Wetherby Asset Management

Certified B Corporation

California, United States

Certified Since

April 2016


Investment advising


Service with Minor Environmental Footprint

Operates In

United States

When Wetherby was founded in 1990, the concept of independent investment advice was considered a novel proposition. The firm's founder, Deb Wetherby, wanted to create a new model that rewarded objectivity and results and eschewed the product and sales-driven culture present in most firms at that time. She made the decision to separate fees from investment recommendations, a novel idea that became the industry standard. Wetherby has no internal products and prides itself on offering objective investment advice to clients. Growth of the firm has been centered on the founding values of independence, objectivity and exceptional client service. These tenets were especially crucial in Wetherby's early embrace of impact investing, enabling the firm to be flexible and respond to client demand for investments that could align their portfolio with their values. Wetherby is dedicated to ensuring these founding principles remain part of the firm's culture into the future thus our owners periodically offers key employees the opportunity to become owners of the business.

Overall B Impact Score

Based on the B Impact assessment, Wetherby Asset Management earned an overall score of 120.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
120.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 16.8

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 & Engagement2.0
Ethics & Transparency7.3
+ Mission Locked7.5

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 37.9

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 Security13.9
Health, Wellness, & Safety9.2
Career Development6.1
Engagement & Satisfaction7.3

Community 18.1

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, & Inclusion8.7
Economic Impact2.0
Civic Engagement & Giving5.9
Supply Chain Management0.0

Environment 11.2

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 Management6.5
Air & Climate1.5
Land & Life2.7

Customers 36.2

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 Stewardship1.4
+ Portfolio Reporting5.2
+ Targeted for Investment5.2
+ Leadership & Outreach4.4
+ Investment Criteria15.8
+ Portfolio Management4

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

2022 Overall B Impact Score120.4
2018 Overall B Impact Score124.3
2016 Overall B Impact Score101.4

Additional Documentation

Wetherby Asset Management 2022 Assessment

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