SAN FRANCISCO, June 6, 2017 /PRNewswire/ -- A decade after it was founded, Veris Wealth Partners has emerged as one of the leaders in impact investing, with nearly $1 billion in assets, four offices across the U.S. and a team of 24 professionals.
"Veris has been privileged to work with individuals, families, social entrepreneurs and foundations who for 10 years have had the foresight to align their wealth and values," said Patricia Farrar-Rivas, Veris CEO and a Founding Principal. "As it turned out, this breakthrough approach is simply a smarter way to invest. The data has shown you can achieve both financial performance and social/environmental gain through impacting investing."
Michael Lent, Chief Investment Officer and a Founding Principal, said: "Over the past 10 years, impact investing has gone from outlier to mainstream. About one in every five dollars of assets under professional management is now invested in impact, sustainable and mission-related investing, according to US SIF. Veris is proud to have played a role. We look forward to continue leading with innovative strategies and ideas."
Veris has grown by providing full-service, Impact Private Wealth Management that integrates impact solutions for client portfolios across all asset class. The Veris research team focuses on five thematic areas of interest to our clients – climate change solutions and environmental justice, community wealth building, sustainable agriculture and food systems, sustainability and mindfulness, and gender lens investing.
Founded by pioneers in impact investing, Veris has also helped transform the wealth management industry through its work with Envestnet, one of the country's leading service and asset providers to wealth advisors. Veris helps power the impact investing solutions platform offered by Envestnet for tens of thousands of advisors.
Founding Principal Steve Faher said, "Everyone at Veris has been fortunate to work with clients who are passionate about impact investing and its potential to address the most pressing issues society faces. The Veris team is grateful to our clients and partners who have the courage to re-imagine what is possible."
Founding Principal Anders Ferguson said, "In the past decade, we witnessed the spectacular growth of impact investing paired with sustainable business. In the next decade, we'll see even more progress. Investors will increasingly evaluate companies based on impact and sustainability criteria. More businesses, local and global, will adopt impact criteria and sustainability as a business strategy to create innovation, superior workplaces and relationships with all their stakeholders. It's a virtuous cycle."
About Veris Wealth Partners
Veris Wealth Partners, LLC is a partner-owned, independent wealth management firm that specializes in impact and sustainable investing. Veris believes that superior investment performance and positive impact are complementary parts of a holistic investment strategy. Veris is based in San Francisco with offices in New York, Portsmouth, and Boulder. For information, call 415.815.0580, or visit www.veriswp.com.
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SOURCE Veris Wealth Partners