CAPIS completed the acquisition of the plan sponsor services business from TD Securities.

CAPIS, an institutional brokerage firm, completed the acquisition of the plan sponsor services business from TD Securities, a Canadian multinational investment bank and financial services provider. Financial terms were not disclosed. "We are incredibly excited about this acquisition and the opportunities it brings to build upon our legacy as a provider of commission recapture services. This move reinforces our commitment to delivering exceptional service and value to institutional investors while ensuring a seamless transition for TD Securities' clients," David Choate, CAPIS COO.