Third, Family Wealth Management Offices, I picture them as the the Bunga’s (or honey badgers), of the financial advisor spectrum. Bunga himself, is a strong, new idea generating, committed character, and honey badgers in general are fierce, quick, and ready for battle. I think this perfectly sums up the family office advisors approach to including impact investing as part of their client’s holistic financial planning conversations. As with all financial advisors, they are committed to their clients, however they can be nimble to include new ideas and concepts without having the same compliance limitations.
Family wealth management offices have been very eager to include Impact Investing as part of their client conversations. What they also taught me is that their clients are leading the charge for education and opportunities to invest locally instead of nationally or globally. These offices are openly embracing myself and Gingras Global and leveraging our expertise and tools (ICDR, ICMA, and Reporting Library) to deliver local impact investing conversations.
A Good Farmer
Now, as you can imagine, with T-Rex’s, Lions, Giraffe’s and Honey Badgers on the farm, there is a lot of activity around impact investing coming to the forefront. But as any good farmer knows, if you do not cultivate and interact with each animal properly, the message and effort can get lost along the way.
But fear not! Being able to work with so many passionate people all rallying around Impact Investing and fully supporting client education is awesome! By being able to share the story of local impact investing and having that story being told by multiple voices, then backing that story with a strategic tools that facilitate a thought provoking process, this farmer knows that it is only a matter of time before more investors get involved in the local impact investing scene.
Jennifer Davis-Papa is the Managing Director of the Financial Professionals Division at Gingras Global. Jennifer has more than 20 years of experience in the field of investing and is a catalyst and inspiration to many on this journey of Impact Capital.
Reach out to Jennifer.DavisPapa@GingrasGlobal.com