Wescott Financial Advisory Group

Certified B Corporation

Pennsylvania, United States

Certified Since

May 2020


Investment advising


Service with Minor Environmental Footprint

Operates In

United States

Wescott Financial Advisory Group is an independent, SEC-registered, fee-only investment advisory and wealth management firm, but at the heart of their firm is their proud mission of Achieving Client Goals. It’s a mission that has driven Founder and CEO, Grant Rawdin, and the Wescott Team for over 30 years. With this inspiration, coupled with the team’s passion, they have helped countless, high-net-worth individuals, families and institutions around the country meet their unique financial goals at all stages of their lives, during years of asset accumulation to times of transition to years of retirement. Wescott has infused forward-looking investment strategies with an unwavering focus on those investments that empower you to achieve your goals. Increasingly, those strategies and goals are taking on a global and impact-driven perspective. Today, Wescott is proud to carry its progressive investment approach forward through its commitment to sustainable environmental, social, and governance (ESG) issues. They provide industry-leading, customized ESG investment portfolios to help fulfill their clients’ ethical ideals and financial goals.

Overall B Impact Score

Based on the B Impact assessment, Wescott Financial Advisory Group earned an overall score of 99.9. The median score for ordinary businesses who complete the assessment is currently 50.9.
99.9 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 20.2

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement3.0
Ethics & Transparency7.1
+ Mission Locked10

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Workers 39.1

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security13.1
Health, Wellness, & Safety10.7
Career Development7.0
Engagement & Satisfaction8.2

Community 21.4

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion6.8
Economic Impact5.0
Civic Engagement & Giving7.0

Environment 5.7

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management1.6
Air & Climate0.9
Land & Life2.5

Customers 13.1

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship3.3
+ Portfolio Reporting3.7
+ Targeted for Investment0.5
+ Leadership & Outreach1.2
+ Investment Criteria1.6
+ Portfolio Management2.4

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Previous Overall B Impact Scores

2023 Overall B Impact Score99.9
2020 Overall B Impact Score100.7

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