'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 179
  • Nov 19, 2024

What does the election result mean for wealth professionals?

Bruce is joined this week by new InvestmentNews managing editor Emile Hallez to discuss what happens now that the election is over and we know who the next president is going to be.

What does the election result mean for wealth professionals?
  • Episode 178
  • Oct 30, 2024

What’s happening at Osaic?

Bruce is joined once again by InvestmentNews managing editor James Burton to discuss the ongoing consolidation and potential for job cuts at one of the country’s largest broker-dealer networks.

What’s happening at Osaic?
  • Episode 177
  • Oct 11, 2024

The story of the year? We attempt to unpick LPL’s firing of Dan Arnold

Bruce mixes it up this week and brings in InvestmentNews managing editor James Burton to discuss the story that rocked the newsroom last week – the surprise termination of LPL CEO Dan Arnold.

The story of the year? We attempt to unpick LPL’s firing of Dan Arnold
  • Episode 176
  • Sep 24, 2024

Are RIAs moving away from traditional advisor fees?

Bruce sits down with Vance Barse, founder and wealth strategist at Your Dedicated Fiduciary, to discuss different fee models and the passionate “hourly fee bros.”

Are RIAs moving away from traditional advisor fees?