SMC Entertainment, Inc. and its 100% wholly owned subsidiary Genesis Financial, Inc., a diversified financial services company with a focus on fintech-powered wealth management advisory services, are pleased to announce that they have retained Buckman, Buckman & Reid, Inc. (“BB&R”) to provide investment banking services, help in facilitating a capital raise and other advisory services.
BB&R, founded in 1988 and based in Little Silver, New Jersey, is an independent full-service securities brokerage firm (broker/dealer) engaged in a variety of activities, including retail and institutional brokerage, wealth management, investment advisory services, private offerings and other investment banking activities.
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Pursuant to the engagement agreement (“Agreement”), BB&R will review SMC’s business and financial condition, corporate structure and to advise on future acquisitions, financing, and growth.
“BB&R is the right partner for us at the right time” quoted Erik Blum President of SMC’s Genesis Financial “This is a huge step in our ability to raise capital, up-list and vet the acquisitions we have targeted. I have known and worked with BBR and Mr. Furman for many years; their reputation for excellence precedes them. With BBR as our partner we believe we have all the right tools in place for us to execute on our vision. I am thrilled that we were able to engage BBR and we look forward to achieving what is necessary to grow our company”.
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“It’s a privilege to be working with Mr. Blum and the leadership team to help navigate the company’s transformation and growth over the coming years. Our focus is to assist in that growth and to build a company that drives shareholder value in their markets.” stated Scott Furman, Head of Investment Banking.
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