The Forthcoming $30 Trillion Wealth Transfer to Women
by Theresa Gusman, Chief Investment Officer of First Affirmative Financial Network
An enormous transfer of wealth is underway in America that presents an historic opportunity for the financial services industry and specifically for women advisors and customized ESG investing. Female advisors – though they are outnumbered by their male counterparts by more than four to one – are better positioned to guide the clients on the receiving end of this transfer.
by Maggie Kulyk, founder of Chicory Wealth and author of "Integrating Money and Meaning"
I have been working with people and their finances for almost twenty years now, and one thing I know for certain: Each person’s relationship with money is unique and powerful, whether they choose to recognize it or not. I have also noticed that those who are willing to accept and work with the realities of their relationship with money generally lead happier and more balanced lives.
The US SIF Foundation's Trends Report conducted research on 530 institutional asset owners with $6.2 trillion in ESG assets, equivalent to 51 percent of the $12.01 trillion that money managers identified as institutional assets. Because money managers do not disclose information about their institutional clients, the data received from our direct research of institutional investors shows how and why they incorporate ESG criteria into their investment analysis and portfolio selection.
The US SIF Foundation in its new SRI Trends Report identified 384 money managers and 1,204 community investing institutions incorporating ESG criteria into their investment analysis and decision-making processes. The $16.6 trillion in ESG incorporation assets they represent is a nearly 43 percent increase over the $11.6 trillion in such assets identified in 2018.
In terms of assets, money managers incorporate ESG factors fairly evenly across environmental, social and governance categories:.
by John Howell of Climate & Capital Media and Climate Finance Weekly
“Why climate finance,” you might ask? In 25 years of reporting on sustainable business, I have become fascinated by the pivotal relationship between capital and innovative solutions to climate-related issues.
by Betsy Moszeter, Chief Operating Officer of Green Alpha Advisors
The evidence now shows that diverse investment teams make better long-term decisions.
The lack of gender diversity of financial services professionals is finally being talked about, but not sufficiently. It should be discussed more and in deeper ways, and – importantly – remediated in practice, because of the well-documented fact that heterogeneous teams outperform homogenous teams, across disciplines, and not by an insignificant amount.
by Danielle Burns, Head of Business Development at CNote
After college, I started to work in a meaningful career and my passion began to shift towards creating an environment for myself that I could be proud of and fully support. I started to think more holistically about money. How would it contribute not only to my life but to the lives of others around me? I wanted my money to support both the tangible and intangible needs and desires. I also knew that I didn’t want to be defined by money whether in the red or black.