Cornerstone Capital Appoints Kristin Frank To Board of Directors
Financial Advisor, January 10: MTV veteran Kristin Frank is joining RIA firm Cornerstone Capital as a member of its board of directors. Cornerstone, a wealth manager for individuals, family offices and foundations, integrates…
Kristin Frank Joins Cornerstone Capital Group Board of Directors
My Social Good News, January 9: “We are absolutely delighted to have Kristin Frank joining our Board. Kristin’s exceptional leadership in the media industry, her deep expertise in digital media, and her innovative…
Considering ESG materiality is part of fiduciary duty, says leading investment manager
IR Magazine, January 8: " I think investing without considering material ESG issues is breaking the fiduciary duty investors have – anyone who is doing that should be out of a job or in jail,"…
Cornerstone was selected to The Real Leaders 100 Top Impact Companies
Real Leaders, January 7: Cornerstone was selected to the inaugural The Real Leaders 100 Top Impact Companies. The award ranks the top companies applying capitalism for greater profit and greater good. Read full…
US stocks slide as federal government shutdown adds to worries
Financial Times, December 20: “There is a government shutdown, more harsh words out of Washington about China’s alleged theft of intellectual property and people are still digesting the implications of the Federal Reserve actions,”…
35 World-Changing Women in Conscious Business 2019
Conscious Company Media, December 19: As a virtual summit of sorts, we launched our inaugural list of badass women in business in our 2018 winter issue, and this year we’re back with another summit…
Wall Street Is Making the Most Money Ever. So Why the Long Face?
Bloomberg, December 18: Holiday spirits across Wall Street are being spoiled by anxiety that markets are getting uglier, frustration over the industry’s own miserable stock prices and fears that a recession will finally hit.…
Sustainable investing risks becoming a victim of its own success
Quartz, December 13: The world of sustainable and socially responsible finance lacks structure and standards. Without these, there’s little to protect against “greenwashing”—firms and fund managers saying they are adhering to ESG…
Money in donor-advised funds can make impact before distribution
Investment News, November 15: "Donor-advised fund holders who really want to use DAFs to make a difference through charitable giving can use their DAF capital that isn't being used for charitable contributions at a given time…
Stocks Stage Modest Comeback After a Brutal Monday
Barron's, November 13: Cornerstone Capital Group’s Michael Geraghty writes that looking ahead, major market catalysts will be trade, the Federal Reserve’s moves, and a potential government shutdown in December if Congress can’t agree on a budget.…
Stocks rise in volatile trading as tech shares bounce
CNBC, November 13: “I do see more volatility as we head into year-end,” Michael Geraghty, equity strategist at Cornerstone Capital Group. He said trade worries, speculation about the Federal Reserve’s path toward normalizing…
Tesla’s pick for a new chairwoman is boring, but that’s exactly what the company needs, experts say
CNBC, November 8: The ideal chairperson for a company is often someone who doesn’t call attention to themselves, according to John Wilson, head of research and corporate governance at Cornerstone Capital Group. “It is a hope…
Google Walkout Reminds Us Why Internal Reputation Can Make or Break a Company
Risk & Insurance, November 7: How do your employees view your company and what does it mean for you long-term if your company’s internal reputation is sub-par? John Wilson, head of research and corporate…
Pension Funds Want to Know: Do You Have a #MeToo Problem?
Bloomberg, November 6: Pension fund managers are starting to see sexual harassment as a material risk to their investments, and they’re going to be asking more questions. . . . “These are early days,…
Employee Discontent Threatens Google’s Reputation
Wall Street Journal, November 2: On Thursday, workers of the Alphabet Inc. 's Google unit who took part in a walkout at the company’s offices around the world signaled a crisis in faith—one that, if widespread,…
ESG Investing: What Does It All Mean?
Kiplinger's Personal Finance, November 1: Plenty of companies reflect some of the environmental, social or governance qualities that characterize sustainable investing. Unilever, for example, is lauded for setting a target to be carbon…
How I learned to love a good downturn in the stock market
Washington Post, October 26: “Stocks have become cheaper,” said Michael Geraghty, equity strategist at Cornerstone Capital Group. “They are not bargain-basement cheap, but they are certainly cheaper than a couple of weeks…
Tech Leads Market Back Into the Black After a Brutal Wednesday
Barron's, October 25: In all, next year is “shaping up to be more challenging” than 2018 has been, with the S&P 500 earnings growth forecast to be “cut in half,” writes Cornerstone Capital Group’s Michael Geraghty.…
Alexander Navab Joins Cornerstone Capital Group Board of Directors
NEW YORK, October 24, 2018 – Cornerstone Capital Group (“Cornerstone”), an SEC registered investment advisor that pursues financial returns alongside social impact by incorporating environmental, social, and governance (ESG) analysis into portfolio design, today announced the…
Managers Guilty of ‘Greenwashing’ in Rush to Meet ESG Demand
Fundfire, October 23: Greenwashing, the practice of marketing investment strategies as sustainable when they fail to meet environmental standards, is widespread in the asset management community, largely driven by ill-informed investors, rather than ill…