Leading wealth management firms form joint venture, Align, to be helmed by impact investing veteran Jennifer Kenning
Los Angeles, CA. March 2, 2015 – Abacus Wealth Partners (www.abacuswealth.com) and Aspiriant (www.aspiriant.com), two of the leading independent wealth management firms in the country, have entered into a new joint venture, Align, which will offer philanthropic strategy and impact investment portfolios to clients and their financial advisors. Jennifer Kenning, former Director of Wealth Management and spearhead of impact investing at Aspiriant, has been tapped to lead the new venture.
Align will serve as an independent specialized impact advisor to families, individuals, and foundations to help them define their most important values and desired social outcomes, and increase the effectiveness and alignment of their philanthropic grants, impact investments, and mission related investments. Align’s portfolios will aim to deliver the same risk/return profiles as the globally diversified approaches that both Aspiriant and Abacus currently take, investing in companies that are more aligned with a client’s values while avoiding those companies that are potentially harmful to the environment or society.
“Our clients are asking about social responsibility with increasing frequency yet there are far too many choices and complexities in the impact investment space for most RIA’s to stay on top of,” said Rob Francais, CEO of Aspiriant. “We decided to join forces with Abacus to have a dedicated team that specializes in impact and will know exactly what a client means when they ask about ‘stranded carbon’ or ‘social impact bonds.’”
“When clients come to a financial planner, they want to know that they have enough money to reach their personal goals,” said Brent Kessel, CEO of Abacus Wealth Partners and Align. “But once they become assured that their basic wants and needs are secure, they often look for meaning & purpose. Couple that with the giant shift of investment capital towards women and millennials, both of whom care deeply about social issues, and it’s clear that offering impact advisory services is the next evolution for the financial planning industry.”
“With the launch of the Align venture, we believe we can deliver positive impact and market-rate returns in every asset class now – stocks, bonds, private equity, alternatives and real estate, and can customize the exact type of impact the portfolio delivers to an individual’s specific preferences,” concluded Mr. Kessel.
“Align isn’t looking to replace a client’s existing advisor,” said Abacus President, J.D. Bruce. “Align’s people are impact specialists. Other professionals, such as the wealth managers at Abacus and Aspiriant, need to run financial planning projections, develop asset allocations, discuss insurance, and meet with CPA’s and attorneys. Yet, philanthropic strategy must be coordinated with tax planning, and we must set impact goals for a portfolio without losing sight of the portfolio’s acceptable level of volatility, targeted rate of return, and tax implications, which is where our background as wealth managers is extremely useful.”
“My favorite conversations with clients are those that focus on the ‘why,’” said Jennifer Kenning, Managing Director of Align. “Why are you interested in making a difference? What kinds of impact would be most meaningful and fulfilling to you? If we were sitting here in five years, what would make you feel that your life and resources had made a difference? Hearing clients’ answers to those questions totally inspires me.”
Always Know Where Your Child is with GPS Tracking One-Touch 911 Emergency Calls for Seniors without Embarrassing “I’ve Fallen” Pendant
Speed Dials up to 3 Pre-Set Numbers, “Find My BURG,” 2 Day Extended Battery Life & Advanced Miyota Watch Movement
Affordably Priced at $129, Water Resistant, Available in 8 Cool Colors: Light Blue, Orange, Lime, Red, Pink, Navy, Gray, & Black – Created by Hermen van den Burg, World-Renowned Designer to Ikea and Target
Nyack, NY, March 2, 2015 — BURG www.burgwearables.com , the industry leader in smartwatch technology, announced today the new BURG® 31, the first standalone phone/safety smartwatch for kids and seniors. The BURG 31 gives parents peace of mind knowing where their child is at all times and lets adult children monitor and quickly respond to their senior citizen parent emergencies. This is accomplished through the GPS tracking and “Find My BURG” features that provide one-touch emergency SOS calls, speed dialing of up to 3 pre-set numbers, and an extended standby battery time of 2 days. Water resistant and available in 8 cool colors: light blue, orange, lime, red, pink, navy, gray and black, the round-shaped BURG 31 features advanced Miyota watch movement with traditional analog hands displaying time on the watch dial. The BURG 31 is based on a 20-year history of BURG lifestyle fashion experience from the most advanced wearable technology company in the industry.
BURG Wearable Safety and Peace of Mind with Your Child & Senior at all Times
Part of the 2015 BURG Wearables Collection, the fashion forward BURG 31 smartwatch functions as a standalone phone with an included SIM card to make and receive calls and texts without a smartphone needed (or it can connect to a smartphone through Bluetooth, if desired). The BURG 31 is targeted to both the children’s market through its GPS child tracking features, as well as to the senior market through its 911 emergency call feature. Unique to BURG, this special 911 emergency feature replaces the stereotypical, embarrassing and expensive “I’ve fallen” pendant that seniors have an aversion to wearing due to the stigma it creates. With the BURG 31, seniors have an inconspicuous, fashionable watch with one-touch emergency access, 3 concealed pre-set phone numbers and GPS tracking. In addition, both kids and seniors can choose from fun, vibrant hues or darker, more mature colors. As an added benefit for parents, the BURG 31 does not have an internet browser so there is no possibility for children to stumble onto the dangers of the web.
Over 20 years of Lifestyle History – First Standalone Smartwatch/Phone
BURG is the first standalone smartwatch/phone, making it the leader in Wearable Technology and design. The BURG 31 was created by Dutch lifestyle designer and trendsetter, Hermen van den Burg, CEO of BURG. World-renowned for more than 20 years of design work with retails giants such as Ikea and Target, BURG possesses an edge in design that other smartwatch manufacturers cannot match. In keeping with the clean, minimalistic, but powerful elements that define Dutch design, the BURG 31 integrates seamlessly with kids and senior’s lifestyles.
The BURG 31 smartwatch features:
The BURG 31 is affordably priced at $129. It includes a free SIM card, USB to Micro USB cable, 4GB Micro SD card that can be upgraded to 16GB, headphones, watch battery, stylus, Quick Start Guide, band tool and language selector. Additional BURG Smartwatch models are also available in a variety of colors and designs through Amazon and Shop HQ. For more information, see: http://www.burgwearables.com/burg31.html, website: www.burgwearables.com, Facebook: https://www.facebook.com/burgwearables, Twitter: http://www.twitter.com/BURGSmartWatch, YouTube: https://www.youtube.com/user/burgwearables, Pinterest: http://www.pinterest.com/burgwearables .
BURG is the industry leader and first of its kind to develop the “Smarter Smartwatch.” Founded in 2009, BURG is fully equipped in developing new models and technologies to address consumer’s fast changing needs. Designed and founded by lifestyle products designer, Hermen van den Burg, the BURG smartwatch phone is flawlessly designed and provides a fusion of form and function that seamlessly integrates with your lifestyle rather than forcing you to adapt to it.
BURG focuses exclusively on simplifying life by producing Smartwatches that can phone and text without connecting to a Smartphone. If you would like to stay connected to your Smartphone, you can do that as well by pairing it to your BURG. In contrast to their competition, BURG believes in producing wearable technology that seamlessly integrates into lifestyles with simplicity and fun. For BURG, technology is only half of the equation. Their goal is to create wearable technology that you will truly desire to wear. In order to achieve that, every aspect of BURG’s development process includes extensive research into function as well as design. BURG offers consumers choices that provide the luxury to wear the very best in technology while expressing their own great sense of style. For more information, please visit www.burgsmartwatch.com.