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Arnerich Massena Publishes White Paper: “Women in Investing: Why balanced gender representation on your advisory team helps lead to success”

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in endowment & foundation, private wealth management, retirement plan consulting services, and impact investing strategies, announces the publication of a new white paper: Women in Investing: Why balanced gender representation on your advisory team helps lead to success. While other industries are beginning to see a greater balance between men and women, the financial services industry continues to be heavily male dominated. This paper discusses why the investment industry would benefit from including more female financial professionals and how to foster that change.
 
“Arnerich Massena is unique in that the firm has had an equal or near-equal gender balance among its leadership and advisory team throughout the company’s history,” notes Terri Schwartz, contributor to the paper, firm principal, and managing director of institutional services. “We think this balance has improved our strategic thinking and our ability to connect and communicate with our clients, and want to share our experience. There is research that supports the idea that bringing both male and female perspectives to the table can contribute to long-term outcomes.”
 
“We need different perspectives, which ultimately help foster collaboration and better long-term results,” adds Reegan Rae, contributor, principal, and managing director of Wealth Management. “The most effective teams don’t all look the same or think the same. We maintain the gender balance of our advisory teams because we are convicted that it presents a material advantage for our clients, and we’re pleased to do our part to foster this change across the financial services industry, ultimately benefiting all people who are seeking investment advice and assistance.”
 
The white paper takes a deeper look at how significant the gender disparity is in the investment industry and some of the reasons the imbalance has remained so pronounced. The discussion then focuses on why we need women in the financial services profession and what the industry can do to help promote this. The paper is intended to provide real solutions that will be of long-term benefit to financial services firms, their clients, and the industry itself.
 
Arnerich Massena is 100% employee-owned, with 52% owned by women; the firm was listed among the top 20 largest women-owned firms by The Portland Business Journal in 2018. The company’s executive leadership team is evenly divided between men and women. The firm’s overall investment advisory team is 45% female, with the wealth management advisory team comprised of 50% women.
 
A downloadable version of Women in Investing: Why balanced gender representation on your advisory team helps lead to success is available at http://arnerichmassena.com/Research-Resources/.
 
 
About Arnerich Massena - Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing endowments, foundations, charitable organizations, private clients, trust and estates, and corporate pension and profit sharing plans. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fisheries, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

Arnerich Massena Becomes an Intentional Endowments Network Member

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in endowment & foundation, private wealth management, retirement plan consulting services, and impact investing strategies, announces that the firm has joined the Intentional Endowments Network (IEN), which supports colleges and universities, and other mission-driven tax-exempt organizations, in aligning their endowment investment practices with their mission, values, and sustainability goals, without sacrificing financial return. Now a member of the IEN, Arnerich Massena will provide thought leadership and act as a resource for higher education institutions seeking to incorporate impact strategies such as sustainable and ESG (environmental, social, governance) investing into their endowment portfolios.

Bringing the Future to Investors

Brand Story - With its third white paper on the topic and award-winning research, Arnerich Massena is redefining “impact investing,” offering investors the opportunity to make a positive global impact with the potential to achieve.

Arnerich Massena Publishes New White Paper: Retirement Plan Best Practices: Plan Monitoring

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in retirement plan consulting services, endowment & foundation, private wealth management, and impact investing strategies, has published its latest white paper,Retirement Plan Best Practices: Plan Monitoring. The white paper is the fourth in a five-part series outlining retirement plan best practices; the series began withplan governance,plan design, andinvestment menu construction,and will conclude by covering participant education.Plan Monitoringexamines best practices for a retirement plan sponsor in maintaining and monitoring their plan over time.

“Maintaining an employer-sponsored retirement plan is an ongoing process, requiring dedicated attention and oversight,” the paper states. “Monitoring your investment menu managers, your plan providers, and plan fees is an important part of your overall fiduciary responsibility.” The paper guides sponsors in developing monitoring processes based on best practices that will help them fulfill their fiduciary duty while best serving their plan participants.

“Fiduciary liability often comes down to process more than outcome,” notes Terri Schwartz, managing director of institutional services and business development. “Having a thoughtful process in place, then following and documenting the process is the best way plan sponsors can demonstrate prudence. We have years of experience helping retirement plan sponsors monitor their plans and fulfill their fiduciary duties; we’re pleased to share our knowledge and experience in this paper.” 

Contributors to the paper include Ryan Cunningham, CAIA; Jillian Perkins; Terri Schwartz; and Chris Van Dyke, CFA, CAIA.

A downloadable version ofRetirement Plan Best Practices: Plan Monitoringis available athttp://arnerichmassena.com/Research-Resources/.


 

About Arnerich Massena - Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing corporate pension and profit sharing plans, private clients, endowments, foundations, charitable organizations, and trusts and estates. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

Arnerich Massena Forecasts Investment Trends of 2018

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in private wealth management, endowment & foundation, retirement plan consulting services, and impact investing strategies, takes a look into 2018 to prognosticate some of the cultural changes that may affect the investment environment next year.
 
