The Veris Blog

The Veris blog expresses the diversity of thought and opinion at our firm. We also present other points-of-view of those we appreciate and admire.

There is a Strong Business Case for Racial Equity, But Investors Must Look Beyond the Data

By Stephanie Cohn Rupp

George Floyd was murdered by a white police officer on May 25th, 2020–just a few days before the anniversary of the Tulsa Massacre on June 1st. On that day in 1921 a white mob attacked, burned and bombed Tulsa’s Greenwood District; a thriving Black business area known as Black Wall Street. Hundreds of Black Tulsans were murdered and over thirty-five city blocks of homes and businesses were destroyed. Overnight, one of the most prosperous Black communities in the nation was reduced to ash and rubble.

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Shareholder Advocacy Update: Veris Clients Leverage their Equity Ownership to Advance Diversity, Racial and Social Justice, and Environmental Stewardship

By Pat Addeo and Karen Walls

Our shareholder proxy engagement initiative with Aperio and As You Sow this 2020 – 2021 proxy season once again demonstrated that engagement with corporations on ESG issues is an effective tool for bending the arc of capitalism to benefit all stakeholders. This year was a transformational year and shareholders took little time to address issues concerning COVID-19 and the social justice and wage inequities many in our country experienced. The Trump administration also proposed and then enacted changes to the SEC shareholder engagement Rule 14a-8 before the election of a new administration.

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PG&E, Climate Change and the Sustainable Path Forward

By Anders Ferguson

The failure of Pacific Gas & Electric (PG&E) to provide power safely to Northern California has been a human and economic nightmare, while highlighting the ineffective regulatory oversight of the investor-owned utility.

But as tragic as this has been, the fallout has created new momentum for a safer, greener era of power generation and distribution in the Golden State and potentially elsewhere.

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Veris Fights for Shareholder Engagement

Members of the Veris team, along with Veris supporters Laurie Emrich, Ellen Remmer, Caroline Gabel and Jed Sturman, recently met with the SEC to discuss rule changes that will severely restrict shareholder activism. The meeting was one of the only in-person conversations between the SEC staff and investors. This blog discusses the proposed changes.

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The new SECURE Act: What You Should Know

By Tim Kingsbury, Wealth Manager

The SECURE Act, passed on Dec. 20, 2019, contains some major changes governing IRAs and retirement plans, charitable contributions, 529 plans and college student loan debt, among other financial matters. In this blog, we focus on key provisions of the Act to help you plan ahead.

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Gender Lens Investing: Assets Grow To More Than $3.4 Billion

Growth in Public Products Accelerates As GLI Marks 10th Anniversary 

By Patricia Farrar-Rivas and Alison Pyott

The flow of assets in Gender Lens Investing (GLI) continues to grow rapidly.

According to a new analysis by Veris Wealth Partners, asset growth in GLI products accelerated and totaled $3.4 billion as of June 30, 2019. In our 2018 GLI analysis, we reported $2.4 billion invested in GLI products.

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