Articles in "Millennials" category:

Powering Communication

  John Diehl     Thu Nov 01 09:00:00 EDT 2018 

Evolving technology, such as robo-advisors and do-it-yourself investment platforms, has made investing available to everyone, and has made it necessary for financial advisors to demonstrate value beyond investment picking. Luckily, financials advisors have the power of two-way communication; unlike technology, advisors have the ability to listen to their clients and respond by providing personalized solutions for living within their financial means.

From a recent survey of financial advisors, we found that communication between advisors and their clients is escalating, and that trend is expected to continue. In this vein, technology doesn’t need to be a threat to advisors, but rather a tool they can use to enhance their practice. Here are a few ways advisors can leverage technology to communicate more efficiently and conveniently with their clients.

Ten Years Later: How the Financial Crisis is Still Impacting Investors

  John Diehl     Tue Nov 28 09:30:00 EST 2017 

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Ten years ago, the U.S. housing market collapsed, which triggered the start of what is known as the Great Recession. Now that a decade has passed, Hartford Funds conducted a survey to find out how Americans were impacted and whether they changed their financial behaviors as a result. Three key points emerged from this survey that financial advisors may find to be particularly useful.

X Marks the Spot

  Bill McManus     Wed May 10 09:15:00 EDT 2017 

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For several years now we have listened to the constant drumbeat about the importance of reaching out to the millennial generation to maintain and grow a successful financial advisory practice. However, when we look at the immediate opportunity for advisors, we may need to focus on a different segment of the population: Gen X.

When a Millennial Isn't a Millennial

  Bill McManus     Tue Jan 10 09:30:00 EST 2017 

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The ball has dropped, the calendar has flipped, and we’re now easing into 2017, which means that each demographic cohort (Boomer, Gen X, Millennial) will be reaching new milestones.  The oldest Boomers will be turning 71; Gen X will move one year closer to retirement; and the youngest Millennials will all be driving. But those milestones, and frankly, those labels, don’t account for everyone, so while they serve as helpful guidelines, they shouldn’t be used as rules.

As we start a new year, maybe it’s time to take a fresh approach to how we view a certain group, both as potential clients and partners.