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first albany corp.
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Founded in 1953 in Albany, New York, First Albany Corp. (also known as First Albany Companies) was a prominent independent investment bank, brokerage, and asset management firm. The company specialized in providing capital raising, financial advisory, and brokerage services to a diverse client base of corporations, institutional investors, and high-net-worth individuals. It had a strong focus on regional markets, particularly in the technology and healthcare sectors, eventually growing to a national presence. In 2007, it acquired Broadpoint Securities Group and was subsequently rebranded as Gleacher & Company in 2009. The successor company later ceased its primary business operations.
United States
Industry
Financial