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The Most Socially Responsible Investing Apps for 2022

By 
Eve Halimi

Investors today are more ethically conscious than ever before. As such, the primary consideration for investing right now isn’t just financial profit. Rather, ESG is also an important factor that determines the investment choices of investors and more so those of the young generation.

Therefore, are you an investor who wants to promote environmental sustainability, respect for human rights, and ethical governance even as you invest and generate wealth? The following are some of the most socially responsible investing apps for 2022 you should consider using:

The most socially responsible investment app for 2022 #1: Betterment

Low fees and zero account minimum requirements are not the only qualities that make Betterment a desirable investing app in 2022. Rather, as the name suggests, Betterment is all about making the world a better place through socially responsible investing.

The pioneer Robo-advisor makes socially responsible investing accessible by offering investors ESG-optimized ETFs with low fees. This makes it easier for people to invest responsibly hence placing Betterment among the most socially responsible investing apps for 2022.

The most socially responsible investment app for 2022 #2: M1 Finance

Similarly to Alinea Invest’s unique “investing playlists,” M1 Finance uses intriguing terms such as “investing pies” to describe its investment offerings. Inarguably, M1 Finance is among the most socially responsible investing apps for 2022.

This is because it simplifies socially conscious investing by offering investors socially responsible portfolios through pre-made investing pies constituted of SRI funds that earn investors annual dividends.

And know what’s better? Customizable, ESG-focused investing pies are also available on the M1 Finance platform. All these features make M1 Finance among the best socially conscious investing platforms in the market.

The most socially responsible investment app for 2022 #3: OpenInvest

In the quest to achieve more socially responsible and impactful investing, many platforms have adopted the practice of screening companies with the view of establishing their commitment to ethics, sustainability, and human rights.

As such, OpenInvest is among the most socially responsible investing apps for 2022 as it lists stocks in environmentally conscious companies, those that support LGBTQ rights, and those that adhere to ethical best practices—all at very affordable management fees.

The most socially responsible investment app for 2022 #4: SoFi Invest

As part of its effort to ensure socially responsible investing, SoFi Invest has an investment package known as the “Doing Good” collection. This collection is constituted of SRI stocks and ETFs of socially-conscious companies that are, well, committed to doing good.

Some of these socially conscious entities include Regional Management Corp. (RM) and Oracle (ORCL). This along with affordable minimum investment amounts and zero management fees earns SoFi Invest a spot among the most socially responsible investing apps for 2022.

 

The most socially responsible investment app for 2022 #5: Axos Invest

Axos Invest is a unique Robo-advisor that offers investors a more targeted means of investing responsibly. This is because its investment selections cover everything from environmental sustainability to gender inclusivity.

Besides being one of the most socially responsible investing apps for 2022, Axos Invest platform services are available at no cost. Therefore, you should definitely consider this investing app if you are looking to make more impact through your investment.

The most socially responsible investment app for 2022 #6: Ellevest

Ellevest is without a doubt one of the most socially responsible investing apps for 2022. Co-founded by seasoned investment professional Sallie Krawcheck, Ellevest’s primary focus is on enabling women and all other gender identities and expressions to invest more easily.

As a Robo-advisor, Ellevest tailors its financial literacy and coaching, online investing, and private wealth management services for women algorithmically. Consequently, it ensures increased inclusivity, asset class diversity, higher sustainability standards, and ethical investing.

The most socially responsible investment app for 2022 #7: Personal Capital

Personal Capital features on our list of the most socially responsible investing apps for 2022 as it offers investors the option to categorize their investments according to whether they are environmentally, socially, or governance oriented.

Through an efficient investment screening architecture, Personal Capital seamlessly exempts those investments that are not socially responsible or ESG-optimized from your portfolio. This way, it effectively enables you to achieve your ethical and responsible investing goals.

Stake your claim to wealth today with Alinea Invest

For the modern investor, an efficient and trustworthy is desirable but no longer enough. You need an investing app that also has services and features which are tailored to suit your individual investing needs as well as your ESG values.

That is why you should choose Alinea Invest as your primary investing app that is not only efficient and secure but socially responsible as well. Open your investing account and start enjoying customizable investing portfolios, bank-level security, and social investing!

(i) Disclaimer

The Content is for informational purposes only, you should not consider any such information or other material as investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by Alinea Invest or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction. When investing your capital is at risk.

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