Advisors Failing To Talk ESG With Clients
Investors of all ages are interested in environmental, social and governance investing—or ESG—but advisors apparently are not bringing up the subject with them.
According to a recent study by Allianz Global Investors, only 14 percent of 1,061 investors with at least $100,000 in investable assets who were surveyed had had a conversation with their advisors about ESG investing, and 61 percent of the clients had to bring up the subject themselves.
“There has been some progress among advisors with bringing up the subject,” says Anthony Eames, vice president and director of responsible investment strategy for Calvert, a firm that focuses on responsible investing. “But advisors need to be educated to the fact that their clients are interested in these issues.”
Photo courtesy of GotCredit.