According to a survey by Bank of America 77 percent of high net worth millennials own or are interested in impact investments; in response to this there has been a batch of startups looking to capitalize on this trend; apps like Stash, Swell, OpenInvest and more have targeted their offerings to these young investors; investors are given different options, separately managed accounts or ETFs to invest in different causes; the trend towards more socially responsible investing is also catching on amongst traditional wealth managers, some of who have been offering investments like this for year. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.