Posts in Innovest
Health Care and Retirement

Over the last 20 years, healthcare costs have skyrocketed, outpacing the Consumer Price Index by 70 percent. According to the Employee Benefit Research Institute, to have a 90 percent chance of having enough savings to cover medical bills, a man would need $131,000 and the woman would need $147,000. How is the average American supposed to combat these increasing costs? Senior analysis T.J Berge believes that the answer may be combining an employee sponsored retirement plan with a High Deductible Health Plan. Click here to get more information about retirement savings.

Source: Innovest

Rocky Mountain Benefit Plans Conference

Innovest is excited to announce that registration for the Rocky Mountain Benefit Plans Conference is now open. This full day conference will help you improve the management of your benefit plans and your participants’ outcomes. Speakers from Innovest, EKS&H now part of Plante Moran and Alvarez & Marsal Tax will present on the following topics:

  • Retirement Plan Fees 2.0: Leveling, Lawsuits & Lessons Learned

  • Cybersecurity

  • Hunting for Missing Participants

  • The Outlook for the Economy and the Financial Markets

  • Non-qualified Plans

  • Breaking Bad Enrollment Habits

In addition, conference attendance qualifies you for 8 CPE credits. If you want to learn more about the conference, or register, please click here.

InnovestChristine Hudek
Reporting Rock Star

Innovest is proud to announce that one of our interns, Cos Braswell, is the winner of the Innovest Quarterly Reporting Rock Star award! Cos prepared several difficult reports and was always willing to jump in and help others. He also continuously asked for more reports even with his busy schedule. Congratulations, Cos!

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InnovestChristine Hudek
Project Angel Heart

Project Angel Heart never fails to prove that small interventions can have huge impacts. Data shows that access to healthier food options can improve the health conditions of individuals suffering from chronic illnesses. By providing "home-delivered, medically tailored meals," Project Angel Heart continues to have a profound influence on the health outcomes of individuals living with cancer, HIV and other life threatening diseases. That is why Innovest loves volunteering at Project Angel Heart! Whether we are decorating, packing or delivering meal bags, we are proud to work alongside such a great and effective organization.

To learn more about Project Angel Heart please visit their website at:

www.projectangelheart.org

 

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Clifton Strengths Assessment

Nearly 19 million people have completed the Clifton Strengths assessment and Innovest employees are included. Upon hire, each Innovest employee takes the assessment designed to discover what they naturally do best, learn how to develop their greatest talents and use their customized assessment results to live their best life.

Innovest breaks down the results and uses this information to assign work projects and work teams to achieve an efficient and well-rounded end product. The strengths are routinely discussed with Innovest mentors and ways to work more within the strength skill set are identified. Further, strengths of employees are highly visible and posted outside everyone’s working area.

Fun Fact:

Innovest’s collective top four strengths are belief, responsibility, learner and achiever.

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Meet Innovest's Newest College Intern

Karim Zia is a rising senior from UCLA studying Business Economics. He is also minoring in Environmental Systems and Society.

Five Fun Facts about Karim

1. Karim has traveled to more than 20 countries.

2. Karim has played soccer since he was four years old - that's 16 years.

3. Karim is a foodie.

4. Karim and his brother started their own sports beverage company.

5. Karim is a huge fan of the Denver Broncos.

Source: Innovest

 

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How Innovest Was Started

At Innovest, we are not just an investment firm, we are stewards to our clients, employees and community. Everyone knows about the problems on Wall Street.  Things were no better in 1996 when the co-founders of Innovest left their Wall Street firm because of the conflicts of interest and tainted objectivity to start their own firm.  They started the firm with five employees, 25 clients, and a Ryder truck full of used office furniture (driven by President Wendy Dominguez).  With relatively little except for the desire to be stewards for our clients, Innovest was founded.  The firm has come a long way since that day in July – today, Innovest has 45 employees and more than 260 clients.  Innovest consults to just over $23 billion in assets. We have a client-based culture, a fee-only model and we are completely independent with no conflicts of interest. 

While Innovest has grown significantly, a major strength of the firm is to make Innovest a rewarding place to work.  Pensions & Investments named Innovest among the Best Places to Work in the nation in 2017, 2016 and 2014.  This achievement has allowed us to hire and retain top quality talent with the highest integrity who are committed to our clients. Our employees are people who put others first and work for the best outcomes for our clients and community.

 

Meet Innovest's Summer Interns
  Five Fun Facts about John   1. John has climbed eight 14'ers.  2. John is a self-taught swing and contemporary dancer.  3. John owns over 70 pairs of fun themed socks.  4. John started trading stocks when he was 12 after attending a Rich Dad Poor Dad seminar.  5. John went on a missions trip to Cuba over his Spring Break.   Five Fun Facts about Katie   1. Katie has a twin brother who is attending Creighton University.  2. Katie loves to go hiking with her family.  3. Katie learned how to make great macaroons at Sur La Table.  4. Katie attends Gonzaga University.  5. Katie enjoys doing paddle board yoga.

Five Fun Facts about John

1. John has climbed eight 14'ers.

2. John is a self-taught swing and contemporary dancer.

3. John owns over 70 pairs of fun themed socks.

4. John started trading stocks when he was 12 after attending a Rich Dad Poor Dad seminar.

5. John went on a missions trip to Cuba over his Spring Break.

Five Fun Facts about Katie

1. Katie has a twin brother who is attending Creighton University.

2. Katie loves to go hiking with her family.

3. Katie learned how to make great macaroons at Sur La Table.

4. Katie attends Gonzaga University.

5. Katie enjoys doing paddle board yoga.

Colorado Public Plan Coalition (CPPC) Annual Conference

The Colorado Public Plan Coalition (CPPC) is a 501c(6) nonprofit organization which provides education, networking opportunities for administrators of Colorado public plans, and powerful advocacy for public employee benefit plans. CPPC trains public plan trustees on their fiduciary responsibilities and Colorado laws affecting public plans. Innovest and its professionals have been directly involved in CPPC for more than 20 years. Wendy Dominguez, Innovest’s president and co-founder, served as the chair of the organization at its inception. More than 80 public sector plans attend the conference regularly. Innovest is a regular contributor and volunteer to the educational programs, delivering presentations on plan benchmarking, investing, fiduciary responsibility, and participant communication.

CPPC is an excellent resource for public plan sponsors. Please join us at CPPC’s annual conference from August 28 to 31 in Beaver Creek, Colorado. Click here to see the agenda for this year's conference and to register. CPE credits are being offered for the first time.

 

Leadership with Heart

Innovest CEO Richard Todd was recently a guest on the Leadership with Heart Podcast. In this episode, Rich shares his views and his experience on empowering others, continuous improvement as a leader, servant leadership and viewing roles as a vocation instead of a career.

"The best way to get somebody's attention and lead them, is to serve them." - Rich Todd

Click here to listen to the podcast.

Source: Leadership with Heart