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May 14, 2018 Edition
Focus on Wealth Management

Millenials and money: Financial planners reach out to new generation of investors

Renee Cordes

While most millennials are still in the phase of creating wealth, their aggregated global net worth is projected to more than double between 2015 and 2020 up to an estimated $24 trillion, according to a Deloitte report. It's just one reason wealth managers are starting to focus on millennials. Another? More than two-thirds of wealth managers' clients today are over age 60.

Today's Poll

Will your business require more in-the-office work from employees next year?
Poll Description

A survey in August asked the leaders of nearly 800 U.S. companies about their return-to-the-office policies.

Roughly two-thirds of the businesses that were polled already require some or all employees to work from the office.

Another 23% of the companies plan to implement a requirement during 2025.

Such mandates gained more attention in September when Amazon CEO Andy Jassy told employees they'll soon have to return to a five-day, in-office work week.

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