Back

Share Article

NEWS  | 

R. Seelaus & Co., Inc. Partners with Clients and Service Providers Across its Broker Dealer and Asset Management Business to Raise Over $100,000 to Donate to those Impacted by Covid-19

March 31, 2020 – [Chatham, NJ] – R. Seelaus & Co., Inc held its first ever “Donation Day” yesterday aimed at directly helping charities, hospitals and health care workers in local community. The idea for the day came directly from CEO Annie Mitnick and was quickly supported by the other partners of the firm. Mitnick announced the plan in an email to employees detailing her thoughts.

“We’ve been thinking a lot about what it means to be a mission driven firm in this time of crisis. Through all the homeschool, work from home, trying to stay healthy, and worrying about those who are sick, it is not lost on me that we are so fortunate to have a business and jobs that are secure and thriving when so many others do not.

As such, I have reached out to our non-profit partners to reiterate our support and ask what their pressure points are in surviving this crisis and continuing to serve their communities. In addition, I have watched in awe as our caregivers continue to battle on the front lines of this thing to keep us safe despite overwhelming challenges.”

Mitnick went on to say that the firm was committed to donate the first $100,000 of revenues to several local institutions including: The Visiting Nurse Association, The Overlook Hospital Foundation, The St. Barnabas Hospital Foundation, Girls on the Run, The Connection, Family Promise, The Summit Area YMCA, The Community Foodbank of New Jersey.

By the day’s end, through the generosity of many of the firms’ clients, both large and small, the goal was met and exceeded. In addition to the $100,000 in revenue, Seelaus employees personally committed another $10,000 and several of the firm’s service providers jumped in on the act as well.

“I think this is the most successful day the firm has had as my time as CEO,” Mitnick said as the dust settled. “There were several points throughout the day that I was moved to tears listening to the thankfulness of those we were supporting and watching our employees, clients and friends step up to the plate.”

“As a small business who has been operating in New Jersey for over 35 years, we knew we had a responsibility to step up right now and support those who are supporting us.” Added COO Ben Seelaus, “There are so many hard stories out there right now and so many people struggling, but there is also so much good. We hope efforts like those made by our employees, clients and partners today become more contagious that the disease.”

“Our firm understands that there are tremendous challenges ahead and stands ready to try and do more if needed,” said Kenny Klein, CEO of Seelaus Asset Management. “Days like today make me proud to be part of the Seelaus team.”

About R. Seelaus & Co., Inc.

R. Seelaus & Co., Inc. was founded in 1984 by Richard Seelaus. The firm was originally a municipal bond dealer conducting business with the major trust banks of New York and Chicago. In the over three decades since opening for business, the firm became a certified women’s business enterprise (WBE) and has grown into a full-service financial firm. R. Seelaus & Co., Inc. and its subsidiaries offer such services as investment advisory, asset management, capital markets, brokerage, fixed income and equity trading, institutional sales, and insurance services. The R. Seelaus & Co., LLC subsidiary is a broker-dealer registered with the SEC and member of FINRA and Seelaus Asset Management, LLC, is an SEC Registered Investment Advisor (RIA). With various fixed income trading desks and more than sixty professionals, both entities serve individuals, families, public and private companies, non-profit organizations, and institutional investors. The firm has offices in New Jersey, Connecticut, Florida, Illinois and Massachusetts. For more information about R. Seelaus & Co., visit http://www.rseelaus.com.

Weekly Syndicate Update

Insightful commentary from industry veteran Jim Brucia, Managing Director and Co-Head of Origination & Syndicate.

Explore the latest updates