This really depends on one’s clientele. If you serve trust fund babies, who inherited their money — they did not earn it themselves— then paying lip service to their latest temper tantrum is part of your job. Being a nanny might be the majority of your job. Taking care of infants is exhausting, and you have my sympathies.

For the other 99.5% of the population, this ESG virtue signaling is crap. Most people are struggling to save enough for retirement and can little afford to invest in politics.

In practice (not in rhetoric) ESG fund holdings are remarkably similar to active fund holdings ... and for similar reasons tend to underperform index solutions.

Like active funds, the high fees of ESG are good for advisors — and after following those spoiled brats around all day you probably deserve extra compensation... for the nanny work, not the investment.