Millennials

Industry

Advisors must offer collaboration, convenience: IIAC

Industry changes call for advisors to help clients meet life objectives through value and convenience

By Staff, with files from The Canadian Press |May 3, 2017

2 min read

Industry

38% of insolvent millennials use payday loans

It’s no secret Canadians are cash-strapped, with previous research suggesting many aren’t contributing enough to RRSPs and TFSAs. But, for those who face the extreme of insolvency, daily expenses can be insurmountable, let alone contributing to savings plans. The average insolvent Ontarian uses most of his income to pay for necessities such as housing and […]

By Staff |March 27, 2017

2 min read

Industry

Help young clients become tax-savvy

Some young Canadians rely on their parents to file their taxes.

By Staff |March 21, 2017

2 min read

Industry

Win the wealthy clients of the future

Their reasons for not working with you are daunting, though.

By Staff |March 8, 2017

3 min read

Robo-advisors trying to build trust for likely market correction

With stock markets trading at or near all-time highs, an increasingly likely market correction means newer investors, like millennials, might unwisely pull their investments when the going gets tough. To avoid that scenario, robo-advisors are working at educating clients to remain focused on their plans through market ups and downs. At Wealthsimple, for instance, a […]

3 min read

82% of Canadian millennials expect to buy homes soon

The generation that disrupts business by demanding customization and embracing the sharing economy is showing a more traditional side when it comes to home ownership. That’s because a whopping 82% of Canadian millennials say they intend to buy a home in the next five years, reveals an HSBC study. Further, more than a third (34%) […]

By Staff |March 1, 2017

2 min read

Consider ESG investments for millennials, longer-term investing

When it comes to investing, millennial clients rank environmental, social and governance (ESG) factors as equally important as investment outcomes, reveals a global investor survey by Schroder Investment Management. Compared to older clients, millennials rate the importance of world-based social outcomes, like poverty and climate change, higher (6.4 out of 10 for older clients versus […]

By Staff |December 1, 2016

1 min read

Only 12% of millennials confident enough to make mortgage decisions

If your millennial client is buying her first home, she may have mortgage concerns that need to be addressed. That’s because only 12% of Ontario millennials likely to get a mortgage say they feel very confident they know everything they need to know to make the best decisions, reveals a survey by the Financial Services […]

By Staff |November 24, 2016

1 min read

Millennials

Advisors must offer collaboration, convenience: IIAC

38% of insolvent millennials use payday loans

Help young clients become tax-savvy

Win the wealthy clients of the future

Robo-advisors trying to build trust for likely market correction

82% of Canadian millennials expect to buy homes soon

2 ways to rejuvenate the financial planning industry

Consider ESG investments for millennials, longer-term investing

Do your clients have emergency funds?

Only 12% of millennials confident enough to make mortgage decisions