DALLAS (September 17, 2021) – Capital Institutional Services, Inc. (“CAPIS”), an independent broker-dealer serving institutional investors, announced today that it has hired Eric Burt as Vice President and Trader on its Outsourced Trading desk. Prior to CAPIS, Burt was Head of Equities and Senior Trader with Fiera Capital. Before Fiera, he was Head Trader and Managing Director of EII Capital Management for 16 years. Eric graduated from Villanova University with a degree in History and Political Science. He maintains Series 7, 57, and 63 licenses.
“Eric possesses all of the unique skills of a buy-side trading veteran along with the technical savvy to quickly learn and master our order management systems,” said Chris Hurley, CAPIS Director of Institutional Sales and Head of Outsourced Trading. “He covers accounts the way he liked to be covered during his tenure on the buy-side. Eric is a great fit and we look forward to a long and mutually beneficial relationship with him and his clients.” “I’m delighted to be joining the CAPIS family and a deep bench of traders that work tirelessly for the clients of the firm,” said Burt. “Joining the outsourced trading team allows me the opportunity to leverage 25 years of buy-side experience to help support the product offering.”
Burt’s hiring comes during a period of increased demand for outsourced trading services as asset managers come under pressure to streamline their trading processes and cut costs.
Capital Institutional Services, Inc. (CAPIS) is a leading agency-only independent U.S. institutional broker specializing in 24-hour global trading, independent research, and commission management programs for asset managers, plan sponsors, and broker-dealers. Supported by advanced trading technology, CAPIS traders deliver superior execution in domestic and international equities, fixed income, derivatives, and program trading. With over four decades of experience in the independent research and commission management business, the firm’s industry-leading CCA and CSA programs provide added tools for reducing transaction costs and improving performance.
CAPIS is a member of the NYSE, FINRA, NFA and SIPC.
For more information, visit https://www.capis.com/.
John D’Antona Jr.
Director of Marketing, CAPIS