CHICAGO, Feb. 18, 2021 /PRNewswire/ -- Envestnet,
Inc. (NYSE: ENV) announces that Envestnet | PMC (PMC) has
published a series of comprehensive educational resources about
impact investing for financial advisors. These educational
materials on impact investing trends, strategies, and products—and
how advisors can begin discussions about them with clients—are
available on the PMC website: https://www.investpmc.com/impact.
"The market is sending a clear signal that investors want to
invest with impact. Our goal is to make sure advisors have the
knowledge and confidence to build values-aligned portfolios," said
Brett Wayman, Vice President of
Impact Investing at Envestnet | PMC. "Our in-depth
educational program helps advisors understand why they should
consider impact investing in their practices, defines the various
approaches they can take, and gives advisors a path towards
discussing impact with their clients."
PMC's impact educational materials were prepared in partnership
with The Investment Integration Project (TIIP), an organization
dedicated to advancing sustainable investment strategies for
managing systemic risks and solving systemic problems, such as
climate change and income inequality. The curriculum consists of
three in-depth guides for advisors:
- "What Is Impact Investing?"—Disentangling the complex
terminology used to describe impact investing, and clarifying the
fundamental concepts underlying the terminology.
- "Why Should Financial Advisors Care About Impact
Investing?"—Confronting common myths about impact investing
that might be preventing advisors from embracing it.
- "How Can Financial Advisors Apply Impact Investing In Their
Practice?"—Offering practical recommendations for how advisors
can talk with clients about impact investing, and using
hypothetical "real world" scenarios where advisors can address
clients' impact investing goals, including a concise "4 Step
Process for Discussing Impact Investing with Clients."
As this segment of the market continues to grow, PMC will
develop additional content—such as interactive tools, videos, blog
posts, and infographics—to help advisors stay up-to-date on how to
help their clients incorporate impact investment strategies and
products into their portfolios.
"The systemic application of big-picture environmental and
social considerations to security selection and portfolio
construction can actually enhance—not harm—long-term
investment opportunities," said William
Burckart, President of TIIP and Co-Author of
21st Century Investing. "Envestnet shares our
commitment to teaching more investors and financial professionals
about the potential benefits of investing with impact, and giving
them the tools to get started. In addition, for those who are
already on this path, these materials can help them go even
further."
The number of sustainable funds available to U.S. investors
increased to 392 in 2020, up 30% from 2019, according to
Morningstar. This segment has experienced a nearly fourfold
increase over the past 10 years, with significant growth beginning
in 2015. Morningstar also reported that sustainable funds attracted
a record $51.1 billion in net flows
in 2020, more than twice the previous record set in 2019—and
sustainable fund flows accounted for nearly one-quarter of overall
fund flows in the U.S. last year.
Activity on the Envestnet platform confirms this trend, with
investments in impact and environmental, social, and governance
(ESG) strategies up 98% in 2019 and up 45% through September 30, 2020. This represents the
fastest-growing area of Envestnet's managed money universe. As of
September 30, 2020, the Envestnet
platform included $17.6 billion in
ESG assets under management or administration in over 290,000
client accounts, overseen by over 15,900 advisors.
"Being able to knowledgeably, and proactively, discuss impact
investing with clients is a key differentiator for advisors in
today's marketplace," said Dana D'Auria, CFA, Co-Chief
Investment Officer of Envestnet. "We continue to strengthen the
spectrum of impact solutions and strategies available through our
financial wellness network—and these offerings, combined with our
educational materials and data-driven intelligence, can help
advisors make the best-informed impact recommendations for their
clients."
About Envestnet
Envestnet, Inc. (NYSE: ENV) is transforming the way financial
advice and wellness are delivered. Our mission is to empower
advisors and financial service providers with innovative
technology, solutions, and intelligence to make financial wellness
a reality for everyone. Over 105,000 advisors across more than
5,100 companies—including 17 of the 20 largest U.S. banks, 47 of
the 50 largest wealth management and brokerage firms, over 500 of
the largest RIAs, and hundreds of FinTech companies—leverage the
Envestnet platform to grow their businesses and client
relationships.
For more information on Envestnet | PMC, please visit
www.investpmc.com.
Nothing contained in this presentation is intended to constitute
legal, tax, accounting, securities, or investment advice, nor an
opinion regarding the appropriateness of any investment, nor a
solicitation of any type.
Media Contact:
Dana Taormina
JConnelly for Envestnet
973.647.4626
envestnetpr@jconnelly.com
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SOURCE Envestnet, Inc.