Principal, Prudential Financial, Thriven Financial, TIAA and Voya Financial were among the 135 companies listd as the Most Ethical Companies in the world by Ethisphere. The American financial services firms were the only ones to make the list among 23 countries surveyed. To be honored, companies are recognized for their role in influencing and driving positive change in the business community and society. In addition, Ethisphere found that the stock prices of companies on the list outperformed the large cap sector over five years by 10.72 percent and over three years by 4.88 percent, which Ethisphere calls the Ethic Premium. Other U.S. companies in other industries on the list include: Aflac, Allstate, Canon, CBRE, Dell, GE, Kellogg’s LinkedIn, MassMutual, Pacific Life, Salesforce, Starbucks, USAA, Visa and Xerox.
Merrill Edge has updated its online client portal to allow investors to score their holdings based on MSCI ESG Ratings, or environmental, social and governance factors. The new platform also streamlines portfolio analysis and performance review, allowing users to monitor their performance, compare their performance to that of the broader market, learn how to build balanced portfolios and have a clear view into overlapping holdings. Users can also see what professional analysts are saying about their investments.
Kestra Financial said Monday it has partnered with eMoney Advisor on its new integrated client portal. Self-registration and onboarding, mobile web access, account aggregation and organization, and unlimited secure document storage are some of the features of the new portal, along with eMoney’s wealth management technology. All advisors affiliated with Kestra Financial will be offered direct access to trading and account level details. eMoney is used by more than 50,000 financial professionals and 2.1 million end-clients nationwide.