4/18/2024 10:48:16 PM Forget boomers vs millennials, the next conflict is millennials vs each other By FinTech Collective Although the average millennial is less wealthy than boomers at their age, the richest far exceed their older counterparts. This has...
6/15/2023 3:32:50 PM More young bank customers want in-person financial advice By FinTech Collective According to J.D. Power's 2023 U.S. Retail Banking Satisfaction Study, people under age 40 are looking to actively seek out in-person...
6/26/2020 12:15:19 PM Woke funds are having a moment as Millennials invest more By Carlos Alonso Torras For years, there have been mutual funds and ETFs focused on companies scoring well on various environmental, social and governance...
3/20/2020 5:32:32 PM Millennials prefer apps to humans, for financial advice By Faisal Kawar 46% of millennials say they prefer to learn about finance on a website, and only 25% would go to an in-person expert. A Gallup study...
3/15/2019 7:08:38 PM Where millennials turn for financial advice By Gareth Jones Shunned by traditional advisers the FT explores where younger investors are going for their financial advice.
11/30/2018 8:25:42 PM Why Aren't Millennials Spending? They're Poorer Than Previous Generations, Fed Says By Gareth Jones Despite millennials' much maligned, unofficial hipster status, the Fed's study indicates they're pretty mainstream and quite poor!
9/14/2018 9:25:10 PM How to Retire in Your 30s With $1 Million in the Bank By FinTech Collective Some millennials are embracing a movement now as FIRE - or "financial independence, retire early." The followers of FIRE work for a...
6/29/2018 12:19:24 PM UK Millennials favour shares and bitcoin over home ownership By Gareth Jones A recent UK survey shows that three-quarters of British millennials would rather put their money in shares, bonds or bitcoin rather than...
6/2/2017 12:22:22 PM Millennials aren’t buying homes because they’re frittering away their cash on avocado toast By Gareth Jones A 35yr old Aussie property mogul has been ridiculed on the internet for claiming on national TV the reason Millennials aren’t buying...
1/20/2017 8:08:57 PM Millennials are rejecting the traditional investment model, but will they have any money to invest? By Gareth Jones And here is the data (from Pitchbook and the FT): Baby boomers have fueled the growth of a $71tn asset management industry over the past...
8/19/2016 6:17:30 PM 4 ways millennials are smarter about money than boomers By FinTech Collective A recent TD Ameritrade survey indicates that millennials may have better habits in terms of budgeting, saving, seeking professional...
4/17/2015 6:24:15 PM Openfolio featured as an example of how social features can encourage investment By FinTech Collective Our portfolio company, Openfolio, was highlighted by Mashable as one of a new wave of financial apps that is helping millennials make...
2/7/2015 10:51:53 PM Millennials Are 10x More Likely to Use P2P Lenders Than the +50 Set By FinTech Collective While the proclivity for millennials to use P2P lending services (especially compared to the baby boomer generation) is something we've...
11/13/2014 3:00:12 AM Millennials Have Negative Savings Rate By Brooks Gibbins Low income levels and high debt are just two of the factors.
8/6/2014 3:37:05 AM The Recession Generation: How Millennials Are Changing Money Management Forever By Gareth Jones They're richer than you think. They're more scared than their elders. And they're ripe for the picking. Millenials will change the face...
6/27/2014 2:52:03 AM Why Millennial Women Have a Money Problem By Gareth Jones It's a bold headline, but a recent survey from Wells Fargo surfaced stark and ominous data that the income gap between genders is growing...