Among financial advisors with 3 to 9 years of experience, 99% of those using individual bonds discussed the topic of social impact and ESG goals with their clients.
This represents a 25% increase compared to advisors with over 10 years of industry experience. However, 58% of those advisors with 3 to 9 years of experience shared the notion that too many equity ESG options exist and not enough fixed income ESG options were available to present to more conservative investors.
“This generation has had more access to information on social impact investing than any before them, so it is no surprise that millennials and the generation of advisors that serve them, are like-minded in their support of results-driven causes,” said Louise M. Herrle, Managing Director and Head of Incapital’s Legacy platform for distributing social impact investments.
“They understand that they can achieve their clients’ financial goals with investments that reflect their personal values.” Among the advisors surveyed, the majority used equity assets as the prime investment vehicle for attaining ESG goals.
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