Lloyd Kurtz has been named to Montecito Bank & Trust’s (MB&T) Wealth Management Group team as senior portfolio manager.
Kurtz is a seasoned professional and nationally recognized leader in social impact/ESG investing, a practice that seeks to align a client’s values with their investment portfolio, or portion thereof, while achieving a profitable financial return.
Kurtz will advance the group’s impact/ESG investment practice and design portfolios for clients that align with individual values and investment goals.
“I am so excited about joining Montecito Bank & Trust,” Kurtz said. “The organization is sincerely devoted to taking care of clients and to supporting the community. I am excited to bring my years of experience on ESG investing to a community bank with such a strong reputation.”
Kurtz is a published writer, visiting scholar and lecturer. His 39 years of experience include 20 years developing his expertise in ESG and impact investment management.
Before his most recent role as senior portfolio manager and head of social impact investing at Wells Fargo Wealth Management, he was partner/chief investment officer at Nelson Capital, an asset management firm purchased by Wells Fargo.
“Lloyd is a nationally recognized expert in social impact or ESG investing,” said Tom Fisher, SVP/chief investment officer at MB&T Wealth Management. “He is passionate about investing, client communication and service.
“In his previous position, Lloyd led a national team of investment professionals where his ESG strategies outperformed their benchmarks on a risk-adjusted basis from 2016 through April of 2023.
“I believe his unique skill set in impact investing, equity strategy and team-based investment management will benefit our clients for many years to come.”
Earning his MBA with honors from Babson College, Kurtz is a Chartered Financial Analyst, and holds a BA double major in English and psychology from Vassar College.
He is a visiting scholar at the Kellogg School of Management at Northwestern University and plays a leading role in the Moskowitz Prize, which annually recognizes outstanding academic research in the field of sustainable finance. He served on the Sustainability Accounting Standards Board from 2017-22.