Millennials challenge advisors

Millennials aren't turning to financial advisors to help with investingnot with retirement, nor with other financial challenges, such as educating their kidsbut maybe that's an opportunity.

By Marlene Y. Satter | Updated on September 02, 2015

When it comes to money, millennials are different. Advisors can’t approach them as if they were members of older generations and expect the same kind of success they may have enjoyed with older investors.

That’s according to a Spectrem Group report, “The Investing Habits of Millennials,” which finds that despite the financial challenges their generation is dealing with, they’re still optimistic about having enough money for a comfortable retirement.

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