An estimated $260 billion is invested according to biblical principles, with about a quarter of the approximately 90 faith-based funds launched since 2015
That question is spreading in the investing world, as evangelicals and other Christians seek investment management and financial planning to match their interpretation of biblical principles. The latest sign of the rise of faith-based investing was the launch of the Inspire International ESG exchange-traded fund on Sept. 30.
SHARE YOUR THOUGHTS Do you make investment decisions in accordance with your religious values? What do you think of the practice? Join the conversation below. Biblically driven clients have been “an underserved majority,” says Mr. West. “We don’t tell our advisers, ‘This is what’s right or wrong.’ Faith-based investing is a personal conviction on the part of the client.”
Precisely because you might drop your guard with someone who says he shares your faith, you should always check a biblically oriented adviser’s background with extra care at brokercheck.finra.org and adviserinfo.sec.gov.
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