Veteran-Owned Mischler Financial Group, Inc. Signs Agreement to Purchase Specified Assets of AmeriVet Securities, Inc. and Welcomes Experienced Professionals

After closing, expects further expansion of full-service capital markets capabilities, market access, distribution reach, and resources for institutional and public-sector clients.

IRVINE, Calif. & NEW YORK--(BUSINESS WIRE)--Mischler Financial Group, Inc. (“Mischler”), today announced that it has entered into a definitive agreement to purchase specified assets of AmeriVet Securities, Inc. (“AmeriVet”). The transaction has received required regulatory approval, is expected to close in the coming weeks, and includes the addition of a group of capital markets and other professionals.

“This expansion strengthens our ability to serve clients across the capital markets landscape,” said Dean Chamberlain, CEO of Mischler. “The addition of experienced professionals and complementary capabilities will enhance the solutions, market access, and resources we provide while reinforcing our longstanding commitment to clients, the veteran community, and execution excellence.”

“Our priority remains delivering exceptional service and providing clients with access to a broader range of capital markets solutions,” said Rob Karr, Head of Capital Markets. “We are proud to welcome AmeriVet professionals to Mischler, where they can leverage their experience and expertise to help us build on Mischler’s long record of excellent, client-focused service.”

The exiting AmeriVet Co-CEOs will join Mischler: “I am excited to join Mischler and leverage its exceptional platform to provide clients with expanded access to capital markets capabilities and resources,” said Michael Naidrich, incoming Senior Managing Director, Capital Markets. U.S. Marine Corps combat veteran Steven Kay, incoming Managing Director, Capital Markets, added, “I look forward to joining the Mischler team and contributing to its commitment to high-touch, relationship-driven service, while supporting the military community.”

James Tabacchi, President of South Street Securities Holdings, Inc., AmeriVet’s principal shareholder, added, “AmeriVet and South Street built a talented team with strong client relationships across the capital markets. We are pleased to see those professionals join Mischler, where they can continue their success.”

About Mischler Financial Group

For more than 30 years, Mischler has served institutional clients, participating in trillions of dollars of transactions, as the nation’s longest-running certified Service-Disabled Veteran-Owned Small Business (SDVOSB) broker-dealer and a Minority Business Enterprise (MBE). Backed by a highly experienced leadership team and seasoned market professionals, the firm’s qualifications have been earned through execution quality, market expertise and intelligence, and consistent client service.

Mischler delivers primary capital markets expertise and trading, secondary markets institutional sales and trading, foreign exchange, geopolitical advisory, analytics, liquidity, and sustainable and impact investment solutions across fixed income, equity, and municipal markets, serving corporate issuers, governmental entities, public pension plans, and investment managers. Mischler is also honored to have been selected four times by the Federal Reserve Bank of New York as one of a small number of non-primary-dealer counterparties alongside the Fed’s primary dealers.

Central to Mischler’s mission is a deep and enduring commitment to veterans and underserved communities, from advocacy helping shape the federal VOSB and SDVOSB programs to substantial hands-on and financial support through internships, mentoring, recruiting, hiring, retention, volunteering, and charitable giving.

Headquartered in Irvine, California, Mischler maintains key offices in Stamford, New York, Boston, and Chicago, with representatives nationwide.

Mischler Financial Group, Inc., is a registered broker-dealer, Member FINRA/SIPC.

Important Information: Mischler is acquiring only the assets expressly identified in the definitive agreement and is not acquiring AmeriVet Securities, Inc. or assuming its liabilities. This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security or financial product.