There are times when the brokers from whom we secure allocation of stock, (i.e. for Initial Public Offerings, Rights Issues, or other investment opportunities) pay us a ‘Placement Fee’. Since receiving commission and placement fees is contradictory to our fee for service philosophy, we donate all placement fees received to charity.
Last year, as part of this initiative, we donated to two programs providing aid for street kids in Cambodia: Friends International and Green Gecko. We would like to pass along this warm and appreciative article posted by Campaign for Kids to all of our clients.
For further information on the charities we support, please see Our Community.
Thank you to all of our clients who continue to support our charity efforts.