Millennials stand to inherit $30 trillion (U.S.) in assets over the next three decades. Understandably, investors, and the rest of the world, have a major interest in how these young people will choose to invest their inheritances. Understandably, no matter what industries these young people ultimately choose to endorse, their actions will have an impact on the world.
Alexandra Peterson Cart, a co-founder of the impact investing consulting firm Madeira Global, is one young millennial who sees impact investing as a way to weave together the impulse to make money with a desire to help others. At Madeira, Cart advises clients with a net worth of $5 million (U.S.) or more on how to see the largest returns while doing the most social and environmental good.