Faces of Marin’s Local Businesses: Patrick Costello, CFP®, Founder of Green River Sustainable Financial Planning

FACE OF SUSTAINABLE, LOW-CARBON INVESTING

Patrick Costello, CFP®, Founder of Green River Sustainable Financial Planning

There is a low-carbon revolution sweeping the world, particularly in energy, transportation, construction and finance. However, many financial firms are slow to offer guidance to their clients about adjusting their investment strategies to benefit from this secular trend. Consequently, investors risk being left behind. Larry Fink, CEO of BlackRock, the world’s largest money manager just wrote: “The evidence on climate risk is compelling investors to reassess core assumptions about modern finance,” and declared his firm would be launching funds that shun fossil-fuel oriented stocks.

Patrick recommends replacing S&P 500 Index tracking funds that have significant exposure to fossil fuel stocks with green, low-carbon funds, and believes failing to do so means leaving money on the table. Green River is a high-touch boutique investment firm accepting clients interested in lowering their portfolio carbon footprint without sacrificing performance. ($1,000,000 account minimum).

321 San Anselmo Avenue, San Anselmo

415.453.6000

PCostello@ProtectedInvestors.com