SAN FRANCISCO, October 27, 2026 – Toniic and The ImPact, two global communities of impact-focused private wealth holders representing hundreds of billions of US dollars in investable wealth, are inviting wealth managers worldwide to set out, in a standardized format, how they serve clients who want their wealth to deliver positive impact.

Members of both communities are families, foundations and individuals, many of whom report a persistent gap between what they need from their wealth managers on impact and what the market currently offers.

The initiative, called the Market RFP for Impact Wealth Management is a questionnaire for wealth managers. It has three aims: to give wealth managers a clear picture of what this client segment expects; to give wealth holders a shared basis for identifying the managers best suited to them; and to reduce the burden on firms to answer the same questions for every prospective client.

The launch coincides with the public release of Toniic’s Guiding Principles for the Impact Wealth Management Relationship for impact-oriented clients. These consist of 18 principles, several of which challenge the traditional approach to wealth management. It also builds on The Investor Guide for Impact Wealth Management (2025) co-authored by The ImPact and the Center for Sustainable Finance and Private Wealth.

“For years we’ve explained to wealth managers, one firm at a time, what services we need. This Market RFP addresses the entire market at once, giving firms clarity on client needs and giving clients better visibility into available options.”

Adam Bendell, Co-Chair of Toniic’s Wealth Management Working Group

“The families in our community want their capital to reflect their values, and their advisors play a big role in making that happen. By asking the market the same questions, in the open, we hope to start a better conversation between those who hold wealth and those who advise them.”

Claudia Coppenolle, Regional Director for Europe, Middle East and Africa at The ImPact

Responses will feed into a public directory of provider profiles, and a private database for network members. Selected firms may be invited to present at a showcase event in early 2027. The initiative does not involve scoring, ranking, or collective selection. Members will use the results to choose their own advisors independently.