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Faith-based investing, sometimes referred to as biblically responsible investing, is a practice of allocating investment assets in a way that honors God and follows the principles of the Bible. Optimally, this includes avoidance of stocks or bonds of publicly traded companies that are associated with an activity that is considered unethical or immoral. Some examples of business practices we seek to avoid are those that are harmful to people (human trafficking, pornography, gambling, tobacco, abusive labor practices, abortion) or that promote values that are not biblical or that contradict family values.
In many cases, faith-based investing practitioners also seek out the stocks of companies that promote biblical and family-friendly values or that promote human flourishing. This could include clean energy or technology, healthcare firms, home ownership opportunities, among others. At LightPoint® Portfolio Solutions, we call these businesses “Shining Light Companies.”
Beacon Wealth Consultants is organized as a fee-only Registered Investment Adviser. We are only paid for the services we provide to you. We believe that is the best way to serve our clients.
Because different clients have different financial planning and investing needs, we have several ways fees are paid depending on the scope and complexity of the situation and the services rendered.
No. The first meeting is a complimentary “get to know you” consultation.
Yes, we have advisors located in several states for in-person meetings but can work with clients in any state remotely.
Yes, Beacon Wealth Consultants is an Investment Advisor registered with the U.S. Securities and Exchange Commission. As such we are bound by the fiduciary standard as we serve clients in their best interests.
Beacon Wealth Consultants was founded in 1997, serving clients for over 25 years with faith-based financial planning and investing.