May 01 2018
Re: 2018 Mischler Memorial Day Month Pledge
Since our inception in 1995, Mischler Financial Group (“MFG”) has been devoted to meeting the capital market needs of the nation’s leading corporations, municipal issuers and a broad spectrum of the industry’s most demanding investment managers and public plan sponsors.
Of equal importance, throughout our history we’ve committed resources and year-round financial support to veteran-centric legislative initiatives, career building and mentoring veterans. This includes our support of carefully-evaluated philanthropic programs focused on improving the quality of SDVs and their families’ lives and charitable programs that concentrate on supporting the families of military men and women who made the ultimate sacrifice in the course of serving our country.
In connection with our year-round philanthropic mission, the months of May and November are specifically dedicated to honoring Memorial Day and Veterans Day. During these two months, we contribute a percentage of the firm’s profit to carefully-selected organization(s) that we believe provide a unique and positive impact on the lives of vets, SDVs and Gold Star family members who simply do not have the depth of resources that so many of us take for granted.
With that, in honor of “Memorial Day Month 2018,” MFG is proud to make our pledge to the Semper Fi Fund, one of the country’s highest-rated charities. Formed in 2004, “SFF” is committed to providing immediate financial assistance, education scholarships, career transition programs and life-time support to post-9/11 combat wounded, critically ill and catastrophically injured members of all branches of the U.S. Armed Forces and their families. Since its inception, Semper Fi Fund has distributed over $167 million to more than 20,000 service members and their families and MFG is therefore privileged to continue our support of SFF.
On behalf of the entire Mischler Financial Group family, we are grateful and honored that clients of our firm will be supporting our Memorial Day Month 2018 pledge via our trading and capital markets desks and/or direct contribution to SFF.
Dean Chamberlain (SDV) | Principal & Chief Executive Officer
Doyle Holmes | President & Chief Operating Officer
Walter Mischler (SDV) | Founder & Chairman
CenterPoint Energy Resources Corp. announces the closing of $600 million senior notes offering;
Underwriters include Veteran-Owned Mischler Financial Group
HOUSTON, March 28, 2018 /PRNewswire/ — CenterPoint Energy Resources Corp. (CERC), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today announced the closing of its offering and sale of $300 million aggregate principal amount of 3.55 percent Senior Notes due 2023 and $300 million aggregate principal amount of 4.00 percent Senior Notes due 2028. Citigroup, Credit Suisse, BofA Merrill Lynch, MUFG, Barclays, J.P. Morgan, Regions Securities LLC, and US Bancorp served as joint bookrunners. Mischler Financial Group, Inc. and The Williams Capital Group, L.P. served as co-managers.
“We appreciate the opportunity to partner with leading banks to finance investments that reinforce our system’s integrity, reliability, and performance for our customers,” said Scott Doyle, senior vice president of Natural Gas Distribution. “CenterPoint Energy, as evidenced by this transaction, remains committed to supplier diversity in meeting its financing needs.”
This news release does not constitute an offer to sell, or the solicitation of any offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.
This news release includes forward-looking statements. Actual events and results may differ materially from those projected. The statements in this news release that are not historical facts are forward-looking statements. Factors that could affect actual results include the timing and impact of future regulatory and legislative decisions, effects of competition, weather variations, changes in business plans, financial market conditions and other factors discussed in CERC’s Form 10-K for the fiscal year ended December 31, 2017 and CERC’s other filings with the Securities and Exchange Commission. A written prospectus may be obtained by visiting EDGAR on the SEC Website at https://www.sec.gov/.
CenterPoint Energy, headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of the common units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With nearly 8,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
The full new story is available via this link
Mischler Financial Group 2017 Annual Veterans Day Pledge Awarded to
Children of Fallen Patriots Foundation
Newport Beach, CA & Stamford, CT –November 1, 2017 —Each year, Mischler Financial Group, Inc., the securities industry’s oldest minority broker-dealer owned and operated by service-disabled veterans pledges a percentage of the firm’s profits to veteran and service-disabled veteran philanthropies as part of its annual Veterans Day charitable initiative. This year, Mischler is proud to announce that Children of Fallen Patriots (CFPF) will be the recipient of the proceeds. Established in 2002, CFPF supports Gold Star families with college scholarships and educational counseling to military children who have lost a parent in the line of duty. Since its inception, CFPF has provided the runway to educational success for young men and women throughout the United States.
