September 22, 2014
“Equity Through Education Day” to Drive Scholarships for Students, Women Entering Financial Services
The Financial Women’s Association (FWA) is pleased to celebrate 10 years of giving in partnership with the BMO Capital Markets Equity Through Education program, where the bank donates 100% of institutional equity trading commissions earned in a single day to charitable organizations that support students and their post-secondary goals.
The FWA has received $1.85 million to date from trading commissions generated by Equity Through Education, providing assistance to several young women entering the industry.
“We are proud to work with BMO and Equity Through Education for another year,” said FWA president Maureen Adolf. “The financial industry is continually eager to grow the pool of talented young women. On this day, it’s important to remember that every trade that is made can impact the life of a young woman or other deserving student.”
Kamellia Saroop, a graduate of Baruch College and now an equity research associate at BMO, is among the young women who have benefited from the annual Equity Through Education trading day, now in its 10th year. Kamellia says the FWA-BMO program “helped with funding her education and establishing a career in the financial services industry.”
To date, the Financial Women’s Association (FWA) has received $1.85 million from trading commissions generated on BMO Capital Markets’ annual “Equity through Education Day.” The funds have been used to provide assistance to young women entering the industry through Baruch College and Murry Bergtraum High School. And since its inception in 2005, the BMO Capital Markets Equity Through Education Program has donated $12.8 million — the equivalent of one day’s institutional trading commissions earned across North America over nearly a decade — directly to organizations that provide access to education. This translates into assistance to over 2,500 students through scholarships, bursaries, mentoring programs and job search strategy forums.
The FWA is a nearly 60-year-old association dedicated to advancing women in the industry. For more about the FWA’s financial educational programs, visit: http://fwa.org/initiatives/mentoring-scholarships/