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.
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RIAs are failing clients, society and their future viability as advisors by almost universally neglecting environmental, social and governance (ESG) investing, according to a scathing new report.
"There will be a future where all investments are going to be judged through the lens of sustainability ... I’ve been very loud at what I’m saying, and I’m going to be loud again," said BlackRock chairman and CEO Larry Fink, in a Bloomberg Green Summit interview, Apr. 27.