In the wake of the Florida High School mass shooting, some Americans are looking for ways to take the issue of gun control into their own hands, or wallets. Todd Scorzafava is a Lead Partner of Wealth Management at Eagle Rock Wealth and he joins Cheddar to explain how investors can manage their funds in a socially-minded manner.
Scorzafava explains that most passive investors most likely have gun-related stocks in their investment funds. Scorzafava says that if investors want to get out of those funds, they should work with their advisors and companies to find socially-minded funds or targeted ETFs.
Scorzafava explains that with ETFs investors can understand exactly what is in each of their portfolios. He is seeing an increase of millennial interest in that investing option.
Many Americans do not take advantage of their employers' perks and benefits that are available to them. Eric Calciano, lead benefits advisor with New City Insurance, joined Cheddar News to discuss the range of offerings that you could be missing out on.