Gitterman Wealth Management partners with ABG Retirement Services to provide its SMART (Sustainability Metrics Applied to Risk Tolerance)® Investing Solutions
Peoria, Il - November 11, 2019
The Gitterman name has resonated for more than 25 years across private clients and higher ed institutions as a nationally recognized leader in the Sustainable, Impact, and Environmental, Social and Governance (ESG) space. As momentum in the ESG arena picks up, Gitterman will begin to more broadly offer its sustainable research, educational programs and customized model portfolios through ABG Retirement Plan Services.
John Blossom, Jr., President and CEO of ABG Retirement Plan Services stated, ”Offering ESG solutions within retirement plans gives advisors a differentiated approach to answer the needs of employers seeking to meet this growing plan member interest.”
The SMART program offers access to ESG Mutual Fund Portfolios, Fossil Fuel Free Mutual Fund Portfolios, and the FACTS® SMA, an actively managed portfolio of approximately 25 companies that they believe are most poised for price appreciation and total return.
ABG Retirement Plan Services alignment with Gitterman reinforces the belief that over the next 15 years, nearly $24 trillion in assets will be transferred to millennials, and their value-conscious behavior will drive many of their investment choices.1 Research further shows that over 83% of millennials and 70% of women are interested in Impact, ESG, and Sustainable Investing as part of retirement plan options.2
“Our SMART Investing Solutions for financial professionals is an Asset Allocation Model Suite for advisors interested in Sustainable, Impact, and ESG Investing. It gives you everything you need to market and deliver services that provide an added layer of due diligence, respond to the rapidly growing trend of Impact/ESG Investing, and generate competitive returns,” said GWM Co-Founder Jeff Gitterman.
“Advisors often get the client request for ‘ESG’ and think immediately that in order to offer those portfolios, they need to sacrifice return. In reality, with the right screening, portfolio construction, and tools, advisors can actually provide competitive returns with less volatility,” said Eli Rauch Co-Founder of GWM.
About Gitterman Wealth Management:
For more than a quarter century, the Gitterman name has resonated within the higher education marketplace and high-net-worth individuals. Founded by Jeffrey L. Gitterman and Elias S. Rauch, Gitterman Wealth Management is an independent SEC registered investment advisory firm providing retirement and wealth management services to the higher education marketplace and high-net-worth individuals.
We are also a leader in the Sustainable, Impact, and ESG (Environmental, Social, and Governance) Investing space, offering sustainable investing services for individuals, as well as sustainable research, education, and investing solutions for other financial advisors. Over the past several years, our firm has also served as the host of the 2018 Sustainable Investing Conference at the United Nations, as well as the 2016 and 2017 NYC Sustainable Investing Conferences and is the co-host of the 2019 Sustainable Investing Conference at the United Nations. To learn more about Gitterman Wealth Management, please visit www.gittermanwealth.com.
About ABG Retirement Services:
ABG Retirement Plan Services (ABGIL) is a regional service office of one of the largest retirement plan administration organizations in the country. For more than 40 years, ABGIL has built up more than $3 billion in retirement plan assets by providing administration for more than 42,500 retirement plan participants and health savings account holders.
2 See “Millennials Drive Growth in Sustainable Investing,” Morgan Stanley Sustainable Signals 2017
- See also the guide from The Money Management Institute and The Investment Integration Project (TIIP) giving practice guidance for both independent and affiliated financial advisors: “Fundamentals of Sustainable Investment: A Guide for Financial Advisors” (March 2019), William Burckart and Jessica Ziegler
ABGIL is an independent, employee owned, member of a national consortium of independently owned and operated retirement plan administrators, Alliance Benefit Group, LLC . The national network is one of the largest retirement plan administration entities in the country. Alliance Benefit Group licensees combine the power of a large national company with the individual attention and the personalized service of regional offices.
ABG Retirement Plan Services:
John Blossom, Jr., President and CEO
Gitterman Wealth Management:
Penelope Jackson, Director of Business Development