By now you may have heard the news that, as of January 31, 2022, the private investment firm Rosemont Investment Group has partnered with Veris as a minority investor. We are thrilled to share this news, as this move means that we are successfully managing succession at Veris by doubling down on our independence and our commitment to impact investing by seeking out innovative financial partners as well as promoting from within.
The flow of assets into Gender Lens Investing (GLI) continues to grow rapidly. According to a new analysis by Veris Wealth Partners, asset growth in public market separately managed accounts (SMAs) doubled over the last two years – from $500M to over $1B in assets among 18 products.
The December 2019 passage of the SECURE Act may feel like ancient history, but its effects resonate within a few key financial planning issues relevant to investors today. In this blog we will highlight some of the major changes between year-end retirement and financial planning issues.
By Alison Pyott
There is no single best way to talk to your children about money, but many experts agree that a series of age-appropriate conversations are better than THE one big money talk. This includes weaving money conversations and lessons into everyday life to help your children build perspective, skills, and confidence.
Children are naturally curious and perceptive. They likely are creating assumptions and making judgments about their family’s financial situation vs. their peers. Starting a series of age-appropriate money talks early in life can help them understand what they need to know in the present while preparing them for the future.
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.
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.
By Michael Lent, Roraj Pradhananga, & Casey Verbeck
Community wealth building solutions aim to help address racial and gender discrimination and spread prosperity while ensuring sustainable economic growth in historically marginalized and under-resourced communities.