Intelligence

Are Financial Advisors Driving Millennials Away?

A new study shows that client attrition rates for millennials are four times higher than other demographics, and that its advisor communication efforts, and not lack of technology, that are driving younger clients away. In this article, I need financial experts and millennial clients to weigh in on the topic of younger financial clients and increased attrition rates. is all about communications? is the problem overblown? What can advisors do to better meet the needs of younger clients, who obviously have different demands than their parents and grandparents?