Progressive Asset Management Celebrates 25 Years of SRI Leadership
Progressive Asset Management (PAM), one of the nation’s largest full-service retail investment firms specializing in socially responsible investing (SRI), celebrates the completion of its 25th year in business serving individuals, families and institutions who want their investments to be in harmony with their social and environmental beliefs.
PAM was launched at the end of 1987 by a group of SRI pioneers, most notably Peter Camejo, to fill the urgent demand for a new kind of investment firm – one that would concentrate 100% on ethical and environmentally-conscious investing. Such a firm had never existed.
Over the years, PAM has helped bring such new concepts as community investing, sustainability, plus environmental, social, and governance issues to the forefront of mainstream investment thinking. Today the PAM Group – the socially-responsible investment division of Financial West Group – consists of nearly 50 SRI advisors servicing more than 7,000 clients nationwide.
Together, PAM Group and FWG offer investors the nation’s widest selection of socially responsible financial products and services, including:
- Socially-screened investment portfolio management
- Access to all listed stocks, bonds and over 200 socially responsible mutual funds
- Individual and business retirement plans with SR choices
- Institutional and endowment money management
- Trust account management
- College savings plans, including 529s
- Community investments
- Personal financial planning
- Annuities, plus Life, long-term care and disability insurance
Beyond helping to pioneer socially responsible investing, over the years PAM has provided leadership in tobacco divestment, opposing abusive labor practices, fossil fuel divestment and other shareholder actions. Recently they have offered investments in fair trade coffee cooperatives and a series of opportunities in wind power, alternative energy and green building initiatives.
Perhaps most importantly, PAM’s efforts have touched hundreds of financial professionals and thousands of investors over these past 25 years – offering a place where people of conscience feel welcomed and among kindred spirits as they use their money as another way to promote world change.
Complimentary 25th Anniversary Newsletter
For more information, ask PAM for a copy of their complimentary 25th Anniversary newsletter here,