Around the Firm 3Q2024

Promotions & Team Updates

We are excited to welcome Teri Tomei and Sydney Armstrong to the Innovest team. Teri, originally from Chatsworth, California, joins the Innovest team as an Executive Assistant, and Sydney, a Baylor graduate from Shawnee, Kansas, comes on board as an Analyst Assistant to the portfolio accounting team!

We are also delighted to announce Austin Cleveland's progression to Analyst and Sydney Aeschlimann's progression to Manager. We are thankful for these team members and their dedication to our clients, team, and stewardship mission.

As the school year begins, we are excited to welcome back our Arrupe Jesuit High School interns through the school’s Corporate Work Study Program. We are grateful for the fresh perspectives and energy that Emmanuel' Manny' (senior), Diego (junior), David (sophomore), and Jonathan (freshman) bring to our office.

Awards & Publications

Innovest was named one of Colorado’s Top 20 Corporate Philanthropists by the Denver Business Journal! We are honored by this award that reflects our dedication to stewardship.

Throughout this quarter, several publications have featured the insights and perspectives of Innovest professionals. TEXPERS  published Principal Kyli Soto, AIF®, CPFA® and Manager Joanne Cinalli, CPFA®'s article "Embracing Fiduciary Responsibility for Retirement Plans with Selfless Commitment," Advisor Perspectives published Principal Peter Mustian, MBA's article, "Assessing Culture in the Evaluation of Investment Strategies," and Financial Advisor Magazine published Principal Sloan Smith, CAIA, CPWA® and Senior Analyst Natalie Miller, CFA's article "The Lack of Private Equity Distributions: A Current or More Permanent Dilemma?" In addition, Innovest's CEO, Richard Todd, and Vice President, Paul D'Alessandro, were featured on the Philanthropy Masterminds webcast to discuss "Why Your Nonprofit Should Care About the Stewardship of Donor Dollars."

Service

Innovest values stewardship and commitment to service within our workplace and community. Every quarter, we recognize employees who demonstrate dedication to service through the Service to Others Award. Denise Rice was the recipient in July, Cheryl Wilks in August, and Jean-Marie Willis in September for their remarkable commitment to serving others.

Innovest's giving spirit extends beyond our office walls as we actively volunteer in the community throughout the year. This quarter, our employees participated in various service activities, contributing to the betterment of our community. We joined the "Paint-a-thon" with Brothers Redevelopment, Inc., which provides affordable, safe, and accessible housing solutions for Colorado's low-income, elderly, and disabled residents. We also helped spruce up a local elementary school as part of the Denver Public Schools Foundation Back to School Bash 2024. Additionally, we took the time to send handwritten letters of encouragement for a successful school year to local Colorado UpLift students.

Conferences, Speaking, Events, & Sponsorships

Innovest was excited to be a Platinum Sponsor at the 2024 Colorado Public Plan Coalition (CPPC) Conference in Beaver Creek, Colorado, marking the conference's 33rd year. This conference educates governmental plan sponsors on employee benefits, exchanges best practices, and advocates for public plans in the Colorado legislature.

Innovest President and Co-Founder Wendy Dominguez participated in the panel discussion "Women and Wealth: Taking Control of Your Financial Future" in August, presented by the American Subcontractors Association of Colorado, Women of Construction. In addition, Principal and Director Steven Fraley gave an "Economic Update" at the Connecting Colorado Nonprofit Conference in September. Finally, Innovest President Wendy Dominguez spoke at the Diocesan Fiscal Management Conference in October on “Five Ways to Optimize Your Retirement Plan for Your Employees,” and Innovest CEO Richard Todd was on a panel at the 2024 Faith and Business Conference hosted by the Napa Institute in October as well.

We look forward to our continued growth at Innovest and appreciate your support along the way!

Previous
Previous

Electing to Stay Invested this November

Next
Next

The Lack of Private Equity Distributions: A Current or More Permanent Dilemma?