MELVILLE, N.Y., Sept. 15, 2021 /PRNewswire/ -- American
Veterans Group, Wall Street's first and only public benefit
corporation, is collaborating with Wells Fargo to fund programs
that provide transition and employment assistance for veterans.
Together, American Veterans Group and Wells Fargo have donated
to the Mt. Carmel Veterans Service Center in Colorado Springs, Colorado, which will help
the non-profit organization align recently discharged military
personnel, veterans and their spouses with suitable and satisfying
employment. The gift will help 500 veterans transition to the
civilian workforce.
The donation will allow the agency's Transition & Employment
team to help individuals through a multi-step process from
assessing needs, helping develop resumes and interview skills, to
connecting them with potential employers, among other coaching and
wellness services. The team collaborates with employers, military
installations, and community partners to ensure success.
"Mt. Carmel's holistic approach to providing wellness and career
services to the veteran community is truly exceptional," said
Ben Biles, co-founder and chief
executive officer of American Veterans Group. "Collaborating with
Wells Fargo to support this worthy cause will ensure they can
continue the work they are doing to empower the lives of veterans
and strengthen the communities in which they live."
American Veterans Group is a social-impact investment banking
firm that dedicates 25% of its earnings to support veterans causes.
The gift to Mt. Carmel Veterans Service Center was made possible by
American Veterans Group's investment banking relationship with
Wells Fargo. Wells Fargo has included American Veterans Group
as co-manager on several debt offerings during the past
year-and-a-half.
"Wells Fargo is committed to empowering military communities to
effectively navigate life's transitions to achieve ongoing career
and financial success," said Sean
Passmore, head of military initiatives for Wells Fargo. "We
are proud to support Mt. Carmel's career transition program that
makes it easy for veterans and their families to access critical
resources needed to achieve success."
Mt. Carmel Veterans Service Center provides transition and
employment assistance, behavioral health and wellness, supportive
services, connection to community resources, and safe event space
for veterans, military members and their families. Their services
are free and confidential and open to veterans of all eras
regardless of discharge status.
"The majority of transitioning service members have numerous
fears, doubts and concerns about their level of preparedness to
transition to the civilian workforce," said Robert McLaughlin, Executive Director of Mt.
Carmel Veterans Service Center. "We are extremely grateful to Wells
Fargo and American Veterans Group for recognizing the valuable work
our organization is doing to help veterans transition to civilian
life and find meaningful employment. Their collective gift will
make it possible for our Transition & Employment team to
continue to offer support to members of the veteran community as
they pivot to civilian life."
About American Veterans Group
American Veterans Group,
PBC, is a military veteran-owned, social impact-focused broker
dealer that delivers value to institutional clients while providing
meaningful philanthropic support to the military veteran community.
The company reinvests 25% of its earnings in national and local
military veteran non-profit organizations that provide worthy
services and support to one of America's most vulnerable, at-risk
populations. As Wall Street's only public benefit corporation,
American Veterans Group empowers institutional clients to partner
in its social mission while enabling them to remain focused on key
business objectives and goals. To learn more about American
Veterans Group, visit their website at
www.americanvetsgroup.com.
About Mt. Carmel Veteran Service Center
Mt. Carmel
Veterans Service Center provides transition and employment
assistance, behavioral health and wellness, supportive services,
connection to community resources, and safe event space for
veterans, military members and their families.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading
financial services company that has approximately $1.9 trillion in assets, proudly serves one in
three U.S. households and more than 10% of small businesses in the
U.S., and is the leading middle market banking provider in the U.S.
We provide a diversified set of banking, investment and mortgage
products and services, as well as consumer and commercial finance,
through our four reportable operating segments: Consumer Banking
and Lending, Commercial Banking, Corporate and Investment Banking,
and Wealth & Investment Management. Wells Fargo ranked No. 37 on Fortune's 2021 rankings
of America's largest corporations. In the communities we serve, the
company focuses its social impact on building a sustainable,
inclusive future for all by supporting housing affordability, small
business growth, financial health, and a low-carbon economy. News,
insights, and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
Media Contacts:
For American Veterans Group
Mark Kroeger
The Boldsquare Group
(513) 236-3109
mark@boldsquare.com
For Mt. Carmel Veterans Service Center
Alexa Gromko
AdPro 360 Communications Director
719-360-8401
agromko@adproresults.com
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SOURCE American Veterans Group