Connection Is Capital: Doug Heske on Purpose-Driven Wealth and Leadership

Doug Heske is the Founder and CEO of Newday Impact Investing, a vertically-integrated, technology-enabled asset manager and registered investment advisor. Under his guidance, Newday supports more than 50 mission-aligned nonprofit partners through its Causeway participatory platform for values-driven investing. With over three decades of leadership in wealth management and impact investing, Doug previously led the private client services at Stone & Youngberg/Stifel Financial Corp., served as President and CEO of NCPI, and launched Piper Jaffray's wealth business in California.  In this episode… Purpose-driven wealth, transparent investing, and community-centered leadership are becoming essentials rather than ideals. These shifts are redefining how financial systems can generate both profit and positive impact while pushing leaders to cultivate deeper trust in a world where investors expect more meaning from their money. Most importantly, what happens when the connection itself becomes a form of capital? From Doug Heske's perspective as a pioneering impact investor, meaningful financial change begins when money is treated as a tool for alignment rather than simple accumulation. Wealth becomes more powerful when paired with values, action, and transparency, creating outcomes that benefit both people and the planet. Doug also highlights that culture, community, and long-term thinking fundamentally reshape how investors influence businesses and the world around them. This shift, he notes, is accelerating as younger generations inherit unprecedented wealth and demand measurable impact. By tying financial decisions to purpose, Doug shows how individuals can drive large-scale change through even small acts of engagement. In this episode of In Great Company, Sindhu Srivastava and Danielle Thieret sit down with Doug Heske, CEO of Newday Impact Investing, to discuss why connection is the engine of purpose-driven wealth. They explore how impact investing aligns values with returns, how Causeway builds trust through transparency, and why culture is a financial strategy. Doug also shares his personal path toward mission-led leadership.