protege program in 2012 to provide mentorship to Academy Securities, offering training and consultation on overall business and organizational management.
About Academy Securities
Academy Securities is the nation’s first and only post 9/11 disabled veteran owned and operated broker dealer. Academy brings together U.S. military veterans and seasoned industry experts to provide financial solutions to investment managers, public, corporate, and multi-employer pensions as well as municipalities, government agencies and corporate entities. The firm has offices in New York, Chicago, Chapel Hill, Boston and San Diego and is a FINRA-registered Broker-Dealer, California-certified Disabled Veteran Business Enterprise (DVBE), Certified Minority Business Enterprise (MBE), Service Disabled Veteran Owned Business (SDVOB), New York State Certified Service-Disabled Veteran-Owned Business, and SIPC member. Information about Academy Securities is available atwww.academysecurities.com.
About J.P. Morgan
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