Chaffe opens an office in Jackson, Mississippi

Chaffe & Associates, Inc. (“Chaffe”) is pleased to announce the opening of a full-service office in Jackson, Mississippi. Through this office, Chaffe will continue to provide specialized investment banking and advisory services to public and private businesses and community banks in Mississippi, including business valuation services for purposes such as estate planning, ESOPs, and fair value accounting.

John P. Hammond, formerly Vice President of Finance for SmartSynch, Inc. and Chief Financial Officer for American HealthTech, has joined the firm and will operate out of the Jackson office. Vanessa Brown Claiborne, President and CEO of Chaffe, noted, “Chaffe has an extensive track record in helping business owners throughout the Gulf South achieve their strategic objectives. We are especially excited to have John join us to help us more closely serve the Mississippi business community.”

Through its wholly-owned broker/dealer subsidiary, Chaffe Securities, Inc., the company also provides merger and acquisition services, fairness opinions, and assists companies in the private placement of securities. Jonathan W. Briggs, President of Chaffe Securities, stated, “We have many great relationships with companies and community banks in Mississippi. This office will allow us to strengthen those relationships and develop many more.”

Leland R. Speed, Executive Director of the Mississippi Development Authority, stated, “Chaffe & Associates has a very strong reputation in investment banking and I welcome them to Jackson. Our state’s economy will benefit from having a local investment banker with their level of expertise.”

Securities transactions are conducted through Chaffe Securities, Inc. (member, FINRA/SIPC), a wholly-owned subsidiary of Chaffe & Associates, Inc.