MyProxyAdvisor is a project of Proxy Democracy, a nonprofit organization incorporated in 2007 to make corporations more accountable to their owners.
You need a proxy advisor
If you own stocks, you have the right to vote in annual proxy elections. But you probably don't have the time to research each director nominee and shareholder proposal on every ballot.
Institutional investors solve this problem by hiring expensive proxy advisors to research the issues and make voting suggestions.
MyProxyAdvisor makes it possible for individuals to have a similar service at no cost.
How it works
Before each voting deadline, we find out how respected institutional investors with a variety of voting philosophies have chosen to vote their shares. We'll help you figure out which funds have similar voting philosophies to yours. When a fund you agree with makes a decision on a stock you own, we'll send you a free alert.
You'll have a week or two to look at their decisions and cast your own ballot.
Why we're doing this
The goal of MyProxyAdvisor is to strengthen the voices of individual shareholders in proxy elections. We believe that bolstering corporate democracy will make management more accountable to investors and more responsible to society.
We're not doing this for pecuniary gain. Private information is kept private and will not be sold. We don't ever plan to charge individual subscribers for anything. The project is sustainable because our software automatically collects and distributes publicly available information.