LOGIN
Subscribe

Abacus Wealth merges with social justice RIA Robasciotti & Philipson

$440-million-RIA

Co-founders of the RIA Rachel Robasciotti and Maya Philipson will not work with clients at Abacus and will largely spend time managing their ETF. The firm reported $130 million in assets under management.

Abacus Wealth Partners is upping its social justice and sustainable investing game by merging with San Francisco-based Robasciotti & Philipson.

Even though Robasciotti & Philipson, with $130 million under management, pales in comparison to Santa Monica, California-based Abacus’ $3.8 bil

Subscribe or log in to read the rest of this content.

Related Topics: , , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Are AUM fees heading toward extinction?

Are AUM fees heading toward extinction?

The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors hail traditional benefits of ETFs while trend toward aggressive equity exposure shows how 'soft landing has replaced recession.'

Chasing retirement plan prospects with a minority business owner connection

Chasing retirement plan prospects with a minority business owner connection

Martin Smith blends his advisory niche with an old-school method of rolling up his sleeves and making lots of cold calls.

Inflation data fuel markets but economists remain cautious

Inflation data fuel markets but economists remain cautious

PCE inflation data is at its lowest level in two years, but is that enough to stop the Fed from raising interest rates?

Advisors roll with the Fed’s well-telegraphed monetary policy move

Advisors roll with the Fed’s well-telegraphed monetary policy move

The June pause in the rate-hike cycle has introduced the possibility of another pause in September, but most advisors see rates higher for longer.

Latest news

Investors are impatient, they want big earnings

Investors are impatient, they want big earnings

‘I want to be a catalyst for change’

High school financial literacy education now mandatory in Oklahoma

Carson expands East Coast presence with three new locations

Do private debt fund returns offset their risks?

Tragedy at BofA as 25-year-old trader dies at industry event

Finra dings small Calif. B-D over Reg BI, missing red flags

Does the Dow hitting 40k matter?

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print

Subscribe

Get unlimited access to InvestmentNews

Subscribe for just
$19.99 per month.

Subscribe