Jim Ryan and Courtney Moore have built a booming institutional advisory practice within Merrill Lynch, largely serving faith-based, Catholic organizations along with longtime healthcare clients and a few family offices.
The practice now has more than $8 billion under management. It offers what Ryan calls “consistent investing,” which allows secular organizations to be socially responsible, and faith-based organizations to avoid investing their capital in ways that contravene their faith. This requires additional work by advisors…
