NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Veris Wealth Partners, a B Corp certified impact wealth management firm, announced today that Chief Operating Officer Stephanie Cohn Rupp has been promoted to CEO. Cohn Rupp’s appointment to the CEO position demonstrates the firm’s ongoing commitment to talent development and its 100% focus on impact investing.
Cohn Rupp brings to the role of CEO of Veris over 20 years of impact investing experience in the US, Europe and Frontier Markets, including serving as Head of Impact Investing at Tiedemann Advisors and as the CEO of Toniic, a global network of impact investors. Recently, she joined the board of US SIF: The Forum for Sustainable and Responsible Investment.
“I’m thrilled to be furthering my role at Veris,” said Cohn Rupp. “After working closely with Patricia to ensure a smooth transition, I’m excited to apply my experience to the CEO role as I work with our experienced team to ensure Veris remains at the leading edge of the impact investing movement.”
Founding Partner Patricia Farrar-Rivas will remain with Veris as Chair of the firm’s Partner Group and Senior Wealth Manager after successfully running the company for 13 years as CEO.
“Since starting Veris Wealth Partners in 2007, my co-founders and partner group and I have always sought out talented leaders like Stephanie for roles across the firm,” said Farrar-Rivas. “Stephanie brings with her impressive impact investing experience, deep knowledge of the field, a vision for what we can achieve and skills that will enable our firm to take a continued leading role in helping the impact investing industry achieve its full potential.”
Cohn Rupp shares the firm’s commitment to continued independence and ensuring the authenticity of impact. The Partners’ decision to promote Cohn Rupp to the CEO role signals Veris’s dedication to remaining an independent wealth management firm during a time of consolidation across the industry.
The firm’s approach has always been based on building customized, well-diversified portfolios that focus on creating social and environmental impact in specific thematic areas. One of Cohn Rupp’s first acts as CEO is to announce the firm’s newly updated investment themes, which she and the firm’s Partner Group refined to meet the challenges of today with a goal of achieving sustainable, long-term positive impact:
- Climate Solutions and the Environment
- Sustainable and Regenerative Agriculture
- Racial and Gender Equity
- Community Wealth Building.
“We are seeking to invest in innovative opportunities and in best in class managers associated with these themes in public and private markets and across all asset classes,” Cohn Rupp said. “We will do so in an intentional way that will help us track our impact as we work towards achieving our mission to create an equitable, just and sustainable world.”
About Veris Wealth Partners
Veris Wealth Partners, LLC is one of the nation’s leading impact wealth management firms. The Veris team believes that investment performance and positive impact are complementary parts of a holistic investment strategy. A Certified B Corp, Veris Wealth Partners has been named a “Best for the World” company by B Lab every year since 2013. Veris has offices in San Francisco, New York, Portsmouth, and Boulder. For information, call 415.814.0580, or visit www.veriswp.com.