The firm’s forecasts are not investment recommendations, but provide a flavor of what investors might expect to see in the New Year. Co-CIO Bryan Shipley, CFA, CAIA, remarks, “in 2018, we are facing the frontier of exciting changes, which could be called disruptive or innovative, depending on your perspective. We want to provide investors with some context for what the environment may look like as we move into 2018.”
 
1.    Disruptive Technology
Imagine a world where nobody drives their own car or visits a grocery store, or where you print everything you need at home, from shoes to furniture. This world is closer than you may think, with the advent of new technologies like self-driving cars, drone delivery services, 3-D printing, and artificial intelligence. Industries like robotics, machine learning, and healthcare are positioned for radical advancement, while we’ll continue to see shopping malls close and car dealerships shrink. As we dive deeper into a world based on technology, data security will be a crucial topic in 2018.
 
One of the most disruptive technologies — with vast potential for multiple uses — is blockchain technology, which has given rise to cryptocurrencies. In addition to being an interesting foray for speculative investors, cryptocurrencies also represent another nail in the coffin for cash. Whether bitcoin or dollars, the digitization of money will continue in 2018.
 
2.    Private Markets Go Mainstream
Today, there are half as many U.S.-listed public stocks as there were 20 years ago. The Wilshire 5000 Index no longer has 5,000 companies because there are not enough publicly traded companies! There is a consolidation at the upper end — where behemoths like Google, Amazon, and AT&T almost monopolize whole industries. At the smaller end of the spectrum, companies are waiting longer to go public, some until they can no longer even be classified as small cap stocks. Becoming or remaining a private company allows for greater flexibility to innovate and take risks. In this environment, investors are beginning to realize the importance of private equity alternative investments. With a possible return of public market volatility in 2018, we believe this trend will continue and investors will be looking to private markets to round out their portfolios.
 
3.    The Sharing and On-Demand Economy
Uber is now the largest taxi company in the world, yet they don’t own any cars! Similarly, Airbnb is the largest hotel company in the world, yet it owns no property. Some of the disruptive (or creative) technology listed above is making possible a new kind of marketplace, called by some the “sharing economy” based on sharing cars, bicycles, and homes, or dubbed the “on-demand economy” because ownership is no longer necessary; one can simply order what one needs when one needs it. As it becomes easier to connect people and things, this trend will continue to expand, making possible both micro-businesses and the companies that organize these marketplaces.
 
4.    The Rise of Millennials and Values-Based Investing
Millennials are taking over! Not really taking over, but the economic engine is beginning to look to millennials for the next few decades of growth, which means shifting to the values that millennials bring to the table. New millennial leadership roles in companies could change business models considerably. This is a generation that is used to having all knowledge at their fingertips, and are thus more connected with the process of how their products are made and how their services are delivered. They don’t just want good products and services; they are looking for their purchases to align with their values. Similarly, millennial investors will be seeking investments that support their principles and ideals. Look for the development of new ways to track an investment’s impact and positive influence on the world, which will become more important as the next generation moves into the economic driver’s seat.  
 
5.    Stepping out onto the Frontier
Often, an emerging markets rally is followed by a boom in frontier markets, as investors look a little further out for return. In addition to this boost, frontier markets have other winds behind them as well. As emerging markets further stabilize and become competitive technologically, much of the manufacturing work is moving to frontier markets. With large populations of working-age adults and significant room for economic development, frontier markets offer attractive demographics, cheap valuation, and fast growth potential.
 
“Civilization is on the verge of major changes,” says Tony Arnerich, co-CIO. “Soon, we can look forward to life-lengthening healthcare technologies, 3-D printed homes, appliances that communicate with one another, and self-driving vehicles, to name a few. Not all of that will fully manifest in 2018, of course, but we are seeing the beginning of how some of these technologies will change the way we live our lives, and the way we invest our assets.” As this revolution unfolds, Arnerich Massena is looking forward to the opportunities the future is bringing and incorporating them into a thoughtful and disciplined investment strategy.
 


 
About Arnerich Massena: Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing corporate pension and profit sharing plans, private clients, endowments, foundations, charitable organizations, and trusts and estates. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

Arnerich Massena Publishes New White Paper: Retirement Plan Best Practices: Investment Menu Construction

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in retirement plan consulting services, endowment & foundation, private wealth management, and impact investing strategies, has published its latest white paper, Retirement Plan Best Practices: Investment Menu Construction. The white paper is the third in a five-part series outlining retirement plan best practices; the series began with plan governance and plan design and will also cover plan monitoring and participant education. Investment Menu Construction examines how to build a retirement plan investment menu that will result in improved long-term participant outcomes.
 
“The move from defined benefit plans to defined contribution plans shifted the investment decision-making process to participants in a way they hadn’t been confronted with in the defined benefit era,” the paper notes. “As an industry we are getting better at understanding how to really help participants invest successfully, much of which comes from our increased knowledge of the science of behavioral economics.” The paper discusses how findings from behavioral economists can help guide the construction of an investment menu. By understanding how participants make decisions, we can design a menu that will make that process easier.
 
