A recent Edward Jones survey found that even though more people are using AI for guidance, they don’t trust it nearly as much as they do human advisors.
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The role of the advisor is becoming increasingly central as Great Wealth Transfer inheritors increase allocations to assets like crypto and private equity.
Users can ask the glasses to live-translate more than 20 languages, provide turn-by-turn walking directions, take calls, play music and more.
Survey data shows many Gen Zers are seeking partners who are smart with money, a reflection of current economic reality for young Americans.
Taking an extended break mid-career is the new goal for many young workers, but experts warn it can be more expensive than it looks.
Survey data and advisors’ anecdotal experience show an emerging interest among younger generations in values-based investing.
It’s a prime opportunity for advisors who are looking to court the next generation of clients, according to a recent Schwab survey.
Advisors say some clients are driven solely by the fear of running out of money, rather than an actual need to continue working.
Nike is trying to make a comeback under CEO Elliott Hill, who started in 2024 at a time when the shoe company seemed to veer off course.
Gen Z currently prefers individual stocks, but those that do own ETFs value advisor recommendations more highly.
The head start and greater financial confidence is translating to more younger clients for advisors.
As of early December, US retail store closures were up 13.2% from the same period in 2024, according to a report from Coresight Research.
Some 90% feel financial anxiety, but many of those same people are somewhat confident they’ll be able to retire comfortably, per a Betterment report.
Gone are the days where you had to wander endless thrift stores and sift through racks to find the perfect pair of previously owned jeans.
Younger investors are also more concerned with transparency and digital capabilities than returns and performance, SIFMA and KPMG found.
Just 54% of US adults said they consume alcohol in a recent Gallup poll, marking the lowest level in the survey’s roughly 90-year history.