Dean Chamberlain, Chief Executive Officer of Mischler Financial Group stated, “Since we opened our doors nearly 25 years ago, our mission has been binary. Our business ethos is to not only serve the marketplace needs of Issuers, state and local governments and institutional investment managers with the highest degree of market proficiency and integrity, but to also share the rewards of our efforts by supporting men and women injured while defending our freedoms and the families of those who made the ultimate sacrifice.” Added Chamberlain, “Thanks to the opportunities presented by our clients, we take great pride in paying forward by supporting carefully selected philanthropies throughout the year. When paying tribute to Veterans Day in particular, we believe CFPF exemplifies Gold Star recognition.”
About Children of Fallen Patriots Foundation
Nearly 20,000 dependents have been left behind by troops killed in the line of duty over the last 35 years. Many surviving families struggle to make ends meet with 63% of surviving spouses making less than $50,000 per year. CFPF scholarships and financial assistance, funded by loyal donors and corporate sponsors, have assisted nearly 1000 bright and motivated students throughout their undergraduate studies. The vision of CFPF is to ensure that every child of a fallen patriot receives all necessary college funding. The organization’s website is www.fallenpatriots.org
About Mischler Financial Group, Inc.
Mischler Financial Group, Inc. is a federally-certified Service-Disabled Veterans Business Enterprise (SDVOSB). We provide capital markets services across primary debt and equity markets, secondary market agency-only execution within the global equities and fixed income markets, and asset management for liquid and alternative investment strategies. Clients of the firm include leading institutional investment managers, Fortune corporate treasurers and municipal officials, public plan sponsors, endowments, and foundations. The firm’s website is located at https://mischlerfinancial.com.
Client Notification re: Mischler “2017 Memorial Day Month Pledge”
From: Office of Dean Chamberlain (SDV), CEO Mischler Financial Group, Inc.
Consistent with Mischler Financial Group’s annual initiative to commemorate Memorial Day and honor those who made the ultimate sacrifice while serving in our US military, this year we have dedicated a percentage of the month’s commission revenue to two organizations that are near and dear to our hearts and minds.
As we have done in prior Memorial Day and Veterans Day observances, Mischler is pleased to continue our support of Army Ranger Lead The Way Fund, the non-profit dedicated to raising funds to support disabled U.S. Army Rangers and the families of Rangers who have died, have been injured, or are currently serving in harm’s way.
As part of our May 2017 profit pledge, Mischler is equally proud to support the American Cancer Society via our sponsorship of the ACS 12th Annual Financial Services Cares Gala, which will be held June 22 at the New York Hilton Hotel. This year’s gala, which is expected to raise more than $1 million, will pay tribute to former KPMG Chairman & CEO Eugene O’Kelly, who passed away from cancer in 2005 and whose estate remains an ardent supporter of ACS cancer research grants.
Each of us here at Mischler, whether personally, through family members and/or friends and acquaintances are all-too-familiar with cancer’s devastating impact. Our support of the ACS is a testament to the crucial work it performs via research grants and assistance to patients undergoing treatment and their caregivers.
As the month of May pledge kicks off, on behalf of the entire Mischler team, thank you in advance to our sales/trading desk counterparties across the investment industry and the many Fortune 500 treasury teams we work with for your ongoing support of our mission.
Dean A. Chamberlain (SDV)
Chief Executive Officer
Mischler Financial Group, Inc.
