Faith-based ESG investing firm Inspire Investing was ranked the 3rd fastest growing Registered Investment Advisor (RIA) in the nation for the second consecutive year in FA Magazine's “Top 50 Fastest Growing Firms - 2021” annual report.
BOISE, ID / ACCESSWIRE / August 17, 2021 / Inspire Investing, a global leader in the biblically responsible investing (BRI) movement, ranked as the 3rd fastest growing firm in the nation, according to Financial Advisor Magazine's "RIA Survey and Ranking 2021" report. This marks the fifth consecutive year that Inspire has been recognized in the RIA Ranking of fastest growing firms, and the second year in a row coming in as the 3rd fastest growing firm.
Inspire grew total assets under management (AUM) by 107% during calendar year 2020, rising from $634 million at the outset to $1.3 billion in total AUM at year end. As of August 6th, 2021, Inspire's Discretionary Assets Under Management (AUM) has grown another 32% so far this year, bringing total assets managed to $1.73 billion in AUM.
"To see this growth during a year challenged by COVID-19, a volatile market, and a contentious presidential election is a testament to our incredible staff, financial advisors and passionate investors devoted to support biblical values," said Inspire CEO, Robert Netzly. "Every accolade like this continues to prove that biblically responsible investing can be a valuable investment approach. The Lord is doing big things in the financial industry."
FA Mag RIA Survey and Ranking Report
The Financial Advisor "Top 50 Fastest Growing Firms" ranking is compiled by an annual survey that ranks firms with more than $500 million in assets under management (AUM) based on percentage growth in assets from the previous calendar year. The "Top 50 Fastest Growing Firms" report is the premier industry ranking of independent RIA growth.
Financial Advisor Magazine is a major publication targeted to financial professionals that aims to deliver essential market information and strategies to help advisors better serve their clients and grow their firms.
About Inspire Investing
Inspire Investing is a leading provider of biblically responsible, faith-based ESG (environmental, social and governance)1 investments and creator of the globally recognized Inspire Impact Score™ which is used by investors around the world to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles.
Inspire is recognized in the 2020 Inc. 5000 list of America's fastest growing private companies and The Financial Times "Americas' Fastest Growing Companies 2021".
Inspire also donates 50% or more of their own corporate profits to support impactful ministry projects around the globe through its Give50 Program. Most recently Inspire adopted a village in the coffee farming mountains of Guatemala to completely transform the lives of the those living in that impoverished village. Thanks to investors, advisors and institutions using Inspire products, the village now has a church building, a clean water well, and improved education facilities. Up next on the list is a fully functional medical clinic, child sponsorships, and Bible distribution. To learn more about the Give50 program, please visit www.inspireinvesting.com/impact.
Visit www.inspireinvesting.com to learn more about Inspire's biblically responsible investment products and inspiring impact projects.
Media Contact:
Eric Smyth
Media Relations
(208) 994-0832
inspire@inspireinvesting.com
Investment advisory services offered through CWM Advisors, LLC dba Inspire, a Registered Investment Advisor with the SEC.
1 Environmental criteria considers how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company's leadership, executive pay, audits, internal controls, and shareholder rights.
SOURCE: Inspire Investing
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