How Boise’s Caprock became a national leader in ‘impact investing’

Weatherley-White eats and breathes investing. Stand in the same room long enough and he’ll profess his love for the markets, for entrepreneurialism, for how ideas and money meet.

He turned those interests loose as an investor at Smith Barney in Boise for more than a decade. But by 2005, the work gnawed at him. Smith Barney both makes and sells its financial products to clients. Weatherley-White says that creates a conflict of interest for an investment manager trying to serve a client’s best interests.

“I grew less in love with it,” he says. “I felt I needed to protect my clients from the avarice of my employer.”

He and the like-minded Bill Gilbert left Smith Barney in 2005 and founded Caprock…

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This content was produced and written by the Idaho Statesman.