Siebert Financial Corp. and Tigress Financial Partners, confirmed the completion of their previously announced transaction, and the creation of RISE Financial Services, LLC, a woman-owned, diverse financial services firm. Siebert?s subsidiary, WPS Prime Services, LLC is rebranded to RISE Financial Services, LLC and its division, RISE Prime specializes in offering a comprehensive suite of prime brokerage services aligned with the growing mission-driven Environmental, Social and Governance initiatives of institutional investors. RISE maintains a prime clearing relationship with Pershing, positioning RISE to serve as a strategic partner to institutional clients when diversity and access to best-in-class prime brokerage services matter. The creation of RISE addresses a critical missing link in the financial services Diversity, Equity and Inclusion ecosystem and follows the recent partnership between Siebert and Tigress. In addition, RISE furthers Siebert?s 50+ year history of diversity which began with the legendary Muriel Siebert. On November 16, 2021, Siebert acquired 24% of Tigress Holdings, LLC, and in exchange Tigress Holdings, LLC received 24% of RISE Financial, and shares of Siebert common stock. Tigress? founder Cynthia DiBartolo will continue as CEO of Tigress and will assume the position as CEO of RISE Financial. Gloria E. Gebbia will assume the role of Chief Impact Officer at RISE Financial. Cynthia DiBartolo was appointed to Siebert?s Board and Gloria E. Gebbia was appointed to Tigress? Board.