“Plan sponsors are challenged to build an investment menu lineup that meets a number of different criteria,” says Terri Schwartz, managing director of institutional services and business development. “They need to provide enough diversification but keep the menu simple to use, offer options that are appropriate for a variety of ages and life stages, and manage investment expenses, to name just a few. We want to help sponsors navigate this territory to ultimately help their participants to a secure retirement.”
 
Contributors to the paper include Ryan Cunningham, CAIA; Corrie Oliva, CFA; Jillian Perkins; Terri Schwartz; and Chris Van Dyke, CFA, CAIA.
 
A downloadable version of Retirement Plan Best Practices: Investment Menu Construction  is available at http://arnerichmassena.com/pdf/white-papers/Menu_construction_final.pdf.
 
 
About Arnerich Massena
Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing corporate pension and profit sharing plans, private clients, endowments, foundations, charitable organizations, and trusts and estates. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com

Arnerich Massena Announces New Principals Alicia Johnston and David Vaughan

Portland-based investment firm Arnerich Massena announced today that Alicia Johnston, director of human resources, and David Vaughan, director of information technology, have been named principals of the firm, joining the shareholder group. Arnerich Massena became 100% employee-owned in January 2017, with the shareholder group comprised of 11 senior staff members.
 
Tony Arnerich, CEO, commented, “Alicia and David are both long-time, dedicated employees of Arnerich Massena who have contributed enormously to the firm over their tenure.” He continues, “I’m excited about their addition to our team, and I’m proud to call them partners.”
 
Alicia Johnston, as director of human resources, is responsible for all areas of human resources, including employee relations, recruitment, and administration of employee benefit programs. She also oversees the firm’s administrative team. Ms. Johnston joined Arnerich Massena in 2009 and previously served as technology coordinator, marketing and administrative coordinator, and senior administrative assistant. She holds a B.A. from Colorado College and a Certificate of Comprehensive Human Resource Management from Portland State University Professional Development Center. Read her complete biography here.
 
David Vaughan oversees Arnerich Massena’s Information Technology department, managing infrastructure operations, technology security, and budget, and providing department leadership. Mr. Vaughan joined Arnerich Massena in 2000, and has more than 18 years of experience in the industry. He earned his B.S. in computer information systems from Missouri State University. Read his complete biography here.
 
With the firm’s transition to 100% employee ownership in January 2017, the company is dedicated to elevating its seasoned, tenured professionals into ownership positions in order to continue to grow and serve our clients with the same exceptional service, independence, integrity, passion, and innovation that has made us successful for 26 years.
 


About Arnerich Massena: Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing private clients, endowments, foundations, charitable organizations, trusts and estates, and corporate pension and profit sharing plans. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy. More information is available at www.arnerichmassena.com.

Arnerich Massena Announces Reegan Rae, CPWA®, Made Principal and Promoted to Senior Investment Advisor

Portland-based investment firm Arnerich Massena announced today that Reegan Rae, Certified Private Wealth Advisor®, has been made a principal of the firm and promoted to a senior investment advisor position in the firm. As a senior investment advisor, Ms. Rae assists in the development, execution, and ongoing management of client portfolio investment programs, coordinating client portfolio management and developing client relationships. Ms. Rae has joined the firm’s shareholder group as a principal of the firm and sits on the firm’s Board of Directors. She also serves on the company’s Product Committee and Portfolio Management Committee.
 
CEO Dave Nute comments, “Reegan reflects the depth of expertise and commitment to client service that exemplify the Arnerich Massena ethos. She has a history of meaningful contributions to the firm and our clients, and I am very excited that she has joined as a shareholder of the company. I am looking forward to her contributions as a member of our Board of Directors.”
 
“I’m thrilled to join the firm as a principal,” says Reegan Rae. “Arnerich Massena is unique in the level of service it delivers to its clients, and I’m proud to be part of helping the company grow.”
 
Reegan Rae, CPWA®, has more than 12 years of industry experience. She joined Arnerich Massena in 2012; prior to that, she served as a registered principal and member firm relationship manager for M Holding Securities and as financial advisor for AXA Advisors. Ms. Rae earned her Certified Private Wealth Advisor (CPWA) ® designation, an advanced credential for wealth advisors who work with high net worth individuals and families. She earned a B.S. from the University of Oregon. She is a current FINRA Series 65 license holder, and a former FINRA Series 7, 66, and 24 license holder. Reegan Rae is in the Portland Business Alliance’s Leadership Portland Class of 2017.
 
This announcement follows the firm’s recent management buyout; the promotion of Ms. Rae reflects the firm’s dedication to elevating its seasoned, tenured professionals to positions of leadership to ensure that the firm retain its independence, maintain the highest level of client service, and continue to provide forward-looking investment advice.
 
 


About Arnerich Massena: Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing private clients, endowments, foundations, charitable organizations, trusts and estates, and corporate pension and profit sharing plans. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

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