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The SIFMA Foundation’s annual event will take place on October 27 at Cipriani 25 Broadway in Lower Manhattan
Posted: October 26, 2021 at 8:00 a.m. CDT|Update: 33 minutes ago
NEW YORK, Oct. 26, 2021 / PRNewswire / – SIFMA and the SIFMA Foundation to Host their Annual Tribute Dinner at Cipriani 25 Broadway in Lower Manhattan to October 27 of 6:00 p.m. – 9:00 p.m.. The Foundation’s annual dinner is an evening to celebrate and raise awareness of the importance of financial education and literacy for young people and the 20 million young people served to date by the SIFMA Foundation.
The dinner will also serve to honor Kathleen murphy, President, Personal Investments, Fidelity Investments, for her leadership and commitment to the financial industry and financial education, and James Reynolds Jr., Founder, President and CEO of Loop Capital, for his longstanding commitment and dedication to helping millions of young people become financially capable. The Foundation will also pay a posthumous tribute to Paul E. Purcell, Former Chairman, President and CEO, Baird, for his lifetime of leadership in the area of ​​youth financial education and financial literacy.
“This is a great opportunity to honor three luminaries,” said Melanie Mortimer, President of the SIFMA Foundation. Kathy, Jim and Paul have supported the Foundation’s mission by providing financial education to young people of all backgrounds through innovative programs that promote financial independence and real-world learning. Plus, they serve as role models and quality representatives for young people of all backgrounds aspiring to careers in the financial services industry. “
Mortimer noted that now, more than ever, “developing financial literacy for young Americans is critical,” because only a third of American adults can pass a simple financial literacy test and only 24% of millennials have financial literacy. basic, according to a study conducted by FINRA, the financial sector regulator. The rate of financial literacy among blacks and Hispanics is particularly alarming.
“It just doesn’t matter if we are truly committed to economic mobility and a secure future, especially for people living in marginalized communities,†Mortimer said. “One of the main goals of the SIFMA Foundation is to ensure that young people from all walks of life have access to effective means of learning how the financial markets work.”
Kathleen murphy agrees that this objective is essential. She said: “I am exceptionally delighted to be honored at this year’s SIFMA Foundation Tribute Dinner. The SIFMA Foundation has always done an incredible job providing financial education programs and tools that enhance economic opportunities in all communities.
“As President and Member of the Board of Directors of SIFMA, I know first-hand the impact the Foundation continues to have in fostering knowledge and understanding of financial markets for people from all walks of life, and in particular young people. blacks and browns, â€Reynolds said.
the former Chairman of the Board, President and CEO of Baird, Paul E. Purcell, is committed to advancing access to education.
“We would like to thank the SIFMA Foundation for recognizing Paul’s contribution to our industry and his overall commitment to education,†said Steve booth, Baird President, President and Chief Executive Officer. Paul had a special calling – and that was to help underserved students. He firmly believed that we have an obligation to ensure that everyone, regardless of where they live or their circumstances, has access to a meaningful education. quality.”
Murphy is a nationally recognized thought leader and speaker on such vital topics as investing and empowering women, financial literacy, customer experience, digital transformation, talent and leadership. .
Reynolds runs the largest minority-owned financial services company and one of the largest private investment banks in the United States. He has been a leader in promoting diversity, inclusion, equity and belonging in the workplace.
About the SIFMA Foundation for Investor Education
The SIFMA Foundation is dedicated to fostering knowledge and understanding of financial markets for individuals from all walks of life, with a focus on young people. Drawing on the involvement and expertise of educators and the financial sector, the SIFMA Foundation offers financial education programs and tools that enhance economic opportunities in communities and increase individuals’ access to market benefits. global. Notable Foundation programs include The Stock Market Gameâ„¢, which has helped more than 20 million students prepare financially for life, the InvestWrite® national essay competition, the Capitol Hill Challengeâ„¢, and invest in the future®. For more information on the work of the SIFMA Foundation, visit Facebook, Youtube, @SIFMAFoundation, LinkedIn, Instagram.
About SIFMA
SIFMA is the premier trade association for brokers, investment banks and asset managers operating in the US and global capital markets. On behalf of the nearly one million employees in our industry, we advocate for laws, regulations and trade policy affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, as well as efficient market operations and resilience. We also provide a forum for industry policy and professional development. SIFMA, with offices in new York and Washington DC, is the US regional member of the Global Financial Markets Association (GFMA). For more information visit www.sifma.org.
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SOURCE Securities Industry and Financial Markets Association
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