Five financial firms up for first corporate award from Invest in Others

Five financial firms up for first corporate award from Invest in Others
Corporate Philanthropy Award to recognize ongoing charitable work from employees and senior management.
AUG 17, 2015
The Invest in Others Charitable Foundation and InvestmentNews have recognized five financial services firms for their charitable contributions, choosing them as finalists for the foundation's first-ever Corporate Philanthropy Award. Commonwealth Financial Network, LPL Financial, Natixis Global Asset Management, North Star Resource Group and Voya Financial were selected from dozens of nominations based on the impact of their charitable work in the community and their incentives to encourage employee giving, among other criteria. The award will recognize a firm that's had an ongoing commitment to encouraging philanthropic giving among its employees and senior leaders, according to the Invest in Others Charitable Foundation. “Companies make an extraordinary impact in their communities by harnessing the energy, passion, and talents of their employees — positively affecting everyone involved," said Megan McAuley, executive director of the Invest in Others Charitable Foundation. "We introduced the Corporate Philanthropy Award this year to recognize the impactful ways financial services firms encourage philanthropy amongst their employees, financial advisers and senior leaders." The winner, which will be announced Sept. 30 at the ninth annual Community Leadership Awards Gala in New York City, will receive a $2,500 donation to a charity of their choice. Five financial advisers also will receive Community Leadership Awards for their individual charitable works at the event, which will be held at Cipriani 42nd Street.

Latest News

Kestra adds Raymond James recruiter to expand advisor hiring push
Kestra adds Raymond James recruiter to expand advisor hiring push

The independent broker-dealer expands its business development bench with a new recruiter and an internal promotion in the West.

Cerity Partners names Will Peng chief innovation officer
Cerity Partners names Will Peng chief innovation officer

The leading ultra-high-net-worth RIA joins other large wealth firms, including Raymond James and LPL, in creating executive roles focused on artificial intelligence strategy

BlackRock expands Aladdin's private markets benchmarking tools
BlackRock expands Aladdin's private markets benchmarking tools

New Preqin-powered benchmarks add transparency to private equity and credit performance across BlackRock's platforms.

Fed's Bowman pushes for lighter-touch AI oversight at smaller firms
Fed's Bowman pushes for lighter-touch AI oversight at smaller firms

Supervision vice chair speaks following recent launch of AI adoption practices by regulators.

Why fixed income still belongs in your clients' portfolios
Why fixed income still belongs in your clients' portfolios

In an era of AI euphoria and market FOMO, getting back to basics with fixed income may be the most contrarian and most important move advisors can make.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.