Consider the Source – Philanthropy to Investing: Where Does Impact Fall?

Philanthropy and investing are two major parts of our lives and overall financial picture. With philanthropy, we give our time and money to a cause that we feel is important in hopes of making the world a better place. On the other hand, when we invest, we loan our money to a company or buy shares in a company with the goal of earning back more than we initially put it. And then there is impact investing, a strategy that has been brought to the forefront of wealth planning in recent months and seems to fall somewhere in the middle between philanthropy and investing, albeit in a way that is more complicated than it may seem.

For this episode of our “Consider the Source” video series, Omnia Family Wealth Co-Founder and Chief Operating Officer Michael Wagner aims to paint a clearer picture of what impact investing is and where it lays on that spectrum of philanthropy to investing.

Wagner specifically explains:

• What impact investing is and the role it plays in both portfolios and the world
• An overview on Environmental, Social and Governance (ESG)
• The importance of Sustainable Development Goals (SDG)
• How impact investing encompasses both ESG and SDG
• How to determine if impact investing is right for you

During the video, Wagner emphasizes that there are a lot of great opportunities out there when it comes to impact investing. However, it is crucial to make sure that there is a process involved and that you are using the proper tools available.

As always, please do not hesitate to contact us with any questions. We are available via email or phone at (305) 602-9080.

This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this content. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. You should not treat any opinion expressed as a specific inducement to make a particular investment or follow a particular strategy but only as an expression of opinion. Discussions of strategies or investments are not investment recommendations. You should be aware of the real risk of loss in following any strategy or investment. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you.

Omnia Family Wealth, LLC (“Omnia”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Omnia and its representatives are properly licensed or exempt from licensure.

When an investment process considers environmental, social and governance factors, the advisor may choose to avoid investments that might otherwise be considered, or sell investments due to changes in ESG risk factors as part of the overall investment decision process. The use of environmental, social and governance factors may impact investment exposure to issuers, industries, sectors, and countries, potentially resulting in higher or lower returns than a similar investment strategy without such screens.