Enables Clients to Align Investments With Personal Values
Boston, MA, June 13, 2017 (Newswire.com) - TFC Financial Management (TFC), an independent, majority employee-owned registered investment advisory and financial planning firm has announced the launch of its Sustainable and Responsible Investment Strategy (SRI). “Our clients, their families and prospective clients are increasingly expressing interest in SRI and their desire to have investment portfolios be more aligned with their personal values and social impact priorities,” said TFC Chief Executive Officer Renée Kwok, CFP®. “We are pleased to be able to offer this strategy, designed to provide long-term investment returns as well as positive social and environmental impact, as both dimensions are important to these clients.”
TFC defines sustainable and responsible investing as an investment approach that considers environmental, social and governance factors to achieve competitive long-term investment results and positive social impact. Clients will typically have core holdings in sustainable mutual funds that offer broad diversification and a low carbon footprint. These core holdings will favor companies with positive environmental, social and governance attributes while minimizing holdings with less favorable attributes. The firm may also supplement core investments with investments in which there are fewer sustainable options, and will incorporate impact investments that focus on mission-related social or environmental priorities. “We tailor the impact investment portion of the portfolio based on the priorities of our clients, so environmentally-focused clients may have different impact investments than clients who are focused on issues such as affordable housing or diversity,” said TFC Chief Investment Officer Daniel Kern, CFA, CFP®.
"Our clients, their families and prospective clients are increasingly expressing interest in SRI and their desire to have investment portfolios be more aligned with their personal values and social impact priorities. We are pleased to be able to offer this strategy, designed to provide long-term investment returns as well as positive social and environmental impact, as both dimensions are important to these clients."
Renée Kwok, CFP®, TFC Chief Executive Officer
TFC provides fee-only financial advisory and investment management services for high-net-worth individuals, couples and families, as well as strategic planning and endowment asset management services for boards of non-profit entities. The firm has been serving many of the same families since its inception in 1980.
TFC has been recognized as a leading independent registered investment advisor by both Financial Planning magazine (included among 2016 Top Registered Investment Advisors*) and by the Financial Times (included among 2015 Top 300 Registered Investment Advisors**). Kwok has been named by Boston Magazine as a Five Star Wealth Manager*** in four of the past six years. For more information on the firm’s services, visit www.tfcfinancial.com or call 617-210-6700.
ABOUT TFC FINANCIAL MANAGEMENT
TFC Financial Management is an independent, fee-only, registered investment advisory firm in Boston, MA, that manages approximately $890 million in client assets and provides comprehensive personal financial advice. Founded in 1980 by a group of financial professionals including James Joslin, CFP®, and Frederick Pryor, the firm serves high-net-worth individuals, couples and families, and also provides strategic consulting and asset management to nonprofit organizations.
Registration with the SEC should not be construed as an endorsement or an indicator of investment skill, acumen or experience. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal.
* The Financial Planning rankings are based upon the total discretionary and nondiscretionary assets under management listed on Form ADV. The rankings list comprises only independent, fee-only advisory firms, excluding firms with broker/dealer and insurance company affiliations as well as those with substantial outside ownership. In order to capture firms that provide financial advice to individuals, only advisory firms that maintain a client base that consists of at least 50 percent “individual clients” are included.
** The formula the FT uses to grade advisers is based on six broad factors and calculates a numeric score for each adviser. Areas of consideration include adviser AUM (based on SEC ADV reported assets greater than $300 million), asset growth, the company’s age, industry certifications of key employees, SEC compliance record, and online accessibility.
*** Boston magazine and Five Star Professional partnered to find wealth managers who satisfy 10 objective eligibility and evaluation criteria, including: credentialed for at least 5 years; favorable regulatory record; one- and five-year client retention rates; non-institutional assets administered; number of clients served; and educational/professional designations.
Contact:
Leslie Swid
Impact Communications
913 649-5009
leslieswid@impactcommunications.org
###
Source: TFC Financial Management
Share:
