Are Clients Interested in SRI and "Sustainable" Investments?
August 2, 2016
In new research from TIAA Global Asset Management, 95% of advisors say their clients have no exposure to socially responsible or "sustainable" investments, while around a third of high-net-worth investors say they do. And 87% of Millennials claim they'd stay with an advisor who could talk about the subject. So, why the apparent disconnect? Are your clients interested in SRI and sustainable strategies?
|Yes: I talk about SRI with clients and some hold such investments.|
|Yes: But given the performance, I find it difficult to justify recommending SRI.|
|No: My clients have never really raised the issue much with me.|