Are Millennials the Biggest Opportunity for Wealth Management Firms?

By Sima Patel via

2008, the year the financial world stopped being glamorous and suddenly became really…uh interesting. A decade of economic ups and downs (all normal and cyclical) combined with an abundance of vague regulatory standards and rapid technology disruption (not so normal), has taken the industry…particularly the wealth management space…for a transformative ride.

I am a millennial (a proud one).

I have investable assets (considered ‘affluent’ per most millennial study categorizations).

I do not have a financial advisor.

And I am not opposed to one…I do value advice.

But most advisors ignore my wealth (I guess money isn’t money).