A number of financial service companies and related organizations are stepping up with pro-bono efforts and charitable initiatives in the wake of Tropical Storm Sandy.
“We sent a note to advisors encouraging participation in TD Ameritrade’s Red Cross Donation drive,” says TD Ameritrade spokesperson Kristin Petrick. “We are giving $250,000 and will match up to an additional $250,000.”
The company has established a donation website for those interested in making a personal contribution and to ensure the donation is matched.
Pershing LLC, based in hard hit Jersey City, N.J., announced on Thursday that it will contribute at least $1 million to the American Red Cross, local food banks and agencies to support basic urgent needs in the wake of the storm.