Richard Todd, Managing Principal, CEO
Rich is the CEO and co-founder of Innovest Portfolio Solutions. He has more than 30 years of experience in investment consulting and currently provides consulting services to both institutions and families. Rich has been named as one of America’s top 100 independent investment advisors by Barron’s and was selected a 2017 outstanding CEO by ColoradoBiz magazine. Prior to establishing Innovest, Rich was First Vice-President of Investment Management Consulting Group of Dain Bosworth and Managing Director of RPRime Services, the consulting department at Rauscher Pierce Refsnes. He earned the Certified Investment Management Consultant (CIMC) designation from the Institute for Investment Management Consultants Association. Rich has a business finance degree from Western State Colorado University.
Rich is a Registered Fiduciary™, earned through Strategic Ethos and Dalbar, Inc., in conjunction with the Foundation for Fiduciary Studies at the University of Pittsburgh's Katz Graduate School of Business. This designation represents Rich's commitment to acting in the best interest of clients. He has been a frequent author on fiduciary and investment related matters. He has been a columnist for the Denver Business Journal and has been published in Financial Advisor Magazine, Private Asset Management, Defined Contribution News, On Wall Street, Journal of Compensation and Benefits, Colorado Society of CPA’s News Account, Registered Rep, Pensions & Investments, The Denver Post, Accounting Today, Chief Executive, and PLANSPONSOR. Rich also wrote a chapter in The World of Money Management, a 380-page compendium of scholarly research, opinions and information developed by many of the top investment industry professionals.
Rich has served the community as former President of Legatus of Colorado, a Catholic organization fostering business ethics. He was appointed by Governor Hickenlooper to serve on the Western Colorado University Board of Trustees in 2018. Rich is also a member of Colorado Concern, an organization of influential Colorado CEOs committed to enhancing and protecting the business climate in Colorado.
He was formerly on the finance council for Our Lady of Loreto Catholic Parish and is on the board of Regents for the Augustine Institute. He is also a member of the Philanthropy Roundtable. In addition, he is the Past Vice Chairman of Seeds of Hope Charitable Trust, an organization that provides Catholic education opportunities to at-risk children, as well as the Past Chairman of Families of Character, a national organization that helps parents raise children with strong character and moral integrity. He is also a trustee of Colorado Family Action, a non-profit organization that promotes tenets of faith, family and religious freedom. Rich is also a member of the Arrupe Jesuit High School Board of Trustees. Arrupe is a member of the Cristo Ray Network, a consortium of inner city religious schools that provide a college preparatory education to disadvantaged youth through a corporate work study program providing tuition assistance. Rich and his wife Joanie have been married for more than 30 years and have two children, Alex and Reagan.
Rich's Personal Code of Ethics
Know what's right; do what's right • Go "all in" and over-deliver • Remember those that have sacrificed for me •Take responsibility and own my mistakes • My children are a reflection of me • Honor God in everything I do • Hard work brings success • Goodness leads to happiness • Surround myself with great people • Optimism is a force multiplier • Serve with an expectation of nothing in return • Take great swings, but get up to bat •