‘Faith-based investor’ boasts 35.5% return on investments this year

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A South Carolina financial planner has added new meaning to what faith in the stock market can do for investors.

Jay Peroni

Jay Peroni

Jay Peroni, author of two books on faith-based investing, says his “Faith-Based Portfolio,” a collection of investments based on values and faith, has a 35.5% return so far this year.

The investment returns for Peroni, a certified financial planner with an office in Abingdon, Va., compare to the 9.43% return so far this year for S&P 500 investments, according to a statement from Peroni.

Peroni’s firm, Values First Advisors, uses separate account management, which is similar to mutual funds in many ways, but allow individual investors access to institutional-quality money managers at reduced account minimums. Within this structure, the investor directly owns the securities in the portfolio, and can impose restrictions against the purchase of specific securities as a means of customizing the portfolio for personal requirements, according to the firm’s website.

Peroni left a job at a national brokerage firm to form South Carolina-based Values First Advisors, which also has offices in Tennessee. The firm specializes in “socially responsible” investing to find investing solutions that are both profitable and in-line with the values of his clients, he said. Peroni is author of The Faith Based Millionaire and The Faith Based Investor.

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