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.
Sustainable, Responsible, Impact (SRI) investment strategies have a long history, stretching back at least to the Biblical and Quranic injunctions against financial exploitation. The modern American SRI investment industry took shape in the 1970s: with the anti-war movement early in the decade, the anti-nuclear movement after Three Mile Island, and the anti-apartheid movement, the power of investors to advocate for social justice and environmental sustainability became clear.
Our firm was founded in the fall of 1987, when Richard Barr formed an investment advisory practice with an SRI focus. To center his business on SRI strategies was an unusual idea for the time, and surviving the Crash of ’87 was no small feat. With the resources provided by his strategic partners at First Affirmative Financial Network and Cambridge Investment Research, Richard built a thriving business here in Santa Fe. In 1998, he hired Kim as an office assistant — and recognizing her gifts, particularly as she helped manage the business through the dot-com downturn of 2000-01, Richard quickly gave her more responsibility, ultimately transferring the business to her and retiring in 2007.
Kim rebranded the business as Horizons Sustainable Financial Services, helping clients through the “Great Recession” of 2008-09 and continuing to grow the business. In early 2013, Kim brought Johann into the leadership team, and together they took Horizons in a new direction. As a completely independent Registered Investment Advisory firm, Horizons is even better able to serve our clients, and other advisors, with financial planning and investment advice that remains focused on key issues in environmental sustainability and social justice — helping make the world a better place, one investment at a time.
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, having completed 6 Half Marathons with the goal of completing a 26.2 in the near future. She shares her five-acre rural spread near Santa Fe with her wife Rose, four dogs, two cats and 11 laying hens.
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.