The concept of SRI originated in the 1980s, a time when sound investments were considered by most people to be diametrically opposed to the idea of social and environmental responsibility. When SRI investment funds first emerged, they were perceived, somewhat erroneously, as only marginally effective and something of a luxury in the world of cutthroat financial practices.
SRI has come a long way in the past couple of decades, and Horizons Sustainable Financial Services, led by Kimberly Kiel, sits at the forefront of the evolving movement toward values-driven investment. Horizons’ origins date back to 1988, when the groundbreaking First Affirmative Financial Network was formed to serve the needs of investors interested in pursuing sustainable environmental, social, and governance principles. Renowned investment guru Richard Barr, an Accredited Investment Fiduciary (AIF) living in Santa Fe, became First Affirmative’s first out-of-state representative, and he went on to make a name for himself as one of the leading SRI proponents to successfully spread the word about effecting positive social change and promoting sustainable values through targeted investment practices. In 2007 he sold his investment business to his partner, Kimberly Kiel.
The firm now does business as Horizons Sustainable Financial Services, which Kiel formed to provide financial services through First Affirmative as well as Cambridge Investment Research. Horizons supports and promotes the firm’s core commitment to building a sustainable, socially just world through sound investment practices.
Kim Griego Kiel
Kimberly Griego-Kiel, MBA is an Accredited Investment Fiduciary™ (AIF) who is committed to helping investors achieve financial success while simultaneously pursuing positive environmental, social, and economic change consistent with their values. She brings a socially engaged, people-oriented perspective to her work in the investment world.
Kim launched her career in finance in 1998, working in the Santa Fe office of First Affirmative Financial Network, where she was mentored by strong leaders in the SRI Field. In 2007, she founded Horizons Sustainable Financial Services. Now a leader in SRI herself, Kim mentors co-workers and employees who are equally committed to the values and goals of SRI.
Originally from Oregon, Kim holds a B.A. from the College of Santa Fe and an MBA in Sustainable Business from Marylhurst University in Portland. She says her graduate studies broadened her understanding of how sustainability can encompass business and government policy. “This knowledge will help me enhance the opportunities for Horizons and our clients to participate in shareholder advocacy,” she says. “So we can help clients with shares in oil companies, for example, to advocate for institutional policy changes on fracking and other environmental issues. Together, we can make a difference in the process.”
In her personal life, Kim embodies the same values that drive her professional passions. She has served on the boards of Earth Works Institute and PFLAG, on the governing council of Tierra Encantada Charter School, served as President of Santa Fe Green Chamber of Commerce and was appointed by the Mayor in 2017 to the city’s Sustainability Commission. She’s the mother of two grown sons and is an avid organic gardener and distance runner hoping to complete her first full marathon in Chicago in October 2019. She shares her five-acre rural spread near Santa Fe with her wife Rose, four dogs, and two cats.
Johann A. Klaassen
Johann A. Klaassen, PhD, is Executive Vice President and Chief Investment Officer for Horizons Sustainable Financial Services, where he develops asset allocation strategies and oversees investment policy for Horizons’ individual and institutional clients. As a passionate advocate for SRI, a skilled navigator of its intricacies, and an enthusiastic early adopter of just about every new communication tool and technology, Johann is informed, informative, and far more accessible than his many commitments might imply. He directly serves clients across the nation, tending to specialize in serving unusual and special circumstances or needs.
Johann is a Certified Financial Planner™. He was among the first in the nation to embrace the now-standard certification of Accredited Investment Fiduciary™ and holds the 70th such accreditation ever issued. He holds a B.A. from St. John’s College, Annapolis/Santa Fe, and Masters and PhD degrees from the Philosophy Department of Washington University, St. Louis, where he specialized in Ethics and Social Philosophy. He served on the faculties of Washington University, Webster University, Millikin University, the University of Colorado at Colorado Springs, the University of Central Arkansas, and the University of Idaho. He has published and lectured on many topics, including areas of environmental ethics, business ethics, and social bias in finance.
He got his start in the securities industry in the fall of 2000 at T. Rowe Price. In mid-2001, Johann joined the team at First Affirmative Financial Network, rising to Vice President of Investments Services. He was primarily responsible for First Affirmative’s managed account programs, and supported First Affirmative’s nationwide network of investment advisors.
Johann spent his youth in Western Washington, Hawaii, and Japan. He enjoys baseball, chess, and outdoor activities across the Rocky Mountains. He continues to write and publish, for both academic and popular press outlets. He is a frequent guest lecturer in philosophy departments and business schools, and at business and social justice conferences.