You have to have a lot of energy to keep up with Ron Cordes. I met him last week in midtown Manhattan as he was preparing his presentation for the Clinton Global Initiative (CGI), the global philanthropic organization, founded by President Bill Clinton, that brings together governments, businesses and nonprofit organizations to seek answers to the world’s most pressing problems.
Oh, so you thought he was just a leading financial executive? Well, he is—Ron, along with Brian O’Toole and Richard Steiny, founded AssetMark, a fee-based asset management platform that the trio subsequently sold to Genworth Financial. But wait, there’s more. Along with his job as co-chairman of Genworth Financial Wealth Management, Ron has founded the Cordes Family Foundation, which is sponsoring social entrepreneurship around the world. Ron’s name for his foundation’s focus is Impact Investing: he’s not merely giving money away, he’s investing in businesses that will lift people out of poverty—by their own efforts. Make no mistake; Ron is very actively involved. You have read about his adventures, and his principles, in several issues of Financial Planning. (See Making an Impact, Impact Investing, and Good Deeds, Done Well)
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