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Swell Launches Impact Investing for FAs, Partners with Folio

By Alex Padalka June 26, 2018

Impact investing platform Swell has rolled out a platform aimed at financial advisors and partnered with Folio Institutional, according to a press release from Swell.

“Swell for Advisors” gives advisors access to several of Swell’s portfolios as well as online resources on impact investing, the company says.

Swell’s portfolios are made up of high-impact companies that meet all of the United Nations’ sustainability goals, and through Swell’s separate managed account structure, certain companies can be excluded if the client so desires, according to the press release. Swell also claims to use tax-intelligent lot ordering to limit tax liability in the course of rebalancing.

Meanwhile, the partnership with Folio means clients of Folio’s more than 450 member-firms now also have access to Swell’s portfolios, according to the press release. Advisors on the Folio Institutional platform get access to Swell’s portfolios through the marketplace Model Manager Exchange, which in turn gives them access to “hundreds” of stock, mutual fund and ETF models from third-party managers, Swell says.

“Our mission at Swell is to ensure every dollar invested has a positive impact on the world. Offering Swell to advisors through Folio’s platform greatly expands access to impact investing,” Dave Fanger, CEO and founder of Swell, says in the press release. “This partnership with Folio Institutional is just the beginning. We’re looking forward to continuing our work with the advisor community as investors across generations demand transparent, ethical investing options that don’t sacrifice returns.”