Pekin Hardy Strauss Wealth Management

Certified B Corporation
Headquarters

Illinois, United States

Certified Since

April 2015

Industry

Investment advising

Sector

Service with Minor Environmental Footprint

Operates In

United States

Based in Chicago, Pekin Hardy Strauss Wealth Management has been helping its clients ensure that their investment portfolios support their goals and values for nearly three decades. They offer wealth management and investment management services to high net worth individuals, registered investment advisors, family offices, foundations, endowments, corporate retirement plans, and investment consultants. As a steward of their clients’ investments, they work closely with clients to develop customized financial plans and investment portfolios that reflect not only their clients’ needs and goals, but also their social and environmental values. Their team employs a Warren Buffet-style value investing approach to make disciplined, contrarian investment decisions with the goal of generating market-beating returns over the long term. Through Appleseed Capital, they, implement institutional ESG strategies. Pekin Hardy Strauss is employee-owned and acts as a fiduciary. Investors always come first. They are committed to conducting business with the highest level of integrity. Their team combines decades of experience to deliver a highly personalized level of service to our clients and helps them invest in a way that reflects their financial needs, their life goals, and their values.

Overall B Impact Score

Based on the B Impact assessment, Pekin Hardy Strauss Wealth Management earned an overall score of 96.6. The median score for ordinary businesses who complete the assessment is currently 50.9.
96.6
96.6 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 12.8

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 & Engagement0.6
Ethics & Transparency2.1
+ Mission Locked10

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 35.3

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 Security15.7
Health, Wellness, & Safety8.0
Career Development3.4
Engagement & Satisfaction4.9

Community 10.0

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, & Inclusion3.7
Economic Impact3.6
Civic Engagement & Giving1.7
Supply Chain Management0.3

Environment 6.1

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 Management2.6
Air & Climate2.2
Water0.0
Land & Life1.2

Customers 32.2

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 Stewardship0.8
+ Portfolio Reporting4.5
+ Targeted for Investment8.7
+ Leadership & Outreach1.6
+ Investment Criteria13.2
+ Portfolio Management3.3

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

2024 Overall B Impact Score96.6
2021 Overall B Impact Score94.1
2017 Overall B Impact Score106.1
2015 Overall B Impact Score88.5

B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2024 B Lab. All rights reserved.