Why did you choose investment consulting?
I enjoy working in an environment that is in harmony with fiduciary responsibilities. The ability to work for clients without any conflicts of interest is something I really value. I try and bring a combination of trust and expertise to my clients and their investment objectives. Innovest’s approach to conflict-free investment consulting makes my work extremely rewarding.
How did you get started in the industry?
In the early 1980s I began learning about investments from my father, and soon thereafter began investing on my own. Over time, some friends and associates began asking me for advice regarding their personal portfolios. I started my own investment advisory firm to serve these clients and pursued the Chartered Financial Analyst (CFA) designation.
Where did you go to college? What did you study?
I received my bachelor’s degree in history and a minor in business from Oral Roberts University in Tulsa, OK.
What did you do before coming to Innovest?
Before Innovest, I spent seven years as a portfolio manager serving high-net-worth families and non-profit organizations in the Denver area at Northern Trust. Previously, I was a portfolio manager for clients of another trust company, both in Colorado and the region of eastern Ohio and northern West Virginia.
What was your most interesting job?
All of my jobs have been interesting and engaging. The financial markets are constantly changing, and clients’ needs and objectives change over time. I am thankful for those experiences, as I have been able to build upon them while working at Innovest.
Do you have any certifications? What are they? Why did you choose them?
I hold the Chartered Financial Analyst (CFA) designation from the Institute of Chartered Financial Analysts and the Certified Investment Management Analyst (CIMA®) designation from the Investments & Wealth Institute. I chose to obtain these certifications because I wanted to deepen my investment knowledge and be of better service to clients.
Do you do any continuing education?
One of the most gratifying and challenging aspects of investment consulting is continually learning. I endeavor to stay on top of market news and trends so I can help clients understand the markets and have the discipline to be successful long-term investors.
Innovest is honored to be named a 2018 Best Place to Work in Money Management by Pensions & Investments. This marks the fourth time that Innovest has been awarded the national honor in the past five years (2014, 2016, 2017, 2018).
Pensions & Investments ranked Innovest fifth out of 19 companies with 20 to 49 employees, citing Innovest’s family-friendly work environment and personal and professional development opportunities.
“We are humbled to be awarded this honor for a fourth time. It is one of the awards that we are most proud of as a firm as it is a testament to our outstanding employees and Innovest's culture,” said Richard Todd, CEO of Innovest Portfolio Solutions.
To learn more, click here.
Source: Pensions & Investments
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.
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
Hunting for Missing Participants
The Outlook for the Economy and the Financial Markets
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.
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!
Five Fun Facts about Jordan
1. He is left-handed, but plays golf and tennis right-handed.
2. He grew up snowboarding, but taught himself how to ski four years ago.
3. He is a big football and basketball fan - GO BRONCOS and NUGGETS!
4. He moved to Colorado when he was two weeks old.
5. One of his goals is to hike one 14er each summer.
Five Fun Facts About Brooks Urich
1. He has climbed ten 14ers
2. He has traveled to 30 countries
3. He played four years of college baseball
4. He is a published author in the book Relatively Speaking
5. He is an avid snowboarder
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:
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.
Innovest’s collective top four strengths are belief, responsibility, learner and achiever.
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.
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.