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Aligning your portfolio with your values

How Black families invest to advance

Our recent Invest to Advance survey shows that among US high net worth (HNW) investors, Black investors place a stronger emphasis on acquiring art and other collectibles. They’re also making an impact through sustainable investing and philanthropy.

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A collector’s culture

Art and other highly valuable collectibles like wine, coins or cars make up a larger portion of Black high net worth (HNW) investors’ wealth, and they are more likely to inherit these assets from loved ones.

% who invest in each

Art collection valued over USD 100,000

Black

Bar chart showing the Black population of HNW investors who have an art collection valued over $100,000 is 46%

Overall

Bar chart showing 19% of HNW investors, overall, have invested in an art collection worth over $100,000

Other collectibles valued over USD 100,000

Black

Bar chart showing the Black population of HNW investors who have non-art collectibles valued over $100,000 is 45%

Overall

Bar chart showing 20% of HNW investors, overall, have non-art collectibles worth over $100,000

Those who have inherited art or collectibles

Black

Bar chart showing the Black population of HNW investors who have inherited art or collectibles is 79%

Overall

Bar chart showing 49% of HNW investors in the overall population have inherited art or collectibles

Share your passion for art. Learn more about investing in art.

Making a difference through sustainable investing

Over 7 in 10 Black HNW investors allocate funds to sustainable investments (SI), far more than investors overall. They also expect comparable or better returns than traditional investments.

HNW investors who allocate funds to SI

Black

Bar chart showing the Black population of HNW investors who allocated funds to SI is 70%

Overall

Bar chart showing 46% of HNW investors in the overall population allocate funds to SI

Seeking returns

  • 0 %
    expect comparable or better SI returns compared to traditional investments
I want my legacy to be that I was a person who helped people like me, and made them smile.
Jamie, 51

% who say it’s highly important their investments make a positive …

Social impact
(equality, inclusion, community development)

Black

Bar chart showing the Black population of HNW investors who say they want to see their investments make a positive social impact (equality, inclusion, community development) is 26%

Overall

Bar chart showing 9% of HNW investors in the overall population want the same

Governance impact
(board diversity, business ethics)

Black

Bar chart showing the Black population of HNW investors who say they want to see their investments make a positive governance impact (board diversity, business ethics) is 72%

Overall

Bar chart showing 38% of HNW investors in the overall population want the same

Environmental impact
(climate change, pollution control)

Black

Bar chart showing the Black population of HNW investors who say they want to see their investments make a positive environmental impact (climate change, pollution control) is 71%

Overall

Bar chart showing while 49% of HNW investors in the overall population want the same

Top 5 areas of SI focus

  • 0 %
    Ethics
  • 0 %
    Pollution & waste
  • 0 %
    Racial equity
  • 0 %
    Water
  • 0 %
    Products & services

Ready to get started with SI? Invest to drive change

Realizing change through philanthropy

Black investors are more than twice as likely to see themselves as philanthropists and plan to leave a larger portion of their wealth to causes they support.

“I’m a philanthropist.”

Black

Bar chart showing the Black population of HNW investors who consider themself to be a "philanthropist" is 50%

Overall

Bar chart showing 20% of HNW investors in the overall population think of themself as a philanthropist

Proportion of wealth they plan to leave to important causes

Black

Bar chart showing the proportion of wealth the Black population of HNW investors plan to leave to important causes is 40%

Overall

Bar chart showing the proportion of wealth the overall population of HNW investors plan to leave to important causes is 23%

Main areas of philanthropic interest

Helping the less fortunate

Advocating social justice

Supporting educational programs

Is philanthropy a part of your legacy? Maximize your impact.

We want to hear from you

When it comes to building wealth, what have your experiences been? What’s important to you? How well has the financial industry met your needs and what could they do better?

 

Connect with us

Experts working to create an inclusive investor experience

It's time to make your hard-earned wealth work for you, and UBS is here to support you.

Portrait of Melinda Hightower

Melinda Hightower

Managing Director

Head, Multicultural Client Segment

Wealth Management USA

(888) 660 5750

Expiration: 9/30/2024 Approval date: 9/28/2023 Review Code: IS2305819