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CAPIS, a Women-owned Broker/Dealer, Launches Charity Initiative

November 19, 2019 GMT
CAPIS, a Women-owned Broker/Dealer, Launches Charity Initiative
CAPIS, a Women-owned Broker/Dealer, Launches Charity Initiative

DALLAS--(BUSINESS WIRE)--Nov 19, 2019--

Capital Institutional Services (CAPIS), a Dallas-based institutional broker/dealer, has launched an internal initiative to use its women-owned status to empower women. The “Small Business, Big Impact” initiative will involve the WBENC-Certified Women’s Business Enterprise (WBE) donating a portion of their revenue from diversity-mandated business to a few select charities that serve women.

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Coleen Donohue, CAPIS salesperson who created the “Small Business, Big Impact” charity initiative, delivered the initial donation to Andrea Brown, VP of Philanthropy at Girls Inc. (Photo: Business Wire)

Kristi Wetherington, CAPIS Chief Executive Officer, supports the effort to use CAPIS’ diversity status to lift others. “As one of very few women-owned broker/dealers, it is important that we ‘pay-it-forward’ to those in need. This is a rewarding initiative, and we are grateful to be positioned to help fellow women and the next generation,” says Wetherington.

When a corporation with a diversity mandate chooses CAPIS as an execution partner via their treasury desk, corporate buybacks, or commission management, CAPIS will donate a portion of that revenue to one of three charities. The charities were selected after examining their missions, services and life-changing impacts.

The charities chosen are:

Coleen Donohue, the CAPIS salesperson who created the “Small Business, Big Impact” initiative, states, “The charities we’re working with are dedicated to empowering women in all facets of their lives. Their extensive programs help these individuals navigate gender, economic, and social barriers. At CAPIS, we approach this initiative as an opportunity to help foster personal growth. You never know, some of the women or girls benefitting from our partnerships may become the women CEOs of our future!”

The over-40-year-old company has a long history of unconflicted execution services and personalized client support, but its status as a WBE is relatively new. CAPIS became women-owned after succession planning in 2015. Since then, the firm has been looking for ways to make positive impacts, especially as there are not many companies in the financial industry like it.

Ann Sebert, CAPIS Chief Financial Officer and Treasurer, shares, “Our employees are passionate about our position as a diverse vendor. This is just one prong of a larger strategy to be a champion for all women, whether they are in the financial industry or not. You’ll be seeing more from us as we build on this commitment.”

ABOUT CAPIS

Capital Institutional Services, Inc. (CAPIS) is a leading women-owned, independent U.S. institutional broker specializing in 24-hour global trading, independent research and commission management programs for asset managers, plan sponsors, and broker-dealers. Supported by advanced trading technology, CAPIS traders deliver superior execution in domestic and international equities, fixed income, derivatives and program trading. With over four decades of experience in the independent research and commission management business, the firm’s industry-leading CCA and CSA programs provide added tools for reducing transaction costs and improving performance. CAPIS is a member of the NYSE, FINRA, NFA and SIPC. CAPIS is also a WBENC-Certified Women’s Business Enterprise. For more information, visit www.capis.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005723/en/

CONTACT: Media Contact:

Torri Carroll

214-922-3250

tcarroll@capis.comBusiness Contact:

Coleen Donohue

214-978-4784

cdonohue@capis.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: OTHER PHILANTHROPY WOMEN PHILANTHROPY CONSUMER

SOURCE: Capital Institutional Services

Copyright Business Wire 2019.

PUB: 11/19/2019 10:14 AM/DISC: 11/19/2019 10:21 AM

http://www.businesswire.com/news/home/20191119005723/en