A survey of millennial investors around the world found that some 77% of them say that environmental, social and governance concerns are their top priority when considering investment opportunities.
[More: 2020 elections could help socially responsible investments soar]
The global poll of 1,125 millennials, conducted by deVere Group, a British advisory firm, found that ESG concerns topped traditional factors such as anticipated returns (cited as most important by 10% of those polled), past performance (7%), risk tolerance (4%) and tactical allocation (2%) when making investment decisions.
[More: 401(k) plans lag in ESG investing]
Millennials are those roughly age 20 to 40.
[More: Millennials, women drive assets to ESG strategies]
Former Hightower COO and ex-Yieldstreet CTO headline wealth technology hires as advisor platforms push deeper into AI and private markets
Wealthy investors have saved only half of what they say they need, creating a wider retirement savings gap for advisors to address
Tax bill inertia, drastic near-term jumps in tax liabilities, and generationally consequential policy uncertainty will spook clients – that is, unless their advisor brings those lurking risks to light.
A six-advisor Vinings practice joins LPL's broker-dealer and RIA platforms, citing independence and succession planning support.
A new Transamerica Institute report finds most American workers feel outpaced by costs and advisors are reaching only a fraction of them.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
