WHER Chat: Rise of Impact Investing in Family Office

A prominent finding among family office portfolios is the rising interest in impact investing and purpose-driven wealth, especially by the next generation. According to the 2018 GIIN Annual Impact Investor Survey, about 229 of the world’s leading impact investor organizations manage over $228 billion collectively in impact assets. More than one-third of  family offices are involved in impact investing, increasing 4.2 percentage points from 2016.

Join the discussion at the upcoming 2019 NAWRB Conference on Aug 4th-6th in Pasadena, CA, as industry experts address this issue and more affecting the economic ecosystem. We would love to hear your take in the comments below! 

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Federal Bank Agencies Assist Community Development after Hurricane Maria

A press release by the Federal Deposit Insurance Corporation reveals that federal bank regulatory agencies will give “favorable consideration” to disaster areas affected by Hurricane Maria, predominantly located outside of the U.S. Virgin Islands and Puerto Rico. This will be carried out under Community Reinvestment Act (CRA) regulations, which encourage financial institutions to assist community development and local credit needs.

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Happy Holidays from NAWRB!

 

The adorned trees in front windows, decorative neighborhood lights and bustling shopping malls all communicate the same message, the holidays are coming! The recently decreased traffic on the way to work suggests that many have already begun their holiday vacations and are travelling around the country to be with their loved ones during this wonderful time of year.

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