CAPIS is a compliance-driven institutional broker that focuses on high-touch global trade execution and commission management solutions. We combine an advanced technology platform with a fully transparent model, a deeply experienced team, and an unparalleled dedication to client service.
As a compliance-focused firm, CAPIS helped pioneer the commission management practice for institutional investors. Today, we’re one of the only brokers who enable investment managers to earn research credit in multiple asset classes, including global equities, fixed income, and options trades. CAPIS is also the leading provider of commission recapture solutions for sub-advised funds and plan sponsors. Taken together, these offerings have enabled us to earn the trust of some of the industry’s most prominent institutional investors – and we invite you to experience the difference for yourself.
Born out of the deregulation of brokerage commissions in the mid-1970s, CAPIS was a pioneer in creating the unbundled independent research model. Founder Don Potts’ vision was to create an alternative to the traditional bundled research model. He believed that independent third-party research provided more value than bundled, proprietary research – and was ultimately better for investors.
Through this transparent model, managers and their clients knew exactly what they were paying for. As managers learned that they could receive independent research through client commissions, CAPIS’ business began to grow, and the company expanded from equities into additional asset classes.
What Does a Purple Duck Have to Do with Trading and Research?
The short answer: not much. The long answer: when you have a unique, compliance-driven model like ours, you need some kind of metaphor to show just how rare that is.
The CAPIS business model has always been protected by the safe harbor provisions of Section 28(e) of the Securities Exchange Act of 1934. We provide our clients with a transparent way to supplement their internal research efforts with valuable investment research from independent providers, ultimately benefiting the underlying investors. The regulatory landscape may be in constant motion, but by working with us, you can trust in our trading excellence, transparency, and compliance.
Today, CAPIS is one of the few independent agency brokers. By concentrating our resources exclusively on trade execution and commission management, and by always encouraging our traders to seek out the best execution venues and tools, we’ve developed the skills, relationships, and technology to provide institutional investors with the best trading results we can.
Ann Sebert, CEO, continues to guide the firm in accordance with Don’s vision from over four decades ago. We’re proud to say that our legacy is secure.
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