By Lori Choi, Partner
“Opportunity Zones” are a hot topic in impact investing these days, but what are they and why might they be important for investors?
Embedded in the new Tax Cuts and Jobs Act signed into law, December 2017, are provisions around “Opportunity Zones.” They ask governors of all states and territories to designate up to a quarter of low-income census tracts as investible zones.
Why is this program important?
By Jane Swan, CFA, Partner
After a rough start to 2018 in US financial markets, domestic equities are largely back on track. The charts below show the return for each asset class and highlight the strong return of US markets in the quarter. The losses of the first quarter were reversed. This wasn’t the case in international markets, which were very negative. Fixed income markets reacted to yet another interest rate hike and produced flat returns.
By Luke Seidl
The past 12 months have been a big opportunity for investors interested in Community Wealth Building and Social Equality.
Judging by the growing number of product offerings, there will be many new ones in the next 12 months.
In this blog, we highlight a few of the opportunities.
By Anders Ferguson and Nicole Davis
Veris was just named Best for the World by B Corp – for the sixth year in a row.
We’re very proud to achieve this milestone and are equally honored to be recognized among the best of the best. Veris was named in the top 10% of all 2,400 B Corps around the world.
By Patricia Farrar-Rivas, CEO
At the recent Confluence Philanthropy’s Practitioners Gathering, I couldn’t help but notice the growth of interest and attendance in the panels with a racial equity focus. I left the conference more emboldened than I have been in a while.
By Jane Swan, CFA, Partner
As of the close of Friday’s market, the S&P 500 was down 2.6 percent year to date, and 8.3 percent since the market high on January 26th. While this type of market decline (or correction) does not feel good to investors, it is not entirely a surprise.
By Jessica Lowrey, Director of Research
Impact investing continues to be one of the fastest-growing segments of the wealth management business. This epic shift in investor behavior is increasingly fueled by innovation, especially as it applies to climate change.
On March 5th, Veris Wealth Partners and Criterion Institute hosted the webinar Women, Wealth and Impact: Investing with a Gender Lens. Increasingly individuals, families and foundations are exploring how to use their consumer dollars, philanthropy and now their investment portfolios to address gender inequality. This webinar outlines several easy steps to shift your investments to support and empower women.
By Alison Pyott, Luisamaria Ruiz Carlile
Alison Pyott and Luisamaria Ruiz Carlile of Veris speak with Suzanne Biegel and Cynthia Nimmo about the state of Gender Lens Investing.
By Luisamaria Ruiz Carlile, CFP®, Senior Wealth Manager
Once a year, the world celebrates “International Women’s Day.” With much fanfare, we cheer on women and their contributions to the world. But imagine the impact of sustained daily efforts to recruit, develop and promote women.
