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RIAs are just not that into ESG investing--at their peril, a new study says. That makes a leap: This is the one case where the customers--both RIAs and their clients-- are wrong.

News, Vision & Voice for the Advisory Community Cerulli is the latest to question RIAs for not fully understanding ESG as an emerging megatrend, which could lead to a potential disconnect with Next Gen investors. Comments RIAsĀ are failing clients, society and theirĀ future viability as advisors by almost universally neglectingĀ environmental, socialĀ and governance (ESG) investing, according to a scathing new report. "There will be a future where all investments are going to be judged through...
United States John Goldstein Larry Fink Chris Phalen Freddy Martino Carol Weinberg Carolyn
Source: riabiz.com

'Site is trash': Reservation system for camping in national parks goes down

Ā  CALGARY -- Parks Canada delayed opening camping reservations this year because of the COVID-19 pandemic, but thousands of Canadians are crying foul after the system went offline with technical issues. Officials with the agency say the reservation system "is experiencing very high demand" and has led to "technical difficulties." "We are actively investigating the problem and working to fix the issue," Parks Canada wrote on Facebook Friday. "Thank you for your patience. We apologize for t...
Chris Phalen Phayphalen Julia Khafizov Shannon Clarke Clarkeshan Steve Duncan National Parks Parks Canada

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'Sustainable investing' is surging, accounting for 33% of total U.S. assets under management

Sustainable investing is surging, accounting for 33% of total U.S. assets under management CNBC 12/21/2020 Assets managed with environmental, social and governance concerns continue to surge. Between 2018 and 2020, total U.S.-domiciled sustainably invested assets under management, both institutional and retail, grew 42%, to $17.1 trillion, up from $12 trillion. Ā© Provided by CNBC Assets managed with environmental, social and governance considerations continue to surge. And while still large...
United States France General David Wolf Chris Phalen Forum For Sustainable Morgan Stanley
Source: msn.com

'Sustainable Investing' Is Surging, Accounting for 33% of Total U.S. Assets Under Management – NBC Connecticut

Fund growth In terms of investment vehicles, some of the most significant inflows (combining both institutional and retail dollars) have gone into exchange-traded funds, community investment institutions and alternative investment vehicles over the past two years, growing by 200%, 44% and 22%, respectively, according toĀ Chris Phalen, research manager at the Forum for Sustainable and Responsible Investment. The numbers behind the percentages are striking. According to a MorningstarĀ report, "su...
United States France General David Wolf Chris Phalen Forum For Sustainable Morgan Stanley

'Sustainable Investing' Is Surging, Accounting for 33% of Total U.S. Assets Under Management – NBC New York

Fund growth In terms of investment vehicles, some of the most significant inflows (combining both institutional and retail dollars) have gone into exchange-traded funds, community investment institutions and alternative investment vehicles over the past two years, growing by 200%, 44% and 22%, respectively, according toĀ Chris Phalen, research manager at the Forum for Sustainable and Responsible Investment. The numbers behind the percentages are striking. According to a MorningstarĀ report, "su...
United States France General David Wolf Chris Phalen Forum For Sustainable Morgan Stanley

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