Does anyone have a socially conscious financial planner they can recommend ?

[progree]

11. I did not say anywhere that U B S is US Bank. I asked if U S B was US Bank

From your post #8 -

RB Wealth is a division of USB another big global banking brokerage corporation.

From my post #9 [div class="excerpt" style="background-color:#CEF6FE;"]I don't think there is any tie with USB - that's US Bank Corp?

From your post #10 -

no UBS is not USBank. I misread your original post. There is a RBWealth that is a division of UBS. UBS is not USBank; it is global corporation. I think it is based in Switzerland.

In post #8 you said U S B.

I never said anywhere, that U B S is US Bank.

My only mention of either U B S or U S B is post #9 above, "I don't think there is any tie with USB - that's US Bank Corp?".

You are correct that RB Wealth is a division of U B S, and yes, U B S is based in Switzerland. And yes, in post 7, I said "RB Wealth" when I meant the "RBC Wealth Management" that I talked about in post #2. My bad.

I certainly would not choose an investment company on where they advertise. Anyone can buy advertising and capitalist definitely know to go where the market is.

Nor would I. I also mentioned in the original version of #7 that [div class="excerpt" style="background-color:#CEF6FE;"]Mark Heaney used to have Dan Brooks on regularly for a segment every Wednesday or something like that back when Heaney was hosting a show about 4 years ago. So that was part of my basis for thinking of them as a possibility (I liked most of what I heard him say), but only a possibility, with caveats, hardly a ringing endorsement --

[div class="excerpt" style="background-color:#CEF6FE;"]RBC Wealth Management https://www.rbcwm-usa.com/index.htm advertises a lot on AM 950 progressive talk radio in the Twin Cities and I remember hearing them claim to socially conscious investing. To me, though, they look like the kind of place that will charge 1 to 2% or more of your assets per year. They might be tilted towards high net worth clients. But they've been advertising on AM 950 for a long time, so I'd be inclined to see if they are a fit if I was "looking".


And yes, you have an excellent point about advertisers on AM 950 -- there are a bunch of skank weeds advertising on AM 950. Saturday and Sundays is a cesspool of infomercial programs by snake oil salesmen. And there is constant advertising by companies that will fix your debt problems, fix your tax problems with the IRS, etc.

From your post #10

I recommended the investment company I work for because I know that at least the people running the company are ethical.

Myself, I would not choose an investment company on the basis of their claim to be ethical. I don't know any that don't claim that. And I would want to choose one that didn't imply that someone said that U B S is US Bank when no such statement was made.

I think annm4peace would be interested in how SIT might be a fit for her situation other than a claim to be ethical.

Most "green funds" have a few green companies in them and the rest are the same old money grubbers. If you want to invest in the market and want to stay green then open a brokerage account and invest in individual stocks you have researched yourself.

Yes, that is a possibility, but with a caveat. To be properly diversified, one should have at least 20 stocks, and would still likely end up with a lot more volatility overall than say a broad-based index fund like the S&P 500 index fund, or a Total U.S. Market Index Fund. Plus I would add an international index fund (Myself, I'm working towards 50% US and 50% non-US as my goal for my investments). And then as she has the time to do research, careful research on individual stocks, she can add those.

I would strongly *not* recommend that anyone, except a very experienced and exceptionally gifted investor, put all or most of their retirement into individual stocks. Either of their own choosing, and definitely not ones chosen by an investment advisor who stands to gain by churn -- that is the road to inevitable disaster.

I only have one individual stock, and it is a short way down on my "sell list" despite it doing very well. The rest of my investments are mostly in a few low cost index funds and ETFs, and a smaller portion in a few actively managed mutual funds.