{"id":17988,"date":"2024-05-30T09:41:38","date_gmt":"2024-05-30T13:41:38","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-us\/?post_type=rbcwm_newsroom&p=17988"},"modified":"2024-05-30T09:41:39","modified_gmt":"2024-05-30T13:41:39","slug":"new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow","status":"publish","type":"rbcwm_newsroom","link":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow","title":{"rendered":"New RBC Wealth Management survey finds interest in responsible investing continues to grow"},"content":{"rendered":"\n

MINNEAPOLIS (May 30, 2024)<\/strong> – A recent survey conducted by RBC Wealth Management <\/a>reveals more positive investor sentiment around responsible investing and evolving preferences toward impact investing.<\/p>\n\n\n\n

When asked about responsible investing strategies, impact investing \u2013 defined as investing in assets to create a measurable positive social or environmental impact \u2013 is more attractive to respondents than in previous years, with 63% being interested in applying impact investing to their current portfolios versus 49% in 2023.<\/p>\n\n\n\n

One key survey takeaway for financial advisors is the importance of positioning and using plain language when discussing investment choices. Respondents favor “responsible investing” <\/em>far more than other terms (sustainable investing, impact investing and ESG investing), and the phrase has grown in popularity from the firm\u2019s 2023 survey. \u201cESG investing\u201d has rebounded some from its nadir of 11% last year, but still sits at 22% positive impression compared to 59% for \u201cresponsible investing.\u201d<\/em><\/p>\n\n\n\n

\u201cThis year\u2019s survey reflects what we\u2019re seeing and hearing from our clients \u2013 words matter and have tremendous power. Investors want clear language, not jargon, when constructing their portfolios,\u201d said Kent McClanahan, Head of Responsible Investing at RBC Wealth Management. \u201cMore than half of our clients are interested in responsible investing, so it\u2019s important for advisors to be ready to talk about it to help clients make more informed investment decisions.\u201d<\/p>\n\n\n\n

Seventy-five percent of respondents fall between ages 50-77. And while they skew slightly male (56%), the survey results point to a few areas of consensus among men and women.<\/p>\n\n\n\n

    \n
  1. Both equally agree achieving financial goals is the most important factor when choosing investments.<\/li>\n\n\n\n
  2. The vast majority (87%) agree investors should be able to consider ESG criteria without government limitations or restraints.<\/li>\n\n\n\n
  3. Investment performance and transparency issues are their top two concerns as potential barriers to responsible investing.<\/li>\n\n\n\n
  4. Nearly all are philanthropically active, with 86% overall taking part in direct giving and 57% volunteering their time.<\/li>\n<\/ol>\n\n\n\n

    However, there are three areas in which men and women differ:<\/p>\n\n\n\n

      \n
    1. Of surveyed women, 62% are likely to discuss responsible investing with advisors within the next year, as opposed to 47% of men.<\/li>\n\n\n\n
    2. Women are more likely to say they will only invest in traditional energy companies with plans to reduce greenhouse emissions and address climate concerns (59% women vs. 41% men).<\/li>\n\n\n\n
    3. Water, health, education and affordable\/clean energy are the most popular themes clients are interested in, driven by female respondents. Male respondents were more interested in investing in “industry, innovation and infrastructure,” which is fifth on this list.<\/li>\n<\/ol>\n\n\n\n

      “Clients want to know what their money is doing on topics that are important to them. They want to understand what their impact is and how that affects their returns,\u201d McClanahan said. \u201cAnd they want access to all information \u2013 including ESG data \u2013 to construct investment portfolios that reflect their values and financial objectives.\u201d<\/p>\n\n\n\n

      About the survey<\/strong>
      Results are based on responses from 1,086 RBC Wealth Management \u2013 U.S. clients to an online survey in March and April 2024. Of the client responses, 51% are high net worth (HNW) clients with investable assets of $1 million or more. Click       here<\/a> for additional information on RBC Wealth Management’s responsible investment capabilities and offerings.<\/p>\n\n\n\n

      About RBC Wealth Management \u2013 U.S.<\/strong><\/p>\n\n\n\n

      Founded in 1909, RBC Wealth Management delivers trusted advice and world-class wealth solutions to individuals, families and institutions. A subsidiary of Royal Bank of Canada (RBC), it is one of the largest full-service wealth management firms in the U.S., supporting the complex needs of high-net-worth and institutional clients by providing access to private banking, credit, investment management, asset management and other services. In the United States, RBC Wealth Management has $570 billion in total client assets with more than 2,100 financial advisors operating from 190 locations in 42 states. RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE\/FINRA\/SIPC. Learn more at rbcwm.com<\/a>. <\/p>\n\n\n\n

