Advisors Flocking to Social Media, but Still Misunderstanding Clients
Advisors view social media as an increasingly important tool to engage clients. At the same time, they significantly overestimate clients’ investment savvy and risk appetite.
Boomers Will Have $22T in Retirement Assets by 2020
Investable retirement assets among Americans over 55 are expected to reach $22 trillion by 2020, according to LIMRA.
Less-Trusting Millennial Investors Pose Challenge to Advisors
Millennial investors have emerged from two boom-and-bust cycles more conservative about investing and more skeptical of financial advice than older generations, according to an Accenture survey.