Warren Buffett

Is Impact Investing the Way of the Future?

Is Impact Investing the Way of the Future?

By Chris L. Meacham, CPA,

Cornerstone Wealth Management

The next generation of investors is estimated to inherit $41 trillion from the baby boomers, and trends are revealing that impact investing will not only be part of mainstream wealth management, but it may become the core-portfolio. With that in mind, some of the biggest names in the financial service industry – Morgan Stanley, UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. – have already made plans to establish or increase the activities around impact investing.

According to the Global Impact Investing Network (GIIN), impact investments are...