Brand Stories

Arnerich Massena Publishes White Paper: “Women in Investing: Why balanced gender representation on your advisory team helps lead to success”

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in endowment & foundation, private wealth management, retirement plan consulting services, and impact investing strategies, announces the publication of a new white paper: Women in Investing: Why balanced gender representation on your advisory team helps lead to success. While other industries are beginning to see a greater balance between men and women, the financial services industry continues to be heavily male dominated. This paper discusses why the investment industry would benefit from including more female financial professionals and how to foster that change.
 
“Arnerich Massena is unique in that the firm has had an equal or near-equal gender balance among its leadership and advisory team throughout the company’s history,” notes Terri Schwartz, contributor to the paper, firm principal, and managing director of institutional services. “We think this balance has improved our strategic thinking and our ability to connect and communicate with our clients, and want to share our experience. There is research that supports the idea that bringing both male and female perspectives to the table can contribute to long-term outcomes.”
 
“We need different perspectives, which ultimately help foster collaboration and better long-term results,” adds Reegan Rae, contributor, principal, and managing director of Wealth Management. “The most effective teams don’t all look the same or think the same. We maintain the gender balance of our advisory teams because we are convicted that it presents a material advantage for our clients, and we’re pleased to do our part to foster this change across the financial services industry, ultimately benefiting all people who are seeking investment advice and assistance.”
 
The white paper takes a deeper look at how significant the gender disparity is in the investment industry and some of the reasons the imbalance has remained so pronounced. The discussion then focuses on why we need women in the financial services profession and what the industry can do to help promote this. The paper is intended to provide real solutions that will be of long-term benefit to financial services firms, their clients, and the industry itself.
 
Arnerich Massena is 100% employee-owned, with 52% owned by women; the firm was listed among the top 20 largest women-owned firms by The Portland Business Journal in 2018. The company’s executive leadership team is evenly divided between men and women. The firm’s overall investment advisory team is 45% female, with the wealth management advisory team comprised of 50% women.
 
A downloadable version of Women in Investing: Why balanced gender representation on your advisory team helps lead to success is available at http://arnerichmassena.com/Research-Resources/.
 
 
About Arnerich Massena - Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing endowments, foundations, charitable organizations, private clients, trust and estates, and corporate pension and profit sharing plans. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fisheries, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

Geffen Mesher Celebrates Women's Leadership

Geffen Mesher, a Portland-based accounting firm, has big plans for its International Women’s Day (IWD) celebration on March 8, 2019. The day itself is a focal point for women’s rights around the world. Driven by the firm’s Women’s Leadership Initiative (WLI), Geffen Mesher will use the celebration to build awareness on gender-specific challenges and issues — especially within the context of a male-dominated industry like accounting.

Dorene Petersen, Founder and President American College of Healthcare Sciences Nominee 2019 Phenomenal Women’s Award

Dorene Petersen, Founder and President of the American College of Healthcare Sciences, (ACHS) will be honored as one of eight nominees selected by the Oregon Women’s Health Network for the 2019 Phenomenal Women’s Award, at the 2nd Annual International Women’s Day Celebration, on March 8, 2019, from 6:00 to 9:00 p.m., at Laguanita’s Community Room, located at 237 NE Broadway St #300, Portland, OR.  For more information: https://www.oregonwomenshealthnetwork.com/events/2ndannualinternationalwomensdaycelebration

Arnerich Massena Becomes a Signatory of the United Nations-Supported Principles for Responsible Investment

Portland-based investment firm Arnerich Massena, an independent investment advisory firm specializing in endowment & foundation, private wealth management, retirement plan consulting services, and impact investing strategies, announces that the firm has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI), a public demonstration of the firm’s commitment to responsible investment.

Geffen Mesher Celebrates Women's Leadership

PORTLAND, OR – February 21, 2019: Geffen Mesher, a Portland-based accounting firm, has big plans for its International Women’s Day (IWD) celebration on March 8, 2019. The day itself is a focal point for women’s rights around the world. Driven by the firm’s Women’s Leadership Initiative (WLI), Geffen Mesher will use the celebration to build awareness on gender-specific challenges and issues — especially within the context of a male-dominated industry like accounting.

