ESG (Environmental, Social, and Governance), sustainable, and responsible investing have evolved from a peripheral and misunderstood investment concept to a mainstream philosophy that now includes more than 500 sustainability-focused index funds amounting to more than $250 billion of U.S. investment assets. As more and more retail investors begin to understand and recognize their ability to have their investments and portfolio mirror their personal values, ESG and sustainable investing is no longer a “trend,” and instead can now be classified as a full-blown movement.
At Towerpoint Wealth, we embrace our responsibility to continually refine and improve how we serve our clients, and have cultivated a comprehensive firmwide ESG and sustainable investing initiative that has expanded in lockstep with the expansion of sustainable and responsible investing. At the forefront of this initiative is our partnership with Ethic Investments, a technology-driven asset manager that powers the creation of sustainable investment portfolios, building ESG-customized separately managed accounts (SMAs) for Towerpoint Wealth clients that are optimized to 1.) track the market, 2.) align with our clients’ strategic investment allocations, and 3.) align with a specific set of sustainability and ESG criteria.
Click HERE to review Towerpoint Wealth’s sustainability pillars, and click below to watch a succinct 15 minute conversation between our President, Joseph Eschleman, and Ethic co-founder Jay Lipman, as they discuss:
What is ESG, sustainable, and responsible investing
Why demand for ESG, sustainable, and responsible investing has exploded over just the past 18 months
Why returns and growth no longer need to be sacrificed when utilizing and implementing an ESG and sustainable investment philosophy
Why utilizing a customized SMA is a much more effective way to develop and implement a inclusionary and exclusionary ESG-focused portfolio, as opposed to an ESG ETF or open-end mutual fund
How the pandemic and COVID-19 accelerated the growth and focus on ESG investing
What the future of ESG, sustainable, and responsible investing looks like
Click HERE to request our free white paper on sustainable investing, or to begin a conversation with us about how to align your portfolio with your personal values.
With a heavy heart almost three years ago, we recognized the vicious wildfires tearing through both Napa and Santa Rosa. Today, with massive wildfires burning throughout Napa, Sonoma, Lake, Solano, and Yolo counties, we feel compelled to do so again.
As we mentioned in that newsletter, fortunately tough times do not last, but tough people do. And as dedicated and tireless relief and rescue crews work to contain and extinguish these devastating fires, we look to a rare bright spot during this time of destruction, symbolizing resilience, literally from the ground up as it rises from the ashes – the California fire poppy.
All of this begs the question – what can we do to help? The answer – stand with us and please give if you are able.
Towerpoint Wealth is committed to directly helping those in need during these fires, and we are pleased to offer a 100% match, up to a total of $15,000, of any charitable donations made by you to any of the following three fire-relief organizations:
California Wildfire Relief Fund
Solano Disaster Relief Fund
2020 Napa County Wildfires Fund
Please simply email us your donation receipt at info@towerpointwealth.com, and we will promptly email you our matching donation receipt within 48 hours.
* IMPORTANT NOTE: Please also remember that the recently-passed CARES Act created a one-year tax-deductible charitable deduction of $300 for the 90% of taxpayers who claim the standard deduction in 2020!
A New Addition to the Towerpoint Wealth Family
We are pleased and excited to welcome Matt Regan, CPA, MBT, to the Towerpoint Wealth family!
Matt specializes in working with attorneys, helping them manage the unique aspects of proper coordination all of their financial affairs. We look forward to having him utilize his tax consulting and wealth management skills and experience to help his own and other clients of Towerpoint Wealth save money on their income taxes, manage the downside risk of their portfolios, and properly plan for a comfortable retirement.
Please click HERE to read more about Matt, and please reach out (916-405-9164) to say hello, congratulate him, and help us with a warm “welcome aboard!”
TPW Service Highlight – Customized Responsible ESG Investing
Are you aware you are able to align your portfolio with your personal values, without compromising your ability to have a diversified portfolio positioned to earn competitive returns? Many investors are not. Responsible investing, also known as ESG investing (Environmental, Social, and Governance) has exploded in popularity and importance over the past ten years (see the GraphoftheWeek below), and has quickly become an area of specialization at Towerpoint Wealth.
Screening to either avoid or advance ownership of specific companies, based on a myriad of different sustainability issues and criteria, is a central objective of ESG investing:
Environmental issues range from climate change, clean water, animal welfare, and deforestation. Social issues can include racial justice, education, poverty, democracy, and women’s rights. Governance issues encompass worker treatment, corporate ethics, and corporate diversity and inclusion. Click the Ethic Sustainability Pillarsstory found below for a deeper understanding of the various ESG issues that Towerpoint Wealth can specifically screen for, to help you avoid or advance your investment in equities consistent with these issues.
Time to do an ESG “healthcheck” on your portfolio? We welcome an invitation to sit side-by-side with you to conduct a deep-dive sustainability analysis of your portfolio, where we will x-ray your investments to evaluate what is considered “clean,” what is considered “dirty,” and how to make intelligent and tax-efficient ESG improvements. Click HERE to find out more, or click on our What’s In a Name? A Guide to Responsible Investingeducational white paper found below.
As always, we sincerely value our relationships and partnerships with each of you, as well as your trust and confidence in us here at Towerpoint Wealth. We encourage you to reach out to us at any time (916-405-9140, info@towerpointwealth.com) with any questions, concerns, or needs you may have. The world continues to be an extremely complicated place, and we are here to help you properly plan for and make sense of it.
