Impact Investing in the Era of Black Lives Matter

How we choose to invest our money and even which banks we park it in can help bring about social change. You might not think you, as an individual, can make a difference – but you can.

A pair of hands (one white and one Black) clasp in a handshake.
(Image credit: Getty Images)

Both Black Lives Matter and COVID have made more Americans aware of our society’s major racial disparities. In fact, since COVID’s start, investors have become considerably more interested in making impact investments that will benefit people of color. But that begs the question: Can the sustainable/impact investing movement have any impact on societal discrimination?

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

Sandbox Financial Partners, LLC, is a registered investment adviser. This article is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any action with respect to your portfolio. If you have any questions, please contact the firm at or 301-214-4190.


This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

William Bruno
Vice President, Sandbox Financial Partners

William Bruno has helped clients with financial planning and asset management for more than 15 years.  He is now a Vice President at Sandbox Financial Partners, a boutique financial advisory firm based in Bethesda, MD. During his work as a financial adviser he has published articles on sustainable and impact investing and served on the Committee on Sustainable Investing of the Episcopal Diocese of Washington, D.C. Mr. Bruno's prior career was in public policy and government.