Academy Securities, an investment bank started in 2009 by a retired naval officer, is on a mission to put veterans of the Afghanistan and Iraq wars to work in the securities industry.

The firm, which teamed up with JPMorgan as part of a U.S. government mentor-protégé program to rise to ninth in Thomson Reuters' ranking of municipal bond managers for the year to date, has a goal to expand its staff to 100, from 40.

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