How This Wall Street Firm Salutes Veterans Day

veterans day

Broker-Dealer Mischler Financial Group (“Mischler”) (www.mischlerfinancial.com) , the securities industry’s oldest minority investment bank and institutional brokerage owned and operated by Service-Disabled Veterans announced that in connection with the firm’s annual recognition of Veteran’s Day, Mischler has pledged a portion of the firm’s entire November 2015 profits to The Bob Woodruff Foundation (“BWF”), the national non-profit established by the award-winning ABC News journalist Bob Woodruff and his wife, Lee Woodruff. Mischler contributes more than 10% of the firm’s profits to disabled veteran initiatives throughout each year.

Mischler Financial’s pledge to Bob Woodruff Foundation coincides with the firm’s ongoing sponsorship of Veterans on Wall Street (VOWS), the financial industry’s leading advocacy dedicated to mentoring and career development of military veterans who transition to the financial services industry.

In a statement by Mischler Financial Chief Executive Dean Chamberlain, a former US Army Captain and a U.S. Military Academy at West Point graduate,  “Our continued commitment to Bob Woodruff Foundation, as well as our role at VOWS, is based on our legacy of re-directing firm profits to support what we believe are the most crucial, service-disabled veteran programs. Our giving back strategy targets four discrete objectives; direct financial support that can be truly impactful, career building and mentorship, advancing veteran-centric legislative initiatives, and working with major corporations to help guide their respective internal veteran mentoring and community outreach programs.”

Added Chamberlain, “The fact that our institutional trading desk clients make it a point to support our philanthropic mission serves as inspiration for all of our team members and underscores a shared alignment with causes that are critical to our nation’s veteran community; for that we are greatly appreciative.”

Entire release at http://mischlerfinancial.com/category/news-and-information-mischler-financial-service-disabled-veteran-owned-minority-broker-dealer/giving-back-service-disabled-veterans/

Citigroup Salutes Veteran-Owned BrokerDealers

citigroup salutes veteran-owned brokerdealers

In advance of this year’s Veteran’s Day (Wed, Nov 11), BrokerDealer.com salutes Citigroup for its salute to veteran-owned brokerdealers. Citigroup (NYSE:C), is not only one of the world’s leading investment banks, it is also one of the financial industry’s most focused firms when it comes to diversity and inclusion. Citi’s leadership is long recognized for its corporate philosophy that strives to create good will among employees and respect of clients through initiatives that advance job creation and improving standard of living. In that spirit, Citi announced that it worked exclusively with veteran-owned brokerdealer firms to syndicate a recent $1.5 billion bond issuance, clearly showing Citi’s commitment to providing opportunities to the veterans’ community.

In the transaction, which priced on October 23, Citi hired five veteran-owned financial firms to distribute the bonds to investors. The firms comprised Academy Securities, Inc.; CAVU Securities, LLC; Drexel Hamilton, LLC; Mischler Financial Group, Inc.; and Multi-Bank Securities, Inc.

“Citi is proud to support our nation’s veterans and to partner with these firms, all of which executed with excellence and assisted us deliver a very successful transaction,” said Suni Harford, Citi’s Regional Head of Markets for North America. “This deal provides a great example of how companies can partner with veteran-owned businesses to provide opportunities for them to grow and succeed.”

BrokerDealer.com hosts the global financial industry’s most comprehensive database of broker-dealer firms, including comprehensive information for brokerdealers operating in more than 30 countries across the free world

Through the October 23 deal, Citi re-opened a $2 billion issuance originally priced in September, pricing $1.5 billion in additional bonds and bringing the total outstanding securities to $3.5 billion. Investors responded positively to the deal, which Citi hopes will be the first of similar transactions involving veteran-owned firms in the future.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

 

Wall Street BrokerDealer Aims To Support Veterans

tradersmagazine BrokerDealer.com blog update courtesy of Traders Magazine

In honor of the upcoming U.S. Veteran’s day holiday, one Wall Street institutional broker is increasing the amount of profits it donates that are aimed to help U.S. servicemen and women.

Veteran’s Day is next Tuesday, November 11.

Mischler Financial. a California-based investment bank and institutional brokerage owned and operated by Service-Disabled Veterans, announced it is expanding its current give-back program. This year, the broker is donating a portion of its profits to three additional and separate non-profit organizations in honor of those who have served the country’s military.

The new charities are:

The Bob Woodruff Foundation
Children of Fallen Patriots
BuildOn.org

Dean Chamberlain, CEO Mischler Financial Group

Dean Chamberlain, CEO Mischler Financial Group

“Through our ongoing commitment to Veterans on Wall Street, this Veteran’s Day we are honored to pledge our financial support to these new organizations,” said Dean Chamberlain, chief executive and principal of Mischler Financial Group. “We also look forward to continuing our commitment to the non-profit devoted to inspiring our young generation to drive positive change through community service and education.”

Headquartered in Newport Beach, California with regional offices in Stamford, CT, Boston, MA and Chicago, IL., Mischler Financial Group is a federally-certified minority broker-dealer and a Service-Disabled Veterans Business Enterprise. It provides capital markets services, agency-only execution within the global equities and fixed income markets and asset management for liquid and alternative investment strategies