Leading RIAs, Wealth Managers Launch 'Net Positive' Consortium

“As a founding member of the Net Positive Consortium, we feel confident that our involvement furthers our purpose, as well as allowing us to serve as a good steward of the wealth management industry’s commitment to giving back,” Corbett said.

Firms interested in joining the consortium must meet specific criteria, including completing the organization’s Net Positive Inventory Assessment, demonstrating effective initiatives in three areas within the five pillars, and committing to a path of continuous improvement.

Member firms also contribute to funding the resources and initiatives that support the mission. The annual fee for members depends on the size of the firm, ranging from $1,500 for firms with less than $250 million in assets under management to $5,000 annually for those with more than $2.5 billion in AUM.

Beyond advocating across the five pillars, the consortium will offer webinars, thought leadership content and video resources aimed at helping firms incorporate the net positive philosophy into their business strategies. These resources are designed to foster long-term growth and ensure that firms continue to elevate their impact over time.

Pictured: Suzanne Siracuse