ACM Insights
Uncovering the Drivers of Underperformance in Nonprofit Investment Portfolios
Many nonprofit investment portfolios consistently underperform due to structural and behavioral challenges that are often overlooked. This article explores how short-term decision-making, misleading benchmarks, and committee turnover undermine long-term success—and why a clear investment philosophy is essential for mission-aligned governance….
Supporting Independence: Mark Armbruster Recognized by National Nonprofit for his Commitment to Community
Mark Armbruster, CEO of Armbruster Capital Management, received an honorable mention in the 2025 Invest in Others Awards for his impactful volunteer work with Empowering People’s Independence (EPI). His leadership and fundraising efforts, inspired by his son’s epilepsy diagnosis, have helped raise over $200,000 to support specialized services across New York State….
Portfolio Review: Q3 2025
Markets delivered strong performance in Q3 2025, with stocks, bonds, and alternative investments all posting solid gains. Small-cap and international equities led the charge, boosted by interest rate cuts and global diversification. Amid economic uncertainty, the quarter reinforced the value of a well-diversified portfolio….