Certification recognizes Wescott’s unwavering commitment to all stakeholders, including team members, clients and communities
PHILADELPHIA, August 14, 2020 – Wescott Financial Advisory Group has been named a Certified B Corporation by the nonprofit B Lab. The B Corp Certification recognizes businesses that incorporate all of their stakeholders, including workers, customers, suppliers, communities and the environment, into their day-to-day operations and corporate governance. With its certification, Wescott joins a global community of business leaders committed to social and environmental excellence, transparency and accountability.
“For over 30 years, Wescott has strived to leave a lasting, positive impact on our clients, communities and team members and receiving the B Corp Certification is a testament to that pursuit,” said Grant Rawdin, CEO and Founder of Wescott Financial Advisory Group. “I am proud to lead an organization with such an unwavering commitment to being a force for good in this world.”
To be named a Certified B Corporation, businesses are asked to demonstrate how their daily operations, guiding philosophies and corporate values affect five impact areas: Governance, Workers, Community, Environment and Customers. A minimum score of 80 points is required for consideration, with Wescott achieving an Overall B Impact Score of 100.7 points. The firm earned especially high marks for creating a caring and supportive environment for its team members, clients and communities. Being a force for good is woven deeply into the fabric of Wescott’s organization. Whether it’s supporting team members’ community involvement with the firm’s Volunteer Time Off program, assisting clients with their philanthropic giving and impact (ESG) investing, to the team’s tireless involvement with laudable community non-profits like Urban Affairs Coalition (UAC), Wescott’s dedication remains unwavering.
“Wescott’s culture and camaraderie makes it a great place to work, and this passion for cultivating and sustaining strong, positive relationships has a direct impact on all of our stakeholders,” said Carrie Delgott, Chief Operating Officer and Chief Compliance Officer at Wescott Financial Advisory Group. “Our team’s devotion to clients and communities is illustrated every day, especially during these times of uncertainty. Our team has become even more steadfast in its pursuit to make sure our clients’ personal and financial goals remain protected, to say nothing of their personal endeavors of giving back to the most vulnerable in their communities. It is because of them that we earned the B Corp Certification.”
Wescott joins a network of nearly 3,400 Certified B Corporations globally that are tasked with addressing contemporary social and environmental challenges, such as inequality, poverty and job development. This honor is an inspiration to Wescott to continue to deliver a sustainable, impact-driven advisory model that supports clients in their achievement of financial goals and to remain resolute in its investment in community involvement.
About Wescott Financial Advisory Group LLC
Wescott Financial Advisory Group has a 33-year track record as one of the top wealth management firms in the nation. Wescott is Barron’s #1 Top Advisor in Pennsylvania (2020), the firm’s seventh year in a row in the top three, and one of Barron’s Top 30 Independent Financial Advisory firms in the U.S. (2019). Also in 2019, the firm was inducted into Barron’s Hall of Fame, a recognition given to those who have appeared on their Top 100 Advisor lists for ten, or more, consecutive years. Wescott’s team of experts hold some of the industry’s top designations, including certified financial planners, CPAs, CFAs, MBAs, JDs, and Ph.D.s, and have substantive backgrounds in investments, financial planning, law, family counseling, staff psychology and taxation. Along with Wescott’s unique Life-Minded Wealth® approach, this expertise helps our team develop strategic plans for clients’ wealth, focusing on the financial and emotional needs in the decision-making process. Founded in 1987, Wescott has offices in Philadelphia, Fort Washington and Miami. For more information, visit wescott.com and follow them on LinkedIn and Facebook.
About B Lab
B Lab is a nonprofit that serves a global movement of people using business as a force for good. B Lab’s initiatives include B Corp Certification, administration of the B Impact Management programs and software, and advocacy for governance structures like the benefit corporation. B Lab’s vision is of an inclusive and sustainable economy that creates a shared prosperity for all. To date, there are over 3,000 Certified B Corps in 150 industries and 70 countries, and over 70,000 companies use the B Impact Assessment. Visit bcorporation.net for more information.
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Contact:
Katelyn Friel
Wescott Financial Advisory Group LLC
kfriel@wescott.com
215-979-1660
