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 chairman and CEO at and a former naval officer Chance Mims said: "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.
"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.
JP Morgan head of US equity sales & marketing said: "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."
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.
