From Wall Street to SRI: Former Goldman Sachs Executive Invests in the Triple Bottom Line
by Julie Fahnestock
When the bottom fell out of the economy in 2008 and Scott Sadler found himself without a job, he seized the opportunity to make a shift in his career; a change he would not have considered previously. Sadler had developed a solid career in finance and had worked at the VP level with Wachovia Bank and more recently, with Goldman Sachs. But when Goldman Sachs laid off two-thirds of their staff in Atlanta, Sadler’s wife encouraged him to consider starting a social impact investing firm.
“My wife said, “Let’s do something we’d be proud of.” I told her, “if you mean social impact investing, well, that’s voodoo,” laughs Sadler.
Today, Sadler is the President and Chief Investment Officer of Boardwalk Capital Management, an independent Registered Investment Advisory Firm specializing in sustainable and responsible investing. They are also a Certified Benefit Corporation and leading the way in the SRI movement in Atlanta. Sadler changed his mind about social impact investing after he did a bit of research and found that there are solid returns in ESG (environmental, social and governance) portfolios.
Julie is passionate about telling the story of where business meets good. She is the Founder of B Storytelling, a content development company specifically designed to help popularize the good happening through business. They do this by helping Benefit Corporations and other social enterprises identify, build and leverage their brands. Julie has an MBA in Managing for Sustainability from Marlboro Graduate School. She lives in West Palm Beach, Florida with her husband, Thomas.