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BetterInvesting, Moxy Vote Partner to Educate, Empower Retail Investors


News provided by

BetterInvesting

Aug 23, 2010, 09:16 ET

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Nonprofit Association and Online Service to Bring Main Street Closer to the Executive Suite

MADISON HEIGHTS, Mich., Aug. 23 /PRNewswire/ -- BetterInvesting, the premier nonprofit association serving the retail investor, today announced a strategic partnership with Moxy Vote in which the two organizations will work together to promote Moxy Vote's free online proxy-voting service. This partnership will build awareness of Moxy Vote's simplified proxy-voting process among BetterInvesting's retail investors.

"We're excited to work with Moxy Vote," said Kamie Zaracki, CEO of BetterInvesting. "Since 1951, our association has been advocating that investors aren't simply holders of stock shares — they're owners of companies who should participate in the ownership by voting their proxies. Moxy Vote makes this easier for retail investors by providing a single site for maintaining proxy information, voting and obtaining information on the issues from their 40 participating Advocate organizations. This partnership will help us fulfill our mission of providing sound education that helps shareowners make better investment decisions."

Moxy Vote co-founder Mark Schlegel says: "BetterInvesting has served the investment education needs of more than 5 million people over its history and as a result brings a wealth of experience and insight on how Moxy Vote should market its services to retail investors. Moxy Vote wants to put more information into the hands of retail investors, who hold 30 percent of publicly traded shares, and give the so-called little guy a needed voice in the boardrooms of the companies they own."

About BetterInvesting

Since 1951, BetterInvesting, the brand identity of the National Association of Investors Corporation, has helped over 5 million people become better, more informed retail investors. BetterInvesting, based in Madison Heights, Mich., helps its members build wealth through local, regional and national learning events as well as through Web-based tools, software, member publications and online resources. As the nation's largest nonprofit organization dedicated to investment education, it provides investing knowledge and practical investing experience through local investment clubs, local volunteer chapters, online courses and an active online community. BetterInvesting and its subsidiary, ICLUBcentral, currently serve over 120,000 investors.  

For more information, go to www.betterinvesting.org.

About Moxy Vote

Moxy Vote offers a free online platform at www.moxyvote.com that simplifies the proxy voting process for retail investors. It does this by providing information on the issues at stake and offering the functionality to actually process a vote. Shareholder Advocates can rally like-minded shareholders to vote alongside of them for their causes.  Moxy Vote has been profiled in the Wall Street Journal, New York Times, Investor's Business Daily, Kiplinger's and a number of other publications. It has also received favorable reviews from industry experts such as Nell Minnow, Jim McRitchie and Mark Latham.  For more information, go to www.moxyvote.com.    

SOURCE BetterInvesting

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