Siebert Financial Launches Investment Banking Division, Adding Industry Leaders Kimberly Boulmetis and Ajay Asija as Co-Heads

Core Viewpoint - Siebert Financial Corp. has launched Siebert Investment Banking to cater to middle-market clients often neglected by larger financial institutions, led by experienced professionals Kimberly Boulmetis and Ajay Asija [1][3]. Group 1: Company Expansion - Siebert Investment Banking will focus on tailored solutions for underserved companies in financial services, including FinTech, depository, and specialty finance, with plans to expand into blockchain and digital assets [2]. - The new division will leverage Siebert's extensive retail distribution network in addition to existing institutional channels, aiming to provide certainty of execution in equity and debt financings [2]. Group 2: Leadership and Expertise - Ajay Asija has over 25 years of investment banking experience, having advised on transactions exceeding $90 billion at firms like Lehman Brothers and J.P. Morgan, and recently served as CFO of BM Technologies [4]. - Kimberly Boulmetis, with over 25 years in debt capital markets, previously led U.S. Financial Institutions for the DCM Group at MUFG, focusing on innovative strategic and financing solutions for financial institutions [5][6]. Group 3: Strategic Vision - CEO John J. Gebbia Sr. highlighted that investment banking is a natural extension of Siebert's commitment to providing best-in-class financial solutions, emphasizing the importance of Asija and Boulmetis' expertise in developing a strong platform [3]. - The investment banking division aims to deliver high-quality advisory services to middle-market clients, ensuring they receive the same level of expertise as larger firms [5].