BTIG Charity Day 2025: Donating Commissions to Nonprofits
CNBC TelevisionJune 7, 20252 min488 views
8 connectionsΒ·11 entities in this videoβBTIG Annual Charity Day
- ποΈ BTIG is hosting its annual Charity Day today, an event that began in 2003.
- π° Since its inception, the event has donated over $60 million to hundreds of charitable organizations.
- π― The focus of this day is giving back, with founder Steven Starker emphasizing a shift from return on investment to charitable contributions.
Celebrity and Business Involvement
- π Celebrities and notable figures have attended, with actors raising funds for California wildfire charities.
- π¬ Designer Kenneth Cole discussed the challenges of bringing manufacturing back to the United States, citing the loss of support industries for products like shoes.
- π Cole suggested that manufacturing might shift to Europe, India, or South America rather than returning domestically.
Entertainment Industry and Economic Uncertainty
- π Entertainer Chris Jackson shared his perspective on investment in show business amidst economic uncertainty.
- ποΈ He highlighted the importance of small margins and controlling costs, suggesting that keeping ticket prices accessible is crucial for broader audience engagement.
- π¨ Jackson emphasized that creating art and assembling the right team are key for investors and producers in the entertainment sector.
- π€ Actors and sports superstars are participating by speaking with BTIG clients, with all commissions from the day going to charity.
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Whatβs Discussed
BTIG Charity DayNonprofit DonationsCommission DonationCalifornia WildfiresManufacturing in USSupply Chain DisruptionShow Business InvestmentTheater MarginsTicket PricesArt Creation
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