Wednesday, February 22, 2017
U.S. Trust President Says 'It's Standing Room Only' In Impact Investing
In years past, few Merrill advisors would attend a breakout session for impact investments at the firm’s annual education conference. That’s no longer the case.
“We’re to the point that it's standing room only,” said Keith Banks, head of Bank of America's Chief Investment Office (CIO) and Investment Solutions Group, and president of U.S. Trust. “The big drive there, when it really comes down to it, is the client.”
An increasing number of wealth...