Are advisors avoiding millennials?

Many advisors aren't focusing on attracting millennial clients, says the Advisor Anxiety Survey from Hartford Funds. And they're averse to other issues as well.

By Marlene Y. Satter | Updated on August 17, 2015

Advisors aren’t pursuing millennials as clients, despite their potential suitability, and overall, they’re expecting client risk aversion to almost double in the next 12 months.

Those are just some of the findings of the third annual Advisor Anxiety Survey from Hartford Funds, which also revealed that 56 percent of advisors, when asked how much they focus on attracting millennial clients, replied “less than other age groups” or “not at all.”

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