This guide, produced with support from Schroders, provides first-of-its-kind insight into the state of the UK's wealth management impact offering, the challenges to unlocking greater levels of adoption and how leaders in the space have overcome these hurdles to build successful impact propositions.
Wealth managers are in a privileged position, acting as long-term financial stewards, often building trusted, multi-generational relationships. This makes them key gatekeepers, enablers and influencers for wealth holders looking to align their capital with their values. In a world facing many urgent challenges, investment clients of all kinds are seeking more purposeful approaches to managing and building their wealth.
However, this growing base of investors is not always being served effectively. Their purpose-driven capital therefore risks being under-allocated to the causes it is intended for, at a time when there is a pressing need to help fund the environmental and social solutions of the future.
Crucially, through this misalignment, wealth managers are missing out on a long-term commercial opportunity to help future-proof their business.
Drawing on interviews and surveys with wealth management professionals, as well as four case studies of investor practice, this guide shows how the sector is thinking about impact investing, details the experiences and learning of impact wealth management pioneers – from boutiques to global businesses – and provides a practical roadmap for those seeking to establish or further develop an impact offering of their own.