Impact Investing Grows, Led by Women and Millennials

In this article, Carol Clouse shares key findings from The 2017 U.S. Trust Insights on Wealth and Worth survey. She highlights how the report reveals there is an “aspirational gap” between growth among those interested in impact investing versus those taking action, and “this means advisors have an important role to play helping their clients figure out just how to enter the impact investing market.” Clouse also quotes Jackie Vanderbrug of U.S. Trust about the leading role of women and millennials in impact investing. According to the survey findings: “Women and millennials are moving from leading in interest to leading in action…The number of wealthy millennials who’ve allocated assets to mission-based investing jumped to 28 percent, from 17 percent in 2015; the number of women who own impact assets doubled—to 18 percent from 9 percent two years ago.”