NI Advisors featured in Seattle Weekly

Seattle Weekly had a nice piece this week that begins by discussing recent protests against Wells Fargo’s bankrolling of the Dakota Access Pipeline, and expands into a broader exploration of the hurdles that some people encounter when they ask mainstream investment advisors to help them avoid putting their money to work in ways that are counter to their values:

That experience isn’t uncommon, say two of the advisors at Natural Investments, LLC, a “sustainable, responsible and impact” (SRI) investment firm with a branch in Seattle. “What people tell us when they find us,” says Ryan Jones-Casey, director of client services, is often something like, “’I’ve heard that I can do socially responsible investing, but I talked to my advisor at JP Morgan, and he said I’m going to lose money; he said it’s not worth my time.’”

The article’s author turned to two of the most recent additions to Natural Investments’ team for comments and additional perspective. Eric Smith and Ryan Jones-Casey joined forces with NI in 2016, and are fitting in great. We’re now up to fifteen offices nationwide, staffed by our collaborative team of independent investment advisors.

The Seattle Weekly article, So You Want to Divest from DAPL.  Will the Financial Industry Let You?, is well worth reading in full. Meanwhile, here are a couple more excerpts that include thoughts from Eric and Ryan:

Letting the past predict the future, brokers lean on old patterns and ideas about what makes money on Wall Street. Like, “I don’t want to learn something new; I’ve always done it this way,” says Smith. Not to mention that “a lot of people in the financial services industry tend to be relatively conservative,” he adds, so if some of the political aspects of SRI “[don’t] fit their philosophy, they don’t want their clients to do it.”

Certainly, “fear is a powerful barrier to change” in investing, says Jones-Casey. But he and Smith argue that a company that is resource efficient, watches its carbon footprint, and cares about human rights “is a more enlightened company,” and this kind of enlightenment “is actually the very thing that will lead to better financial performance over the long term. But that kind of thing is not at all the dominant paradigm in the financial services industry.”

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Jim Cummings

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