# First Affirmative Financial Network

First Affirmative Financial Network is a Bank / Wealth / Trust based in Colorado Springs, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Colorado Springs, United States
- **Region:** North America
- **Address:** Colorado Springs, CO, United States
- **Founded:** 1988
- **Assets under management:** Undisclosed
- **Website:** firstaffirmative.com
- **LinkedIn:** https://www.linkedin.com/company/first-affirmative-financial-network

## Regulatory record

- **CRD number:** 109036
- **SEC file number:** 801-56587
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-22T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/109036

## About

First Affirmative Financial Network is an SEC-registered investment adviser in Colorado Springs, CO, registered since 1999. The firm manages $905 million in assets, with $716 million on a discretionary basis. It has 23 employees and 12 investment advisers.

## Sectors

- Sustainable & Responsible Investing

## Questions

### How does First Affirmative source the investment strategies on its platform?

The firm combines proprietary screening — including fossil-fuel-free and weapons-free filters — with third-party manager selection. It also engages in direct shareholder advocacy, historically filing or co-filing proxy resolutions at public companies on behalf of client accounts. This hybrid approach means advisors using the platform get both a curated fund menu and active ownership tools.

### Does First Affirmative run its own funds or only select external managers?

First Affirmative operates a managed-account platform rather than a traditional fund family. It constructs portfolios using a mix of direct security positions and external fund managers, all subject to its proprietary values screens. The firm has historically emphasized direct shareholder engagement — including proxy voting and resolution filing — as a core part of its toolkit.

### How does First Affirmative's approach differ from a standard ESG fund?

First Affirmative predates the ESG fund industry by roughly 15 years, and its model is structural rather than product-centric. Instead of launching retail funds, the firm built a platform that lets independent advisors apply its screens within separately managed accounts. This means end-client portfolios are not commingled in a 40 Act fund but rather held as individually managed accounts with direct proxy-voting rights, a structure that offers more granular client control.

## Related profiles

- [First Advisors National](https://altss.com/profile/first-advisors-national)
- [First American Corporation](https://altss.com/profile/first-american-corporation)

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Last updated: 2026-06-03T20:00:00.000Z

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