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BIPOC- and women-owned firms manage just 1.3% of assets. Advisors are in a position to help change that number.
A small number of RIAs and independent advisories moving past lip service and putting their money where their mouth is—embracing concrete programs and initiatives aimed at addressing the lack of diversity at their firms and the industry as whole.
Low-income people turn out to vote at a rate about 20 percentage points less than higher-income voters, according to a report from the Poor People’s Campaign. Making matters worse, reaching that population with information about voting historically has been difficult. Jimmy Chen, CEO of New York City-based Propel, got to thinking about those problems over the summer and realized he was well-positioned to fill that communications gap.
Equity crowdfunding, a financing method that allows investors to buy stock in young, private businesses via online platforms, gives business owners a method of raising money, an alternative to costly bank loans or venture capitalists' funding.
One institution within the creative economy is starting to take on a particularly visible role in mission-related investing: museums. With some major institutions managing hundreds of millions of dollars or more, museums have the potential to make significant social and environmental impacts.
Even before the COVID-19 pandemic, more investors were embracing blended finance in sustainable investing and global development funding. Blended finance uses catalytic capital from governments and philanthropies as a way of attracting private sector investments to build the capital required for achieving global targets like the United Nations’ 17 Sustainable Development Goals (SDGs).
Illinois-based PhotoniCare's story shows certain kinds of support are critical for startup founders in science innovation, especially in areas outside the usual entrepreneurial hotbeds of New York, Boston and Silicon Valley
New-business development in the time of coronavirus means making some big changes.
That’s especially true for those who have depended on in-person meetings and pressing the flesh—and even truer for advisors serving complex high-net-worth accounts, who usually require multiple sessions before signing on.
Angel investors are high-net-worth individuals who provide funding to startups, usually in exchange for shares in the company.
Passive investing is a long-term wealth-building strategy all investors should know — here's how it works
Passive investing is a long-term strategy in which investors buy and hold a diversified mix of assets in an effort to match, not beat, the market.
Back in the 1980’s when she was working as a chemistry teacher in Florida, Linda Rubin chaperoned a group of students on a trip to Europe. It was during their visit to Italy, that Rubin fell in love—with gelato. So it was only natural that, two years ago, after 20-something years in the nonprofit sector, Rubin decided to start her own gelato business from her current hometown of Keene, NH.
Wearing a mask in public may be the new normal, but it can sure lead to a variety of awkward moments — for instance, how to get across, say, that that mask needs to go over your nose, too?
And while science shows that masks are one very important tool in the fight against COVID-19, let's just say the social norms involved are still … evolving. To help sort through some typical rough spots, we tapped etiquette experts for advice.