Financial Planning for Millennials: Yes, You Can Afford It - DailyFinance -


Why the Financial Services Profession is Changing
  • Gen Y advisers see that their peers are not being serviced but are asking great financial planning questions (for example, "Should I contribute to a 401(k) or a Roth IRA?").
  • There's a shift afoot to get away from pushing commissioned products that clients don't actually need.
  • Advisers want to serve a broader client base, regardless of their accumulated assets.
  • Advisers are placing greater emphasis on the power of financial planning, rather than focusing solely on investment advice.