Frequently Asked Questions
Which companies does PAM consider to be socially responsible?
Does PAM have an SRI mutual fund?
Am I REQUIRED to use social screening in my portfolio construction?
Will I have the same kind of service and flexibility with PAM as I would with one of the bigger investment firms?
Will I be able to access my accounts electronically?
Is there an account minimum?
What does it cost to work with an investment consultant in the PAM Network?
How do I open an account?
Can I transfer my existing IRA account to a socially responsible IRA managed by PAM?
Which companies does PAM consider to be socially responsible?
Because we believe that you, as a client, should determine what "socially responsible" means for you, PAM does not maintain a list of socially responsible companies. You can download our social questionnaire (link to .pdf download) to learn of the various social screens that can be applied to your portfolio. Unlike SRI mutual funds (that have defined social criteria and do publish a list of their holdings), PAM can create a one-of -a-kind investment portfolio for you.
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Does PAM have an SRI mutual fund?
No, PAM does not have an SRI.mutual fund, which we think is a benefit to you. Without the need to market an internal investment product, we can offer a wide choice of socially responsible and more traditional mutual funds that address both your investment needs and your social concerns.
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Am I REQUIRED to use social screening in my portfolio construction?
Of course not. Whether you choose to use social factors (and to what degree) in your investment decision-making is entirely up to you. Of course, PAM believes that looking at a company's social and environmental record can improve the financial performance of your investments, so we certainly encourage you to consider social screening.
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Will I have the same kind of service and flexibility with the PAM Network as I would with one of the bigger investment firms?
Yes, you will. In fact, not only will you have access to a comprehensive selection of investment tools like stocks, bonds, and mutual funds, you will also have access to the kind of attention to your own ethics and values that a big firm just can't offer. We do our equity investment business through a firm that is owned by Fidelity. That means you can trade anything that they offer. In addition, we have relationships with Charles Schwab, as well as the capability to do direct business with a wide range of opportunities. All of this, and the capability to service your SRI needs as well.
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Will I be able to access my accounts electronically?
We have the capability to set up your investment accounts so that you can access them online. The service is available for accounts that meet certain criteria, so you will have to discuss your particular needs with your PAM Network investment consultant.
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Is there an account minimum?
No, there is no account minimum to work with a PAM Network member. Some of our services require a minimum account size so ask your PAM Network investment consultant what will work best for you. In addition, some PAM Network members provide financial services outside of establishing a specific account, like financial planning and college savings counseling.
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What does it cost to work with an investment consultant in the PAM Network?
We don't have a set rate or fee to work with us. Each PAM Network adviser has their own freedom to determine how they work with you so that you both will be satisfied.
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How do I open an account?
Just fill out our questionnaire online (link to How to become an SRI Investor page) and submit it to us electronically or give us a call at our toll-free number. We will set up an appointment for you with one of our Network members so that you can decide what sort of tools and services you need.
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Can I transfer my existing IRA account to a socially responsible IRA managed by PAM?
Yes, and the procedure is fairly straightforward. Contact us directly or fill out the online questionnaire and we'll immediately begin the transfer process.
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Progressive Asset Management (PAM) is the
socially responsible division of Financial West Group (FWG).
Securities offered
through Registered Representatives of Financial West Group, Member
FINRA, SIPC
FWG is responsible for
supervision and oversight of the registered representatives listed on this site.
Progressive Asset Management 1904 Franklin Street, Suite 903 Oakland, CA 94612
(510) 622-0202
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