November 15, 2019

November 13, 2019

November 12, 2019

Sustainable Investing is Seeing Incredible Growth

2019 is on track to triple the previous annual record for inflows into sustainable and ESG mutual funds and ETFs. We’ll take a look at the rapidly growing popularity of impact investing and what it means for the investment landscape.

Morningstar reports that 2019 has seen record fund flows into sustainable and ESG investments. The calendar-year record to date was in 2018, with just over $5.5 billion in assets going into sustainable investments, and no quarter (before this year) had seen inflows greater than $2 billion. But in 2019, each of the first three quarters has been marked by more than $4 billion in funds headed into sustainable mutual funds and ETFs. This year as a whole is likely to triple the previous record. Read more »

November 8, 2019

Unicorns: Putting Things in Perspective

According to Merriam Webster Dictionary, the definition of a unicorn is:

  1. a) a mythical, usually white animal generally depicted with the body and head of a horse with long flowing mane and tail and a single often spiraled horn in the middle of the forehead
  2. b) or something unusual, rare, or unique

The term unicorn has a different meaning in the investment world. In the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. The term was originally coined by Aileen Lee, founder of Cowboy Ventures. Read more »

November 5, 2019

SECURE Act: The Coming of Multiple-Employer Plans

In April, the House Ways and Means Committee voted to move forward with the retirement legislation entitled the “Setting Every Community Up for Retirement Enhancement (SECURE)” Act of 2019. Among other key features of the legislation that will help improve retirement saving and security for Americans, one of the main proposed benefits is the authorization of multiple-employer plan (MEP) arrangements. A MEP is a single retirement plan that is offered by two or more unrelated employers that share a required common nexus or interest. These types of plans are governed by Section 413(c) of the Internal Revenue Code and have been deployed successfully for many years by trade associations and professional organizations. It is only with the passage of the SECURE Act that the MEP concept will be available for all types of employers. Read more »

October 31, 2019

October 25, 2019

Legislative Updates: Third Quarter 2019


As a reminder, in April, the House Ways and Means Committee voted to move forward with the “Setting Every Community Up for Retirement Enhancement” Act (SECURE Act) legislation. Concurrently, the Senate reintroduced similar provisions in the Retirement Enhancement and Savings Act (RESA). The SECURE Act, with its provisions to incentivize retirement plan creation and increase plan accessibility, is designed to help American workers boost their chances of a secure retirement. Read more »

October 23, 2019

Keeping Our Families Safe in a Cyberworld

As a parent with children in elementary and middle school, it isn’t uncommon for me to “enlighten” their lives by sharing those hardships I faced as a kid and then amusingly waiting for their reactions. Some of those reactions are certainly more priceless than others:

  • “Wait. You had to use an actual map like on paper in the car? But how would you know if one route was red? How did you not get lost all the time?”
  • “Wait. You used phone booths and had to memorize phone numbers? What??”
  • “So you’re telling me that not only were TV’s not flat and not HD, but that Netflix didn’t exist? Seriously?”

Kids now have nearly limitless access to information at their fingertips as compared with any generation before. Available technologies include Alexa, smartphones, laptops, tablets, smart TVs, and smartwatches, just to name a few. We live in a perpetually connected world that has the ability both to enrich our lives but also to do harm if misused and not properly managed. As parents, it is our responsibility to do what we can to protect our children and ourselves from those risks tied to the always-on, always-connected world we live in. The bad guys (hackers, identity thiefs, etc.) are out there and they aren’t going anywhere; they might be smart, but we can all do a few things to turn the tables and beat those bad guys at their game. Read more »

October 21, 2019

Arnerich Massena Celebrated the United Nations International Day of the Girl with a “Women in Business Leadership” Salon

Since 2012, the United Nations has celebrated the International Day of the Girl on October 11. This year, we wanted to honor the theme “With Her: A Skilled GirlForce,” with something special. Arnerich Massena and Impax Asset Management co-hosted a special happy hour salon, “Women in Business Leadership,” a celebration and discussion of women in business leadership positions. The event was held at The Nightwood Society in Portland, Oregon. Featured speakers Rani Borkar, vice president of Microsoft; Jenifer Canon, CAP®, vice president of business development at Pax Ellevate; and Katherine Fox, CFP®, CAP®, philanthropic and investment advisor at Arnerich Massena; shared insights about the impact women leaders are having on the long-term success of organizations around the globe. Read more »

October 15, 2019

Watch Arnerich Massena’s Third Quarter 2019 MarketCast

Arnerich Massena’s third quarter 2019 MarketCast is available for viewing. In this MarketCast, Co-CEO and co-CIO Bryan P. Shipley, CFA, CAIA, delivers a brief introduction; research analyst Ben Larsen provides a look at the third quarter of 2019, with an economic overview and market commentary, and senior wealth strategist Glen Goland, JD, CFP®, discusses what this means for client portfolios. Read more »