      Media contact<\/strong>
      Megan Boldt, RBC Wealth Management, 612-371-6123,\u00a0      megan.boldt@rbc.com\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      MINNEAPOLIS (May 30, 2024) – A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing and evolving preferences toward impact investing. When asked about responsible investing strategies, impact investing \u2013 defined as investing in assets to create a measurable positive social or environmental impact \u2013 is more attractive to […]<\/p>\n","protected":false},"author":26,"featured_media":0,"template":"","meta":{"_acf_changed":false,"editor_notices":[],"rbc_url_alias":"","footnotes":""},"rbcwm_solution":[],"rbcwm_newsroom_category":[48],"class_list":["post-17988","rbcwm_newsroom","type-rbcwm_newsroom","status-publish","hentry","rbcwm_newsroom_category-corporate-news"],"acf":[],"yoast_head":"\nNew RBC Wealth Management survey finds interest in responsible investing continues to grow - RBC Wealth Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New RBC Wealth Management survey finds interest in responsible investing continues to grow\" \/>\n<meta property=\"og:description\" content=\"MINNEAPOLIS (May 30, 2024) – A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing and evolving preferences toward impact investing. When asked about responsible investing strategies, impact investing \u2013 defined as investing in assets to create a measurable positive social or environmental impact \u2013 is more attractive to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\" \/>\n<meta property=\"og:site_name\" content=\"RBC Wealth Management\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-30T13:41:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/share-logo-1200x630-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/\",\"url\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/\",\"name\":\"New RBC Wealth Management survey finds interest in responsible investing continues to grow - RBC Wealth Management\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#website\"},\"datePublished\":\"2024-05-30T13:41:38+00:00\",\"dateModified\":\"2024-05-30T13:41:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New RBC Wealth Management survey finds interest in responsible investing continues to grow\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#website\",\"url\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/\",\"name\":\"RBC Wealth Management\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#organization\",\"name\":\"RBC Wealth Management\",\"alternateName\":\"RBC Wealth Management\",\"url\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/rbc.png\",\"contentUrl\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/rbc.png\",\"width\":3000,\"height\":2000,\"caption\":\"RBC Wealth Management\"},\"image\":{\"@id\":\"https:\/\/www.rbcwealthmanagement.com\/en-us\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New RBC Wealth Management survey finds interest in responsible investing continues to grow - RBC Wealth Management","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow","og_locale":"en_US","og_type":"article","og_title":"New RBC Wealth Management survey finds interest in responsible investing continues to grow","og_description":"MINNEAPOLIS (May 30, 2024) – A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing and evolving preferences toward impact investing. When asked about responsible investing strategies, impact investing \u2013 defined as investing in assets to create a measurable positive social or environmental impact \u2013 is more attractive to […]","og_url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow","og_site_name":"RBC Wealth Management","article_modified_time":"2024-05-30T13:41:39+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/share-logo-1200x630-1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/","url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/","name":"New RBC Wealth Management survey finds interest in responsible investing continues to grow - RBC Wealth Management","isPartOf":{"@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#website"},"datePublished":"2024-05-30T13:41:38+00:00","dateModified":"2024-05-30T13:41:39+00:00","breadcrumb":{"@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/newsroom\/2024-05-30\/new-rbc-wealth-management-survey-finds-interest-in-responsible-investing-continues-to-grow\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rbcwealthmanagement.com\/en-us\/"},{"@type":"ListItem","position":2,"name":"New RBC Wealth Management survey finds interest in responsible investing continues to grow"}]},{"@type":"WebSite","@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#website","url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/","name":"RBC Wealth Management","description":"","publisher":{"@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbcwealthmanagement.com\/en-us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#organization","name":"RBC Wealth Management","alternateName":"RBC Wealth Management","url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#\/schema\/logo\/image\/","url":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/rbc.png","contentUrl":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2023\/02\/rbc.png","width":3000,"height":2000,"caption":"RBC Wealth Management"},"image":{"@id":"https:\/\/www.rbcwealthmanagement.com\/en-us\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"publishpress_future_action":{"enabled":false,"date":"2026-04-12 14:36:55","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"rbcwm_solution","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"RBC Wealth Management","distributor_original_site_url":"https:\/\/www.rbcwealthmanagement.com\/en-us","push-errors":false,"last_revision_date":"2024-05-30 09:41:39","_links":{"self":[{"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_newsroom\/17988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_newsroom"}],"about":[{"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/types\/rbcwm_newsroom"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/users\/26"}],"version-history":[{"count":7,"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_newsroom\/17988\/revisions"}],"predecessor-version":[{"id":17997,"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_newsroom\/17988\/revisions\/17997"}],"wp:attachment":[{"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/media?parent=17988"}],"wp:term":[{"taxonomy":"rbcwm_solution","embeddable":true,"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_solution?post=17988"},{"taxonomy":"rbcwm_newsroom_category","embeddable":true,"href":"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-json\/wp\/v2\/rbcwm_newsroom_category?post=17988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}