Responsible Investing Strategies Still a Challenge for Advisers–Q4 2017 Eaton Vance Advisor Top-of-Mind Index (ATOMIX) survey of 1,000 financial advisers.
"Only 21% of advisers surveyed reported feeling very well informed about responsible investing strategies, and the survey found accessing ESG data is a challenge for advisers…
Eighty-four percent of advisers reported their clients have at least some interest in responsible investing options. However, 82% also believe responsible investing has a long way to go before it becomes mainstream."
[COMMENTARY] The data in this survey clearly demonstrate — yet again — how out-of-touch are most financial advisors. Is it a simple case of ’I just don’t want to bother?’ Clearly, they aren’t fulfilling their most important goals of ’knowing their client’ and acting in the client’s best interests.
Furthermore, the fact that about $1 in $5 in the US equity markets is now invested according to responsible investing principles appears to be unknown to the advisors surveyed. That fact alone says that it’s already becoming mainstream — and fast.
Responsible Investing Strategies Still a Challenge for Advisers, by Rebecca Moore, November 21, 2017, Plan Advisor, USA.