When I started Beacon Wealth Consultants in 1997, I had never even heard of Biblically Responsible Investing. I had been in the wealth management industry for three-plus years and, although I had made a profession of faith as a teen, had only recently decided to become a committed Christ follower. Not long after that, I met two godly older men in our profession who both challenged me to consider the moral implications of what companies we invest in and profit from as believers.
I was shocked to learn that more than half of the companies in the S&P 500 are involved in the abortion industry, pornography and promoting anti-family lifestyles. That is something I had never before stopped to consider. Frankly, at that point, I did not have a real understanding of stock ownership and the true purpose of business. Nor did I know much of the Bible and certainly had no comprehension of God’s ownership of all things. In many ways, I was in a fog about investing!
Little did I know those early encounters in business would set me on a path of discovering what God’s word says about how we are to manage his money, which would ultimately become the foundation upon which we built this company. All of our advisors share a similar story.
Our view of Biblically Responsible Investing has grown from merely avoiding evil to proactively seeking out investments in exemplary companies who live out the Golden Rule in their business practices and endeavor to create blessing in the world. The more we learn about God’s word, the more we have come to understand investing as a sacramental act of worship. We are now on a mission to ignite a movement of Biblically Responsible Investing!
Over the years, we have received numerous inquiries from advisors desiring to learn how to incorporate BRI in their own practices. Some who want to be “all-in” decided to become wealth advisors of Beacon Wealth Consultants RIA. Others were looking for a turn-key portfolio solution that they could easily implement with their clients. With the encouragement of our mentors, we prayerfully launched the LightPoint Portfolios (which had been proprietary) platform for all independent advisors to utilize.
We believe that advisors are crucial to our vision of igniting a movement of BRI. That’s why we have developed a robust suite of high quality strategic allocation, innovative tactical allocation and qualified retirement plan strategies for easy, scalable implementation. Let us free you up to do what you do best – focus on building deeper relationships!
Rick Laymon, CEO