Accessing independent, fundamental research in support of your investment decisions meets a fiduciary “duty of care” standard, yes, but it also impresses clients and prospects.
Between “brain drain” and the tendency of younger wealth managers to jump from shop to shop, it’s clear our industry is facing some formidable human capital challenges.
Amazon owner Jeff Bezos, who this summer famously tweeted that he was accepting suggestions for how to give away his wealth, has found at least one scholarship fund to support. Bezos, recently named the wealthiest man in the world due to the rising value of his stake in Amazon, said he is donating $33 million to TheDream.US, a scholarship fund for young "dreamers," immigrants brought into the US. illegally as children. ... The Edelmans Donate to Equine Therapy Cause Jean and Ric Edelman, founders of Edelman Financial Services, have given $500,000 to the Northern Virginia Therapeutic Riding Program, which will allow the program to offer equine therapy - a range of treatments using activities with horses for physical and mental health - all year round. ...
How to Continue the "Impact" of Impact Investing Post Exit More than eight in ten investors who direct their dollars toward projects meant to further social or environmental causes feel a responsibility to ensure that impact continues even after they've exited their investment, according to a 2016 study by the Global Impact Investing Network. ...
