The socially responsible investing movement has been picking up steam in recent years as investors have sought to invest in companies whose values mirror their own. In line with that there are also a number of faith-based mutual funds which attempt to line up investments and religious doctrine. Now BridgePortfolio and IW Financial have announced the launch of the industry’s first biblically responsible investing (BRI) managed account platform.
The BRI Manager Marketplace is designed to combine access to leading BRI asset managers and investment analysis with an open architecture technology platform that includes performance reporting, account opening and prospecting tools, model portfolio maintenance, Web site hosting and trading.
The announcement on the platform launch noted that Kingdom Advisors (formerly the Christian Financial Professionals Network) has sought the BRI Manager Marketplace for use by the more than 1200 members of its advisor network.
BridgePortfolio is a managed accounts platform provider based in Chicago and IW Financial is a developer of environmental, social, and governance research, consulting and portfolio management solutions for the financial services industry, and based in Portland, Maine.