Selling an investment product based on the idea of tracking an index creates a paradox; too much deviation subverts the purported benefits of direct indexing.
The survey found that 79% of Black millionaires and 72% of Hispanic high-net-worth individuals favor investments that make a positive social impact, such as promoting equality and inclusion.
The SEC’s efforts to standardize climate risk disclosures represent a first step in helping advisors cut through the noise and effectively evaluate companies’ risks and opportunities across various sectors.