Investment Banking | Institutional Brokerage
Former Pennsylvania State Senator Richard Tilghman, Sr. 1921-2017; A Profile in Leadership, Honorable Service Above and Beyond the Call of Duty and Unbridled Integrity
The entire Mischler Financial Group family extends our sincere condolences to our Managing Director & Head of Municipal Finance, Rick Tilghman, Jr. and his family. Rick’s Dad, Richard Tilghman, Sr., passed away in late February at the age of 96. A widely-regarded fixture in the State of Pennsylvania Senate, Richard Tilghman, Sr. was a decorated war hero who went on to serve Pennsylvania citizens for more than 30 years.
Illustrative of Senator Tilghman’s stature and life time accomplishments, former Pennsylvania Governor Tom Ridge, the country’s first US Secretary of Homeland Security stated, “Mostly, I’ll remember Sen. Tilghman as a good and decent man — a consummate gentleman — who served his constituents with distinction for many years. Michele and I extend our sympathies to the Tilghman family and friends.”
Richard Tilghman, Sr. 1921-2017 photo DAVID SWANSON / STAFF PHOTOGRAPHER, Philly.com
A strong advocate for veterans, Sen. Tilghman pushed through appropriations for the construction of the Pennsylvania Veterans Memorial at Indiantown Gap National Cemetery in Lebanon County. In 1999, he promoted the allocation of $2 million as Pennsylvania’s share of the funding for the National World War II Memorial in Washington.
Once a Marine, Always a Marine, Senator Tilghman was awarded the Silver Star for gallantry while serving on Iwo Jima in 1945. Rick Jr., followed in his Dad’s boot steps; prior to his professional career serving municipal finance issuers across the municipal bond market, he too served in the US Marine Corp, and was also recognized for his heroism while serving in Vietnam. Rick continues to garner accolades from financial industry peers, institutional investors and municipal issuers throughout the US Municipal Finance arena.
In addition to Senator Tilghman’s long and esteemed role as Chairman of the Pennsylvania State Senate Appropriations Committee, for nearly four decades he continuously advanced legislative and funding initiatives to support military veterans, as well as funding programs for breast cancer research and community programs to assist those with disabilities throughout Pennsylvania. In 2000, Sen. Tilghman’s contributions were recognized when he was inducted into the Pennsylvania Department of Military and Veterans Affairs Hall of Fame, and awarded the Pennsylvania Meritorious Service Medal for his “distinguished record of support for veterans’ programs and benefits while ensuring fiscal prudence in the expenditure of public funds.”
Our thoughts and prayers are with Rick and his entire family and we are proud to shout out “Semper Fi!” in tribute to Richard Tilghman, Sr.
Walter Mischler (SDV), Founder & Chairman
Dean Chamberlain (SDV), Principal & Chief Executive Officer
Doyle Holmes, President & Chief Operating Officer
Memorial donations may be made to the Southeastern Veterans Center Resident Welfare Fund via donate.dmva.pa.gov, or the National MS Society at nationalmssociety.org/donate.
Former Goldman Sachs International Equities Trader + Best Ex Sales/Trader Enlist with Veteran-Owned Broker-Dealer Mischler Financial
Newport Beach CA and Stamford, CT– March 08—Mischler Financial Group (“MFG”), the veteran-owned boutique investment bank and institutional brokerage announced the further expansion of the firm’s agency-only equities execution team with the hire of two additional global trade execution specialists. With the new hires, minority-certified Mischler now boasts ten dedicated equities trading professionals specializing in US Domestic and International Equities whose respective pedigrees include both senior buy side and sell-side trading desk roles for globally recognized institutions.
The new members of the Mischler equities trading desk team include Matthew Horan, a 15-year securities industry veteran who joins Mischler from global investment bank Goldman Sachs, where he was VP International Equity Sales/Trading. Based in Goldman’s Taipei office for the last 3 years, Horan covers long-only and hedge fund accounts in the U.S., Hong Kong, and Singapore. Prior to Goldman Sachs, Mr. Horan was Senior Vice President Equity Sales/Trading for BNP Paribas Securities and worked from BNP’s Taipei office. Earlier in his career, Mr. Horan was the Pan Asia Equity Trader for The Boston Company Asset Management, one of the industry’s leading fund management firms. Also joining Mischler is John Barone, a 25-year US equities trading market veteran who, prior to his role at Mischler, was Head of Equity Sales/Trading for agency brokerage Cheevers & Co. Earlier in his career, Mr. Barone was a Principal and Head of Equity Trading at William Blair & Company. He has also served as President of the Security Traders Association of Chicago and on the Board of Governors of the National Security Trader Association.
