03.03.26

Complexity Is Rattling Millennials’ Financial Confidence

by: James Rogers

A study by Equitable highlights that while nearly 70% of millennials expect to inherit wealth, only 27% feel confident making complex financial decisions, signaling a major opportunity for financial advisors. Millennials anticipate receiving cash, real estate, personal valuables and investment assets, but confidence drops sharply as their financial situations become more intricate. Despite being comfortable with digital tools, most prefer personalized guidance, with 27% favoring advisors alone and 41% favoring a hybrid of technology and human advice. Advisors can help this generation navigate inheritances, plan holistically and integrate family values into long-term wealth strategies as millennials enter peak earning and wealth-building years.

Read the full article on InvestmentNews