Investors are interested in going green with their portfolio, but advisers are failing to even suggest investing in it, according to a Roper Center poll.
In the online poll, conducted in December and commissioned by
Over 70% of those polled said that they would need an adviser to guide them, but more than 80% of those already working with advisers said their adviser had yet to recommend a single environmental opportunity.
Money invested worldwide in energy technologiesincluding venture capital, project finance, public markets (such as initial public offerings), and research and development rose 60% last year, to $148.4 billion, according to the research firm
Steve Schueth, an adviser who has served this market for 20 years and is now the president of the independent advisory firm
In the 1990s, when Schueth worked at
And practically speaking, there were not a lot of financial vehicles to offer back then, Schueth said. There was just not much green product.
Today, nearly one of every nine dollars under professional management in the United States is invested in socially responsible ways, according to the