What if you could help the environment, help fight climate change, and make money on your investments at the same time? Our guest on the Lean to the Left podcast has launched a new investment company, Balanced Capital Investments, that lets you do just that, and it sounds like a real winner.
Corey Noyes loves to run and hike in his home state of Utah, and while he’s doing that, he’s often thinking up ways to build Balanced Capital and help his clients succeed.
Corey used to work for one of the large wealth management companies in the financial services industry, but he decided that, not only didn’t he want to wear a suit to work anymore, he also wanted to do better, both for his customers and the world in which we all live.
So Balanced Capital Investments was born and one of its main objectives is to offer clients the greenest, most environmentally friendly portfolios available. That’s an interesting concept: invest for future success while supporting companies that are working to make our world better.
Here are some questions addressed on the podcast:
Q. Can you tell us a little more about yourself and Balanced Capital?
Q. What’s the criteria for equities and funds to be included in your Green Series portfolios?
Q. How is that balanced with those companies’ performance to make sure they are a good investment for your clients?
Q. Are companies involved in the production and distribution of fossil fuels included in the Green Series portfolios?
Q. If not, why not?
Q. Can a client sign up for your green investment program, but also invest in a fossil fuel company if they feel it would be a good financial opportunity?
Q. Your website says investments in Green Series portfolios place a high emphasis on companies that make efforts to use renewable energy. What does that mean?
Q. You have a chart on your website Us vs Them, showing Carbon Emissions, number of fossil fuel companies, and a 2049 carbon neutral target year. Can you please explain what this means?
Q. By bringing green investing to more people, how will that actually improve the environment? Do you think it will change the way companies behave?
Q. When did you launch Balanced Capital? How is it going? Looks like you had a little over $13 million in discretionary assets under management as of January.
Q. How much of that is in the Green Series?
Q. You also have a tax prep company and an insurance company. Where do you find time to do all of that? What kind of team do you have at Balanced Capital?
Q. What’s the plan for the future?
Listen to the podcast: