Steve Garmhausen

Ron and Steve,

Thank you for the introduction to ImpactAssets. As a new member of the ImpactAssets team, it’s a thrill to see us featured in well regarded publications. As Ron mentioned a recent event with about a hundred advisors, I just saw a statistic that ImpactAssets has engaged with over 6,000 advisors last year – evidence that the trend of impact investing is growing.

How Ron Cordes is putting RIA, UBS, billions of dollars and the Congo into the same impact-investing conversation

Ron Cordes: My advisor said, no, that's beyond the fiduciary role of my portfolio, so we really can't pursue it.

Genworth

Fidelity Charitable Services

AssetMark

Schwab Charitable

Cordes Foundation

Ron Cordes

Outsourced investments are one of the fastest-growing categories in the financial advisory world. Perched between
the asset custodian and the financial advisor, these (mostly) turnkey asset management programs can handle all or a 
portion of their investing, technology and fiduciary duties.

Advocates of using these TAMPs point to how it's better for the advisor because it frees up more time to spend with clients and prospects. It's also better for clients because the duties are being handled by specialized professionals who benefit from economies of scale.

Skeptics say that it adds a layer of cost and takes away an element of control from the advisors in executing according to a client's financial plan.

TAMPs

The AssetMark co-founder has a charity and for-profit and competes and engages in co-opetition with UBS, Schwab, Fidelity and Vanguards 

How Ron Cordes is putting RIA, UBS, billions of dollars and the Congo into the same impact-investing conversation

Beth Stelluto

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