Page 492 - DCAC Feb 2026 Files

Winter 2026
Visit www.innovestinc.com

Innovest’s Quarterly Newsletter

Innovest’s Latest Updates and Articles from Thought Leaders in the Firm

Innovest Turns 30 in 2026 In This Issue

Innovest Turns 30 in 2026
2025 Employee and Client Survey Results
Richard Todd
CEO, Principal, and Co-Founder A Fiduciary’s Guide to CITs: Common Misconceptions
Nonprofit Spotlight: WomenFirst Health and Wellness
The summer of ’96 marked the beginning of the journey of a lifetime for Wendy Dominguez An Anatomy of the U.S. Fixed Income Market
and me as we left the Wall Street world and founded Innovest as an independent, fee-
only fiduciary investment consulting firm. Five of us loaded a Ryder truck with used office Employee Spotlight: Sarah Newman
furniture – Wendy drove the truck – and started Innovest with a mix of confidence and Around the Firm
trepidation. The truck might as well have been a covered wagon, since independent, fee- New Clients
only investment firms were extremely rare back then.
Cross Catholic Outreach
Wall Street conflicts of interest were the catalyst for our entrepreneurial venture. To this The Denver Foundation
day, bank solutions are still mixed with conflicts of interest: undisclosed compensation, Kilgore Rangerettes Forever Foundation
proprietary products, misaligned incentives, and questionable lending practices. The Saving Moses
culture is not client-centered; it is sales-oriented. Some may call themselves “fiduciaries” South Metro Fire Rescue
because the fiduciary rule has been watered down, but it’s absurd to claim that title while
taking responsibility for only part of an investor’s portfolio. It is not known whether the listed clients approve or disapprove of the
services provided. The new clients on page one are listed with their
Fast forward 30 years, and our five employees have grown to more than 60. Wendy, Bill approval and permission.
Fender, and Steve Karsh are still putting up with me, thank goodness! Our approximately 25
original clients have grown to over 400, with many of our initial clients still with us today.
Growth remains important to us, but we promise our clients that they will benefit from it.
We get stronger every year as both our life and market experience make us better and yet
humbler about our success. Our team and resources are better than ever, and we challenge
ourselves to add even more value to our clients. Growth is also especially important for our
Continued on Page 2
PB | WINTER 2026 WINTER 2026 | 1