Matthew Horan will be based in Mischler’s Boston office, where the firm’s international equities execution team is overseen by Managing Director Larry Peruzzi. Mr.Barone will operate from Mischler’s Chicago trading desk and work with the firm’s Midwest area institutional clients.
Dean Chamberlain, Chief Executive of Mischler Financial Group stated, “We’re very happy to add two more formidable veterans to our global equities execution platform. Both Matt Horan and John Barone are uniquely talented equities execution specialists with long-standing relationships and deep fluency administering both high-tech and high-touch execution styles.” Added Chamberlain, “Of greater importance, the institutional clients that Matt and John have worked with over several decades can now benefit from our well-proven ability to deliver true best execution in both US domestic and international equities.”
About Mischler Financial Group
Established in 1994, Mischler Financial Group, Inc. (“Mischler”) is the oldest and largest minority-certified FINRA member firm owned and operated by military veterans. A federally certified Service Disabled Veterans Business Enterprise (SDVBE), Mischler is headquartered in Newport Beach, California, and operates 10 regional offices in major cities throughout the United States. The firm serves leading institutional fund managers, Fortune corporate treasurers, public plan sponsors, endowments, and foundations through its primary debt and equity capital markets practice areas and provides corporate share repurchase execution services and agency-only best execution services within the global equities and fixed income markets. In addition to new-issue underwriting and syndication within the US Equity and Debt capital markets, Mischler provides asset management for liquid and alternative investment strategies. The firm’s website is located at https://mischlerfinancial.com
For Additional Information:
Dean Chamberlain, CEO
Tel: 203.276.6646
Email: dchamberlain@mischlerfinancial.com
Bond Buyer Nov 10 2016 coverage of Mischler Financial Group re-published in parts with permission
Chip Barnett, BondBuyer
Duty. Honor. Country.
Gen. Douglas MacArthur’s words aren’t just a Veterans Day slogan for Mischler Financial Group.
MFG is America’s oldest institutional brokerage and investment bank certified as a Service-Disabled Veterans Business Enterprise (SDVOBE). The minority broker-dealer was founded in 1994 and certified by the State of California in 1995. It is also one of the first FINRA members certified by the US Department of Veterans Affairs, the State of New York and the Commonwealth of Massachusetts. MFG is 100% employee owned and operated and takes a value-added approach to its public sector business.
“We are unequaled in our command of the financial market terrains in which we operate, and unmatched in our sense of duty, discipline, integrity, and honor… in every undertaking. We leave no client behind,” according to the firm’s mission statement.
Mgn. Dir. Rick Tilghman (l), CEO Dean Chamberlain (r)
MFG’s public finance department includes new issue underwriting and full service secondary market trading of both general obligation and revenue bonds. The firm trades over $14 billion a month in fixed income alone. And it has extensive experience in the public finance underwriting field; the company underwrote its first municipal bond issue in 1999 for the Los Angeles State Building Authority. Today approximately 15% of its underwriting activity is municipal bonds. The firm is also a two-time counterparty to the New York Federal Reserve Bank.
Some of MFG’s recent deals include serving as: co-manager on DASNY’s $1.11 billion of state personal income tax revenue bond sale in October; co-manager on the Regents of the University of California’s $1.05 billion of Medical Center pooled revenue bond deal in August; co-manager on the Los Angeles Department of Water and Power’s $628.62 million sale of water and revenue bonds in April; and as a selling group member on New York City’s $800.06 million general obligation bond deal in August and on NYC’s $800.45 million GO deal in May.
Walter Mischler, MFG’s founder and chairman, and Dean Chamberlain, its chief executive officer, are both graduates of the U.S. Military Academy.
