Nation’s Oldest Veteran-Owned Broker-Dealer Marks 25th Anniversary and Grows Institutional Cash Management Products & Services
Newport Beach, CA & Stamford, CT, December 4, 2019–Mischler Financial Group, Inc. (“Mischler”), the financial industry’s oldest diversity-certified investment bank owned and operated by service-disabled veterans today announced a further expansion of the firm’s institutional cash management services and ESG-powered money market fund platform that partners with the financial industry’s top fund managers. The firm’s liquidity solutions group will be led by former Bank of America executives La-Yona Rauls and Christopher Walsh.
Dean Chamberlain, Mischler’s CEO stated, “As we celebrate our 25th anniversary, our imperative is to always remain relevant to our institutional and corporate treasury clients by having domain experts deliver the best quality products and services that are germane to our clients’ specific needs. This latest expansion of our team with highly-regarded industry veterans who can introduce clients to a broad menu of ESG-centric money market funds, and further complemented by our offering a matrix of liquidity solutions for cash market strategies enables us to stay true to our mission.”
Added Chamberlain, “We know that clients have many options within the context of firms they look to for value-added solutions. The corporate treasury executives and asset managers who are already acquainted with La-Yona and Chris know they can be counted on to provide a truly bespoke approach for any client who requires objective guidance for cash market products and smart liquidity management strategies.”
La-Yona Rauls joins Mischler as Managing Director, Head of Corporate Cash Strategies. She brings the firm and its clients more than two decades of experience and product fluency across the spectrum of domestic/offshore money market mutual funds, Rates, money markets, structured products, municipals and IG Corporate debt. Prior to joining Mischler, Ms. Rauls held successively senior roles for Bank of America Merrill Lynch, where she most recently served as Director, Western Region Sales and team lead for all Western Region business initiatives focused on large corporate, middle markets and business banking lines of business. Ms. Rauls is also credited with creating and hosting an annual round-table event for Fortune 100 finance executives and securities industry thought leaders focused on ESG and Green investing themes, governance, as well as Diversity and Inclusion best practices.
Chris Walsh joins Mischler as Head of Short-Term Fixed Income and Global Liquidity Solutions. A 25-year cash markets veteran, Mr. Walsh has held senior roles for BGC Partners and Bank of America Merrill Lynch, where he was Head of Short-Duration Sales and Global Investment Solutions. Mr. Walsh was also Director of Fixed Income Institutional Sales for Credit Suisse. Commenting on his new role, Mr. Walsh stated, “As my career evolves, I wanted to join an organization that blends the highest quality service and talent with a strong, value-based mission. Mischler’s boutique-style firm combines these elements in a unique way, and I’m very excited to join a team that has become forefront in the industry.”
Established in 1994, Mischler is the securities industry’s oldest minority-certified broker-dealer owned and operated by Service-Disabled Veterans and a federally-certified Service-Disabled Veteran-Owned Small Business Enterprise (SDVOSB). Mischler boot prints can be found across the primary debt and equities capital markets, where the firm serves as a pure complement to the role played by lead underwriters and works with a broad spectrum of corporate debt and equity issuers and municipal debt issuers. Mischler’s holistic approach to institutional brokerage combines next-level technology with concierge-style, high-touch service to provide better execution for corporate treasury clients overseeing share repurchase and FX hedging strategies and for asset managers who oversee investment strategies across domestic and global equities, ETFs, fixed income, rates, and FX markets. In October 2018, Mischler forged a strategic partnership with GTS ,a global electronic market maker, powered by combining market expertise with innovative, proprietary technology. As a quantitative trading firm continually building for the future, GTS leverages the latest in artificial intelligence systems and sophisticated pricing models to bring consistency, efficiency, and transparency to today’s financial markets. GTS accounts for 3-6% of daily cash equities volume in the U.S. and trades over 10,000 different instruments globally, including an active ETF trading platform. GTS is the largest Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization. For more information on GTS, please visit www.gtsx.com.
Additional information about Mischler can be found at www.mischlerfinancial.com