New research finds three reasons for increasing the proportion of younger clients in advisors’ books
The younger generation sets bigger savings target for retirement than boomers
In this week’s Gaining Altitude, Dan Richards, CEO, Client Insights, explains why account minimums may damage your business by diverting millennial clients away from top-tier advisors. He gives tips on navigating account minimums going forward.
Determining the risk profile of young investors is more critical than following traditional rules
Insurers need to turn their attention to attracting the younger generations as clients
Invite clients’ children to meetings and relationship-building events
To woo this generation, you must appeal to these four key traits
Younger Canadians are more optimistic about saving for retirement, but are less likely to take action
Vast majority say banking apps have given them more control and improved their overall financial standing
Though saddled with more debt and costlier homes, young people, have a little more spending power