Mischler, West Point Class of 1969, served with distinction in the Vietnam theatre in the infantry during 1971-1972 before he became disabled. He founded the firm in 1994 and today continues his work with institutional investment managers, major corporations, and government agencies in the federal, state and municipal sectors.
Chamberlain, West Point Class of 1985, had his six-year tour of duty, where he held various leadership positions with the 4th Infantry Division, cut short after suffering a disabling injury during a parachute jump. He began his financial services career in 1992 at Donaldson, Lufkin & Jenrette, trading mortgage- and asset-backed securities. Before joining Mischler Financial in 2011, Chamberlain was a member of the board of directors for Nomura Securities International and served as its head of fixed income for the Americas and head of distribution in both North and South America. Previously, he was a senior executive for Bank of America Securities, where he was head of structured products distribution for the Midwest region. Chamberlain said what differentiates MFG from other firms is that “our capital is our own capital. We don’t borrow it from somebody else.” He said the company is reinvesting into the business with its own money, not with somebody else’s.
With headquarters in Stamford, Conn., and Newport Beach, Calif., the firm has offices in eight cities across the U.S. and is staffed by over 55 veterans of the securities industry.
MFG administers corporate share repurchase programs for leading companies, cash management for government entities and corporations, and asset management programs for liquid and alternative investment strategies.
“This firm has been around for over 20 years,” Chamberlain said, “but for 17 of those years did mostly secondary sales and trading in a robust client base covering cities, counties and states in the middle market.”
Over the last six years, he said, the firm has adopted a new business model that says “slow and steady wins the race, build our capital, hire veterans, hire qualified people and add value, add value, add value. And that’s done very well for all of us.”
Richard Tilghman, MFG’s Managing Director of Public Finance, exemplifies the best of that new strategy. He went to Yale University and spent 19 months in Vietnam as a Marine infantry officer.
Tilghman has been in municipal bonds since 1971. He began his career at First Boston Corp. in public finance and worked on its trading floor. He has been in munis ever since, having been employed at such firms as Greenwich Partners, First Albany, Public Resources Advisory Group, Lehman, and Ramirez & Co. He joined Mischler Financial in 2014.
He said the competitive arena was a new area that the firm has become involved in adding that the firm has already participated at the co-manager level on several bond sales.
Robert Karr joined MFG in 2011, to head the firm’s capital markets group. He previously worked at Bank of America Securities and at Prudential Securities, where he ran structured finance.
Karr said he believes in the idea of a firm that does “the right thing for the customer, where you may not maximize the value [for yourself] on a given trade or deal … but you build a business and a relationship for the long term.”
Since 2011, when MFG significantly expanded its capital markets focus and staffing, the debt capital markets group has done about 750 deals with over $920 billion in issuance from 156 unique issuers. In 2015, the firm was involved in 76 municipal deals for about $32.5 billion and so far in 2016, it has been involved in about 66 deals for about $30.8 billion.
In 2015, the firm had a record breaking year, with all underwriting areas doing about $295 billion of business in 107 issues.
“Our business ethos is we want people to say ‘great firm, great origination, great trading great service, great distribution and oh, by the way, they’re a service disabled veteran firm that gives back.’ That’s what it’s all about for us,” he said.
In its charitable role, MFG will donate a percentage of the entire month of November’s profits to The Bob Woodruff Foundation, The Johnny Mac Soldiers Fund and Buildon.org in observance of Veterans Day 2016.
For Mischler Financial Group, the battle to add value for its clients and provide support for the country while keeping its focus on those who have served in the military, is one precept to which they will be always faithful.
To continue reading coverage from The Bond Buyer, please click here (more…)
Mischler 2016 Annual Veterans Day Month Pledge Supports Three Special Philanthropies
Industry’s oldest Minority Firm Owned & Operated by Service-Disabled Vets Gives Back and Pays Forward
Stamford, CT & Newport Beach, CA –November 1, 2016 —Veterans Day is observed by Americans each year on November 11; the day that is dedicated to honoring and extending our gratitude to the millions of men and women who have served within the US military. At Mischler Financial Group (“Mischler”), the financial industry’s oldest institutional brokerage and investment bank owned and operated by service-disabled veterans, Veterans Day is observed every day, and each November Mischler pledges a percentage of the entire month’s profits to carefully-vetted charitable organizations that support veterans and their families in recognition of this national holiday.
