Brent Kessel
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From a very young age, Brent Kessel has been fascinated with money, yet knew there was more to life. He studied economics, psychology, meditation and Ashtanga yoga, and wanted to provide holistic financial advice. Since 1989, Kessel has counseled multi-millionaires as well as people of modest means to create a balanced and fulfilling relationship to their wealth.

Brent is Co-Founder and Chief Investment Officer of Abacus Wealth Partners which focuses on inspiring the super-affluent to create a more balanced and fulfilling relationship to their wealth. He is also Co-Founder and CIO of Abacus Portfolios, a portfolio management company for clients who want a low-cost, professionally managed way to invest. Both companies invest in socially responsible investment portfolios. Both companies, as well as Brent’s home, are carbon neutral due to the carbon offsets he’s purchased. Abacus is also the largest investment advisor to invest in microfinance equity funds. “Being green continues to grow, from the motor vehicles we buy to the foods we eat,” says Kessel. “Our experience in socially responsible investment portfolios, and the solid returns they have garnered, demonstrates that investors can help both the environment and their portfolio at the same time by investing in green funds.”

Brent earned his economics degree from UCLA and holds the CFP® designation. Dubbed a “Financial Soul Searcher” by Research magazine, Brent has been widely quoted in BusinessWeek, The Wall Street Journal, Newsweek, The Los Angeles Times, The Chicago Sun Tribune, The Journal of Financial Planning, and other publications. He is the exclusive money columnist for Yoga Journal. His book, It’s Not About the Money will be published by HarperCollins on April 1, 2008.

Blog Entries by Brent Kessel

Back to Africa on an Obama High

Posted January 29, 2009 | 19:00:12 (EST)

I just got to Cape Town after 29 hours of (relatively easy) travel from Los Angeles, and after 16 years of being away from the Capetown of my youth. I'm traveling with my wife of 10 years, my two elementary-school sons, and my mom -- who brought me and my...

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Don't Buy That Dog!

Posted January 28, 2009 | 14:39:20 (EST)

Some friends of mine recently made a pledge to cut out all discretionary spending. We sat in their living room together, and their conviction was palpable. "Nothing. Not another purchase for the next month unless we can't live without it." The week before, they had had to scramble to come...

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Save 80% of Your Income

Posted January 26, 2009 | 14:42:32 (EST)

What? Yeah, that was my reaction too. And guess where I heard this? At a homeless shelter. Indeed.

Recently, I gave a talk at a homeless shelter in Santa Monica. A really cool place called Turning Point which helps homeless people get into permanent housing and jobs in two...

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Lust, Hatred, and Ignorance

Posted January 21, 2009 | 18:35:20 (EST)

One of my colleagues recently asked everyone in the office to support her son's school by buying gift cards from them. I didn't have any pressing need, but knew that with birthdays, the upcoming holidays and the like, I'd probably be able to put some bookstore and department store cards...

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The Last Time Gold Was This High...

Posted January 21, 2009 | 14:35:36 (EST)

It was January 1980. I was 12 years old, and about to be bar-mitzvah'd (the coming-of-age ceremony in the Jewish tradition). My stepfather convinced me to put all of the money I'd received in gifts into Krugerrands, the South African 1 oz. gold coins. I vividly recall him saying "Gold's...

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A Penny Saved

Posted July 8, 2008 | 12:42:21 (EST)

I recently had to fly to Boston to speak at the Yoga journal conference and do some TV and radio interviews. I hadn't booked the flights as of a week before, and when I checked on fares, they were over $800! In addition to that, the conference organizers had held...

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We're All One

Posted June 13, 2008 | 12:41:02 (EST)

Have you gotten your IRS "economic stimulus payment" yet? Depending on whether you're married or not, have qualifying children or not and how much money you make, you may have gotten anywhere from $300 - $1,200.

I recently saw this email, meant to show us that in all likelihood,...

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One World Is Enough For All Of Us

Posted May 2, 2008 | 08:32:10 (EST)

I recently co-hosted a charity fundraiser for Unitus, an international nonprofit organization dedicated to advancing innovative, market-based solutions to global poverty. The Police have named Unitus the official charity of their 2008 Tour, and have donated front-row seats and backstage passes to many concerts, which Unitus is auctioning off...

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What A Difference A Decade Makes

Posted April 11, 2008 | 15:56:52 (EST)

My wife and I will celebrate our ten year wedding anniversary this July. We both came from families torn apart by divorce, and so we took every precaution before getting married ourselves - neither of us married our first loves, we lived together for five years before deciding to get...

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Where Did It All Go?

1 Comments | Posted April 1, 2008 | 17:14:58 (EST)

"You have $900 in your checking account!" the email said. Actually, if emails had sound, I would say it SCREAMED. It was four days until my personal finance self-help book, It's Not About the Money was scheduled to be published. The email was from my bookkeeper, who was wondering...

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Three Fingers Pointing Back at Me

3 Comments | Posted March 31, 2008 | 15:17:07 (EST)

As the U.S. economy careens toward that big cliff called Recession, there's a scramble to understand just how we got into this predicament. The theories abound: The banks lent too much. People spent too much. Total consumer indebtedness is $2.5 trillion1, and according to a recent Congressional report, the total...

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Don't Just Do Something, Sit There

Posted March 14, 2008 | 08:39:26 (EST)

I'm sitting on my meditation cushion in my closet, my usual spot, and it's about 6:30am. My sons are already awake and downstairs with their two best friends, who've had a sleepover. I've been sitting for about thirty minutes, and the boys have been playing beautifully. Then I start hearing...

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I'm A Slave To My Thoughts

Posted February 22, 2008 | 07:23:29 (EST)

Last Saturday, as with virtually every Saturday for the last eight years, I woke up with the intention that I would not do any work of any kind - no email, no talking about work, no thinking about work issues - until Monday morning. My kids and their friend who'd...

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Vegas, Baby!

Posted January 29, 2008 | 23:19:12 (EST)

I'm standing inside the Wynn Casino in Las Vegas last Tuesday, a day on which the stock market declined about 300 points -- roughly three percent. I've been playing blackjack, and losing quickly. I don't bet a lot, generally the cheapest table in the house, and usually once a year...

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It's Not My Car, I Swear

Posted January 25, 2008 | 11:54:27 (EST)

I'm standing at the Campton Place Hotel on Stockton St. in San Francisco. I've decided to retrieve my car from the valet parking after learning that the hotel would charge me $51 per night for the valet parking. Except that it's not my car, it's my business partner's second car,...

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Does Money Have To Be A Struggle?

Posted January 25, 2008 | 00:02:28 (EST)

This morning, I was sitting in my "meditation room" - an amusing phrase to use in describing the only visible floor space (about 2' x 2') in our closet. I felt extremely peaceful, which was surprising for a week of too little sleep and hard-driving work. My heart and solar...

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It's Not About The Money

Posted January 11, 2008 | 00:59:30 (EST)

As we start another new year, there is an energy of renewal in the air. That which has been frozen will soon thaw. That which has been buried will soon flourish as the days begin to grow longer. This energy of renewal often creates a wave of energy to change...

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'Tis The Season For Shopping

Posted December 20, 2007 | 16:14:02 (EST)

I'm sitting here in the Canyon (Topanga, that is) on a dreary winter day. I close my eyes and I can visualize and almost hear the millions of credit cards being swiped through verification machines just down the hill at the local malls, all around L.A., all across the country....

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