“Just seven years ago, we had over 60% of our staff who were women, and none who were Shareholders,” explained Melissa Carlgren, a Tax Shareholder at the firm and the WLI’s first female Chair. “It was a sobering reality that truly motivated us to take action because a lack of female representation is a detriment to us all.”

In 2013, less than 20% of the nation’s CPA firm partners and principals were female. As a result, Geffen Mesher formulated its WLI in an effort to address gender inequity, especially among the firm’s leadership. The WLI has been championed by many within the firm, including Carlgren.

In the six years since its establishment, Geffen Mesher’s WLI has implemented many initiatives including a leadership development program and a semi-annual women’s leadership event. Additionally, the WLI has spearheaded firm benefits programs such as customized work arrangements, a parental leave policy, and a working moms group.

“The Working Moms group was borne out of a need to support working parents and the gender-specific challenges that they face,” added Carlgren, who founded the group. “Creating this support network is one of the most important things I’ve done in my career.”

The Working Moms group creates a much-needed forum where working parents can share ideas, brainstorm best practices, and find emotional support in their bifurcated roles of parents and professionals.

Now, in the midst of the #MeToo era, the firm has doubled down on its valuable work. In January 2019, Carlgren transitioned her leadership to Emily Bradford, an Audit Senior Manager at the firm.

“Our mission for the WLI is to foster a work environment that not only recognizes gender-specific challenges, but confronts them head-on and helps overcome them,” Bradford said. “Part of that responsibility means addressing uncomfortable issues such as everyday sexism or the increasing cost of childcare. We can do better, and we have to enlist the help of our male allies to get there.”

Geffen Mesher is aptly poised as an industry leader to generate widespread positive change, having served the Portland community for more than 85 years as its premier CPA firm.

“The WLI elevates our standard of excellence, whether it’s our hiring practices or client service,” said Mike Rompa, the firm’s Managing Shareholder. “Our renowned client relationships are rooted in our customized service and solutions. Our team members’ diversity plays a significant role in our ability to provide those customized services, which are important not only to our clients, but also to our team’s personal and professional growth. The WLI’s work has proven invaluable and I am very proud of the awareness and success that they have brought to the firm.”

Today, the firm boasts 137 employees, with over 100 professionals on dedicated tax and audit teams. With a powerful local presence, Geffen Mesher is also an independent member firm of the DFK International organization, which provides access to more than 220 member firms in 92 countries and every region of the United States.

The International Women’s Day celebration on March 8 is one of many upcoming events hosted by Geffen Mesher’s WLI. The momentum around IWD bolsters the WLI’s mission to combat workplace sexism and gender bias, even if that means broaching uncomfortable topics.

“At the end of the day, we’re only as strong as our best efforts,” says Bradford. “And we are confident in our ability to erode the systemic issues that so many women face each and every day.”

About Geffen Mesher: Geffen Mesher, a Portland-based accounting firm, focuses on providing ongoing financial strategy, accounting, and CPA services for businesses and high-net-worth individuals. We serve many industries and create solutions that help our diverse clientele plan and build their financial pictures wisely.

For more than 85 years, our focus has taken us beyond the numbers and into the lives, plans, and strategic goals of our clients. In providing professional tax, financial and business consulting, and reporting, we have successfully guided our clients through booms and busts, recessions and recoveries, with an approach and model built around the commitment of our people, decades of experience, and expertise across a wide range of industries.

American College of Healthcare Sciences recognized as one of the 2019 Top 100 Best Companies to Work For in Oregon by Oregon Business Magazine.

American College of Healthcare Sciences (ACHS), an accredited, online integrative health college based in Portland, Oregon has been recognized as one of the 2019 Top 100 Best Companies to Work For in Oregon by Oregon Business Magazine. This marks the third year ACHS has been honored with this distinction. Final rankings will be announced on February 28, 2019, at the Oregon Convention Center in Portland, Oregon (https://www.oregonbusiness.com/100best/companies).

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