To honor Veterans Day Month 2016, Mischler Financial Group has made a financial pledge to three separate organizations that go above and beyond the call of duty to support military veteran families and local communities. Those 501c3 organizations are Bob Woodruff Foundation, The Johnny Mac Soldiers Fund and Buildon.org.
Stated Dean Chamberlain, Chief Executive of Mischler Financial, a 20-year veteran of the securities industry and a U.S. Military Academy at West Point alumni, “There are now more than 20 million Americans who have served with integrity and honor in the US Armed Forces, yet when transitioning back to civilian roles, too many are encountering challenges as they seek higher ground. The Mischler Financial year-round philanthropic mission is dedicated to the military veteran community at large, and Veterans Day Month provides a special opportunity for our trading desk and our clients to work together to give back and pay forward to the veteran community in ways that can truly help change lives for the better.”
Added Chamberlain, “This past May, we made our Memorial Day Month pledge to crowdfund campaign Veterans Education Challenge, as we believe that advanced education is a core component to both personal and professional success. The organizations that we have pledged our Veterans Day Month support to provide equally unique runways by which veterans can further bolster their knowledge base and self-confidence, and in turn, help them to more easily target and capture opportunities as they advance forward.”
About The Bob Woodruff Foundation (501c3)
Mission Statement: Founded in 2006 by ABC News reporter Bob Woodruff and his wife Lee after Bob was hit by a roadside bomb while covering the war in Iraq. The Bob Woodruff Foundation has led an enduring call to action for people to stand up for heroes and meet the emerging and long-term needs of today’s veterans. To date, BWF has invested more than $33 million to find, fund and shape programs that have empowered more than 2.5 million impacted veterans, service members and their families. To learn more, visit their website
About The Johnny Mac Soldiers Fund (501c3)
Mission Statement: Committed to providing support to those most affected by the Global War on Terror. Assistance includes: College scholarships and grants; Financial aid for professional certification programs and non-degree programs; Educational career counseling and mentorship. visit their website.
About Buildon.org (501c3)
Mission Statement: To break the cycle of poverty, illiteracy and low expectations through service learning programs in many of America’s most under-resourced high schools. Buildon.org is dedicated to engaging and training high school students in the country’s most challenging urban areas by providing those students with the tools to proactively advance programs that can better the quality of life for members of their communities who are in need. visit their website.
About Mischler Financial Group Inc.
Established in 1994, Mischler Financial Group, Inc. (“Mischler”) was the first FINRA broker-dealer member that was also a federally-certified Service-Disabled-Veteran-Owned Business Enterprise (SDVOB). Since that time, Mischler has become widely-recognized by Fortune corporate treasurers, public pension sponsors and the industry’s leading institutional investment managers for “punching above its weight class” while serving as a boutique investment bank and conflict-free institutional brokerage. Mischler is unique among its peers for its capital markets capabilities, as well as the firm’s year-round advocacy and support of veteran-centric causes. Mischler maintains offices in 8 major cities and is staffed by more than 55 securities industry veterans whose expertise extends across virtually all primary and secondary debt and equity capital market silos. In addition to traditional DCM and ECM services and secondary market best execution, Mischler administers corporate share repurchase programs for leading Fortune companies, cash management for government entities and corporations, and asset management programs for liquid and alternative investment strategies. The firm’s website is www.mischlerfinancial.com
For Additional Information:
Attn: Office of the Chief Executive
Email: info@mischlerfinancial.com
Tel. 203.276.6646
Many military families across the United States (and in other countries) boast a proud tradition of extending their military service legacy down through the generations. At Mischler Financial Group, our senior leaders, including Founder/Chairman Walt Mischler and now, Chief Executive Dean Chamberlain are intimately familiar with the sometimes bittersweet emotion experienced when our children come of age and make the life-changing decision to embrace a path that requires a commitment that can inevitably put our children in harm’s way.
