Financial advisors aren’t interested in Millennials, and vice versa.

Financial advisors aren’t interested in Millennials, and vice versa. A recent survey of 500 advisors revealed some age discrimination, finding that only 30% are actively looking for clients under 40-years-old. They may prefer Boomer clients with bigger financial profiles, but the industry “can’t ignore younger clients forever“ as the older generation becomes less profitable each year. (Bloomberg)