Inspire Investing Ranked Among Top 10 Fastest-Growing RIAs by Financial Advisor Magazine
SAN JOSE, Calif., July 9, 2019 (Newswire.com) - Inspire Investing, a global leader in the faith-based, biblically responsible investing (BRI) movement, ranked as the eighth fastest-growing firm in Financial Advisor Magazine’s (FA) annual “RIA Ranking” report. This marks the third consecutive year that Inspire has been recognized in the RIA Ranking of fastest-growing firms.
FA’s 2019 RIA Survey and Ranking report is an annual survey that ranks firms based on percentage growth in assets from the previous calendar year and is the premier industry ranking of independent RIA growth. Financial Advisor Magazine is a major publication targeted to financial professionals that aims to deliver essential market information and strategies to help advisors better serve their clients and grow their firms.
To be listed three years running as one of the fastest-growing firms in the nation is a testament to the momentum of the biblically responsible investing movement that is exploding across the globe. God is doing a mighty work in the financial industry, and it has only just begun.
Robert Netzly, CEO, Inspire Investing
“To be listed three years running as one of the fastest-growing firms in the nation is a testament to the momentum of the biblically responsible investing movement that is exploding across the globe. God is doing a mighty work in the financial industry, and it has only just begun,” said Robert Netzly, CEO of Inspire Investing.
Inspire Grows Assets Despite Market Pullback
Inspire Investing grew assets under management (AUM) by an astounding 92.43% in the 2018 calendar year. This dramatic increase is even more admirable given that stock markets around the world ended the year with losses. The U.S. stock market as measured by the S&P 500 lost -4.83%, while global stocks tracked by the MSCI All Country World Index lost even more with a -9.41% decline.
“2018 was a difficult year for many investors, particularly in the sharp selloff of the fourth quarter. But despite poor performance of stocks around the world, we continued to see large inflows into our biblically responsible investing products. This is another proof of the strength of the BRI movement,” commented Netzly.
Inspire has continued to attract inflows in 2019, growing a sensational 113% during the first half of the year, bringing total Inspire AUM to $537 million managed in their unique, biblically responsible investing approach to faith-based, environmental, social and governance (ESG) investing as of the end of June.
Inspire’s Data-Driven Approach to Biblically Responsible Investing
At the center of Inspire’s approach to biblically responsible investing is their proprietary Inspire Impact Score methodology. Inspire Impact Scores allow investors to easily identify how aligned or how opposed a company (or portfolio of companies, like a mutual fund or ETF) is to biblical values.
Using a wealth of environmental, social and governance (ESG) data from some of the most respected data providers in the world, Inspire analyzes companies from the bottom up with a rules-based, methodology-driven process through the lens of a biblical values worldview.
The result of this objective, data-focused process is an Inspire Impact Score that ranges from -100 to +100, with scores closest to +100 representing greater alignment with biblical values. Inspire invests in those companies closest to +100 and never invests in companies with scores lower than zero in any of their strategies.
“We believe that companies more closely aligned with biblical values represent higher-quality investment opportunities, and the number of our strategies outperforming their benchmarks seems to be supportive of that thesis,” says Netzly.
Inspire recently released a free online tool at www.inspireinsight.com that allows investors to look up the Inspire Impact Score of more than 25,000 stocks, mutual funds and ETFs to investigate the good, bad and ugly of what their portfolio is invested in from a values perspective, quickly and easily with a simple ticker symbol search.
Inspiring Transformation Around The World
Not only does Inspire Investing seek to invest in the most inspiring companies in the world, but they also aim to be one of the most inspiring companies in the world. As such, Inspire donates 50% or more of their corporate profits to Christian ministry every year. Most recently, Inspire has partnered with World Help to adopt a village in the coffee farming mountains of Guatemala and is working to provide a church building, clean water, improved education, a fully functional medical clinic and child sponsorship to completely transform the lives of those living in that impoverished village.
For more information on Inspire Investing, please visit: www.inspireinvesting.com
For media inquiries or interview requests, contact inspire@inspireinvesting.com.
About Inspire Investing
Founded in 2015 and headquartered in the Silicon Valley of California, Inspire Investing seeks to create meaningful impact in the lives of people across the globe by providing quality, biblically aligned investments that support Christian ministry and is a leading authority in the Biblically Responsible Investing (BRI) movement. For more information, visit www.inspireinvesting.com.
* Disclaimer: Investment advisory services offered through CWM Advisors LLC dba Inspire, a Registered Investment Advisor with the SEC.
Media Contact:
Eric Smyth
(831)382-6572
inspire@inspireinvesting.com
Source: Inspire Investing