With a sense of pride and admiration (and always a sense of concern), Mischler Financial Group extends a REALLY BIG HOOAH TO RACHEL CHAMBERLAIN, SCHOLAR ATHLETE-ROTC CADET-UCLA CLASS OF ’20 , Pictured below, Cadet Chamberlain (l) joins the incoming Bruin Battalion.
(l) Rachel Chamberlain, UCLA ROTC CLASS ’20
2016 Memorial Day Pledge by Mischler Financial Group Provides High Yield Return for VetEdChallenge Crowdfund Campaign
(from left) Avis and Bruce Richards, Founders of VetEdChallenge, MFG Analyst Jonathon Herrick, Mischler Financial CEO Dean Chamberlain
Stamford, CT— June 22, 2016 —Memorial Day and Veterans Day are the two US Holidays dedicated to honoring those who have served within the US military and those who have made the ultimate sacrifice while defending our country. At Mischler Financial Group, a debt market specialist and the securities industry’s oldest broker-dealer owned and operated by Service-Disabled Veterans, these two national holidays represent more than just a time for remembrance, they are a call to arms and the inspiration for month-long missions during which the firm and its squad of military veterans-now-financial industry veterans go beyond the call of duty. During the months of May and November, the firm allocates a portion of the months’ entire commission revenue to carefully-vetted programs dedicated to helping US military veterans and their families.
On May 1, Mischler made its annual Memorial Day Month pledge to Veterans Education Challenge, aka @VetEdChallenge, the crowdfund campaign launched on Veterans Day 2015 and committed to providing veteran educational scholarships with a preference to Pell-eligible undergraduate and graduate students. This week, Mischler CEO Dean Chamberlain and Mischler Financial Group founder Walt Mischler, both graduates of the US Military Academy at West Point, and both certified SDVs who have since risen to the top ranks of the financial industry, announced that the firm has delivered a check in the amount of $22,000 to the Veterans Education Challenge campaign. The first $1million raised before Veterans Day 2016 will be matched by philanthropists Bruce and Avis Richards. Mr. Richards is a co-founder of Marathon Asset Management, the $13bil AUM fund specializing in global credit and fixed income.
CEO Dean Chamberlain
Stated Dean Chamberlain, “We evaluate philanthropies similar to the way top investment managers analyze financial market opportunities; the goal is to achieve the highest risk adjusted returns when compared to alternatives.” Added Chamberlain, “Until we’re proven wrong, we believe that investing in the education of disciplined and determined veteran students provides the greatest return on capital for those students, their families, the enterprises they go to work for and the communities in which they live.”
Contributions to Veterans Education Challenge will go towards veteran scholarship awards that go beyond the provisions of the GI Bill and will be based on financial need with a priority and preference to Pell-eligible undergraduate and graduate students. Veterans will be eligible to renew awards based on financial need and standing with their universities.
About Mischler Financial Group Inc.
Established in 1994, Mischler Financial Group, Inc. (“Mischler”) was the first FINRA minority broker-dealer member to be designated as a Service-Disabled-Veteran-Owned Business Enterprise (SDVOB). The firm is now widely-recognized by Fortune corporate treasurers and leading investment managers for “punching above its weight class” while serving as a boutique investment bank and conflict-free institutional brokerage. Mischler is unique among its peers for its capital markets capabilities as well as the firm’s year-round advocacy and support of veteran-centric causes. Mischler maintains offices in 8 major cities and is staffed by more than 50 securities industry veterans whose expertise extends across virtually all primary and secondary debt and equity capital market silos. In addition to traditional DCM and ECM services and secondary market best execution, Mischler administers corporate share repurchase programs for leading Fortune companies, cash management for government entities and corporations, and asset management programs for liquid and alternative investment strategies.
# # #
For additional information:
Dean Chamberlain, Chief Executive Officer
(T) 203.276.6646
Email: dchamberlain@mischlerfinancial.com
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