June 2021 NAPFA Advisor Magazine - Full Issue-June 2021 NAPFA Advisor Magazine

June 2021 NAPFA Advisor Magazine - Full Issue

Pdf Summary

Financial advisors can address social justice and inequality in their clients' portfolios through various strategies such as investing in community development financial institutions, examining the social impact of municipal bond issuance, investing in ESG and SRI funds, and exploring impact investing options. Advisors should customize portfolios to align with clients' values. Larry R. Frank Sr., the owner of Better Financial Education, is a retired U.S. Air Force pilot who now works in personal finance, primarily with retired clients. He uses DFA and Vanguard for investing and is a member of NAPFA. Frank plans to grow his practice and consider succession planning.

Keywords

Financial advisors

social justice

inequality

portfolios

community development financial institutions

municipal bond issuance

ESG funds

SRI funds

impact investing

portfolio customization