Social Investing Drives Millennial Wealth Management

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.

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