From Yahoo Finance: 2025-04-07 10:09:00

Sustainable wealth manager EQ Investors is considering a potential sale with the help of a corporate finance adviser. Founder John Spiers cites AI’s impact and concerns over charity ownership. The firm emphasizes maintaining core values and client service in any transaction. Several options are being explored, prioritizing staff and client well-being.

The founder initially planned to leave his shares to the EQ Foundation but now sees limitations. AI’s influence and the need for additional capital are driving factors for the potential sale. Despite being profitable, EQ Investors is open to partnership if it benefits staff and clients. The process is active, with various options under consideration.

In a strategic move, EQ Investors partnered with Fintegrate in 2021 to expand portfolio accessibility for advisers. The company aims to reach more clients with its Positive Impact and Future Leaders portfolios. The decision to explore a sale is driven by long-term growth considerations and the evolving landscape of sustainable investing.

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