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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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May 26, 2015 Millionaire Fact of the Day

May 26, 2015 Fact of the Day: Why do Affluent Investors avoid socially responsible investing?  

 

 

DID YOU KNOW THAT ALMOST HALF OF WEALTHY HOUSEHOLDS DO NOT CURRENTLY HAVE ANY SOCIALLY RESPONSIBLE INVESTMENTS?  

 


 

 

 


 


 

Why do these wealthy investors avoid socially responsible investing?

According to research recently conducted by Spectrem Group, the primary reason many investors do not have socially responsible investments is because 57 percent of investors indicate that their investment objectives are purely financial.  More than a third of investors (35%) indicate they have never really thought about social responsibility when they are investing.  Thirty two percent feel that most companies claiming “social responsibility” is merely public relations.  Twenty percent of investors believe that corporations should do anything they can to generate profit and individuals can use their investment returns for providing social change.  Ten percent feel that social responsibility is not a corporate responsibility.

Men are more likely to indicate that their investment objectives are merely financial as are the wealthiest investors.  Older investors are also more likely to feel that corporations should generate a profit and social investing is something one should do on your own.

Are you interested in socially responsibility when investing?  If so, talk to one of our Best Advisors……….