'ESG investing is just investing.' Erika Karp's straight talk on ESG and a chat about SPACs.

Episode 41

'There is no such thing as ESG investing ... it's an analytical tool,' says Erika Karp, chief impact officer at Pathstone, and not utilizing it will hurt your investing in the long run. Erika chats with Jeff and Bruce about all things ESG investing, impact, and why it's important for advisers to go beyond the labels. Nicole Casperson joins to discuss SPACs and why so many celebrities are hitching their brand to the SPAC bandwagon.

Episode Notes

Interview with Erika Karp about ESG investing 00:15-20:15

  • ESG investing is just investing
  • Regulatory outlook for ESG and the opening up of retirement plans to ESG
  • The risk of greenwashing
  • The challenges of increasing ESG popularity
  • Impact investing vs. other ESG investing
  • When will we reach full adoption?

    Interview with Nicole Casperson on SPACs  20:45-35:10
  • The rise of SPACs
  • What’s in it for celebrities promoting SPACs?
  • High valuations in SPACs
  • Any impact on advisers

Related Article:  ESG investing is just investing

Related Article:  Pathstone acquires $1.1 billion RIA

Guest Bio: Erika Karp is the chief impact officer at Pathstone. She joins the Pathstone team from Cornerstone Capital Group, the sustainable and impact investment advisory firm she founded in 2013, which was acquired by Pathstone earlier this year.

Erika founded Cornerstone Capital Group to bring the disciplines of finance, economics and sustainability to bear in pursuit of a more regenerative and inclusive form of capitalism. Over the course of her 25-plus years on Wall Street, she developed a deep belief in environmental, social and governance analysis as a critical input to investment decision-making.

Recent episodes
  • Episode 193
  • Aug 25, 2025

InvestmentNews talks fiduciary standard with Knut Rostad

The Trump Administration's executive order to open up retirement plans to different kinds of investments raises questions around the fiduciary standard that should be applied.

InvestmentNews talks fiduciary standard with Knut Rostad
  • Episode 192
  • Aug 07, 2025

InvestmentNews reviews the highs and the lows of the wealth management industry

July is supposed to be a slow month, but InvestmentNews has a fascinating list of stories worth paying attention to.

InvestmentNews reviews the highs and the lows of the wealth management industry
  • Episode 191
  • Jul 24, 2025

InvestmentNews reviews the first half of 2025

The InvestmentNews editorial team recaps the twists and turns of the first half of 2025.

InvestmentNews reviews the first half of 2025
  • Episode 190
  • Jul 11, 2025

Meet Andrew Cohen: From sports biz to RIA beat at InvestmentNews

Bruce chats with reporter Andrew Cohen, who has covered the RIA industry for InvestmentNews since late March, while crossing over with his old beat covering sports business as the trendy asset class just hit a record-breaking $10 billion team sale.

Meet Andrew Cohen: From sports biz to RIA beat at InvestmentNews