Millennial investors are interested in “solving the world’s problems.” The generation the Financial Post called “the next big investment trend,” is making more social impact investments than any other age group. According to Bank of America’s elite wealth management, more than eight in ten Millennials are either interested in or own social impact investments. Millennials have a handle on what they want to support, and are looking to advisors to “understand their social goals and help address portfolio questions like asset allocation strategies.” (On Wall Street)
