Younger generations will disrupt the market for investment services
- Gen Xers and Millenials have very different priorities than Baby Boomers in regards to investing
- Many of the differences stem from fundamentally different, and worse, experiences with investing
- Gen Xers and Millenials are much more willing to embrace technology to solve problems efficiently
|
|
Areté's Take:
- The technological tools and consumer behaviors necessary for significant change already exist
- The inefficient delivery of investment services will ultimately be corrected as a function of economic necessity
- Successful providers of investment services in the future will look very different from those of today
- There is absolutely demand for investment expertise, but it will have to be delivered efficiently
©2023 Arete Asset Management | See our Disclosures