New Wealth Management Firm Brings Sustainable, Responsible, Impact SRI Wealth Building to a New Generation of Digital Investors
MILWAUKEE, Feb. 16, 2017 (GLOBE NEWSWIRE) -- With the click of a mouse, a new wealth management firm is helping investors “profit for good” through sustainable, responsible and impact (SRI) investing. A simple questionnaire organized around time horizon and risk tolerance allows Prophecy Impact Investments, LLC (www.prophecyimpact.com) to assist a new generation of online investors with building tailored portfolios reflective of their personal values, aiming for the “double bottom line” of excellent risk-adjusted returns and positive social and environmental impact.
“We live in a world that is sometimes driven by selfishness and greed… Our public financial markets are driven by short-term earnings, rather than long-term business sustainability,” Prophecy founder and president Gregory D. Wait, CEBS wrote in an open letter to clients and friends. “Fortunately, a movement is underway that promotes the power of private capital to make positive changes in our communities and around the world. This movement is called Sustainable, Responsible and Impact (SRI) investment, and it is gaining incredible traction.”
With its strategic investment questionnaire designed to leverage clients’ desire to invest in social and environmental programs, Prophecy aims to elevate the practice often referred to as “robo-investing.” Investments will be thoughtfully, strategically and personally managed by Wait and his team even though investors initiate their accounts via the Prophecy website.
Sustainable investing has grown by more than 33 percent since 2014, according to the 2016 Trends Report released by the Forum for Sustainable and Responsible Investment. According to the report, of the $40.3 trillion assets under professional management in the United States, $8.72 trillion is invested in SRI assets. For more information about Prophecy Impact Investments, visit www.prophecyimpact.com.