StoneX Group has acquired a minority stake in Tigress Financial Partners, a firm known for its unique branding: “the nation’s only disabled and woman-owned investment firm”.
Founded in 2011 by Wall Street veteran Cynthia DiBartolo, Esq, Tigress Financial Partners is a SEC/FINRA registered full-service broker dealer providing services in capital markets underwriting, investment banking, equity research, global debt and equity securities sales and trading, and investor services including global wealth management and asset management.
The deal will put Tigress further in the spotlight as its clients will now be able to benefit from StoneX’s global reach, broad product range, and technology.
Alexandra Selby, Managing Director and Head of Agency Debt Sales for StoneX Financial, said: “It’s a privilege to partner with such a proven leader in the Minority & Woman-Owned Brokerage space. Tigress’ capabilities and unique relationships are complementary to our existing Equities and Fixed Income businesses, and we believe both legacy and new clients of Tigress will benefit from the enhanced product offering, cutting edge technology, and capital support that StoneX brings.”
Cynthia DiBartolo, CEO of Tigress Financial Partners said, “This transaction opens up a host of new doors for our legacy client base and allows Tigress to leap into new markets and products faster than we previously could have imagined. Of key importance to us, was that StoneX has demonstrated a strong corporate culture. They are committed to accelerating progress in both equality of opportunity and women’s empowerment, which are central to StoneX’s business growth and their social impact; as such they are the ideal partner to propel the Tigress business and mission.”
Tigress provides institutional and high net worth investors with expertise in investment banking, capital markets, research, corporate advisory and global trade execution services, asset management and global wealth management.
The investment company uses the catchphrase “the nation’s only disabled and woman-owned investment firm” in a time where values-based investing has taken the world by storm.
The trading industry has quickly adopted a trajectory toward environment, social, and governance (ESG) investing as both the public, governments, and companies give in to new found lobbying going viral, especially on social media.
StoneX has decided to announce the minority stake in Tigress in March, the “Women History Month” and ahead of March 8, the International Women’s Day.
Every year, the trading industry celebrates the international women’s day and produces content and events to celebrate women in the space.
This year, CMC Markets Connect will be hosting an International Women’s Day Virtual Roundtable as an opportunity to celebrate women in the Fintech space whilst looking at the trending topic ‘Blockchain and the future of digital settlements’, including the impact of blockchain in fostering a more “human-centric” economy.
Participants can register here.