Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Evaluating the Millennial Generation’s Influence on Fintech
ShareTweet
Home
Fintech
Evaluating the Millennial Generation’s Influence on Fintech

Evaluating the Millennial Generation’s Influence on Fintech

Fintech Nexus Staff·
FintechNews Roundup
·Jan. 23, 2017·1 min read

Millennials are becoming more influential in the market for financial advice and investment management; currently a $71 trillion business, baby boomers have been the leading drivers over the past three decades; millennials however are gaining increased consideration since they now account for the greatest majority of the population in the US and UK; while they currently only hold a small percentage of the asset management market with $250 billion invested, venture capitalists are taking bets on their potential influence; the tech savvy generation has greater preference and confidence in tech powered solutions than the baby boomer generation with 85% of UK-based millennials surveyed by Legg Mason Global Asset Management reporting they were comfortable with robo advice while only 37% of investors aged 40 to 75 trusted online advice; leading robo advisors have initially attracted the attention of millennials however it’s likely that more traditional asset managers will expand their offerings to capitalize on the growing opportunity.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

    View all posts
Tags
lisrobo-advisors
Related

What’s Next for Fintech: The Future of Retail Investing

Scalable Capital Raises $58M at a $460M Valuation

Wealth Management Industry Faces Digital Test

How Coronavirus Could Affect Fintech

Popular Posts

Today:

  • Stablecoins Rapid RiseThe Precarious Framework Underpinning Stablecoins’ Rise Aug. 19, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (2)Peer-Picked: Female Fintech Founders on the Rise Aug. 12, 2025
  • VercelType It, Ship It: Vercel Wants Everyone to Be a Coder Aug. 20, 2025
  • Future Nexus Fintech IssueStablecoins on the Menu as Fed Meets in Jackson Aug. 19, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (3)Future of Fintech: Female Founders in Focus Aug. 14, 2025
  • Ben Hemani, Founding Partner at Bison VenturesThe Risk and Reward of Betting Big on AI’s Next Frontier Jun. 4, 2025
  • July 30th FN AI articleThe AI-Powered Ad Machine Jul. 30, 2025
  • Newsletter-graphicBig Tech’s Billion-Dollar Binge Aug. 13, 2025
  • Dana Warren and Brendan Dickinson“Early-stage founders and leadership teams are used to one constant: change” Mar. 6, 2025
  • Fintech ForecastWhy Every Lender Should Be Using Cash Flow Underwriting Today Jul. 29, 2025

This month:

  • Penny LeeThe Battle for Open Banking’s Future Jul. 10, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (2)Peer-Picked: Female Fintech Founders on the Rise Aug. 12, 2025
  • Fintech ForecastWhy Every Lender Should Be Using Cash Flow Underwriting Today Jul. 29, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (3)Future of Fintech: Female Founders in Focus Aug. 14, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Newsletter-graphicBig Tech’s Billion-Dollar Binge Aug. 13, 2025
  • Fintech Forecast (2)Consulting the crystal ball— which 2025 fintech predictions came true, and what’s in store for the rest of the year? Aug. 7, 2025
  • Chris Taylor Fractional AIFractional AI’s CEO Chris Taylor on Scaling the Unscalable Jul. 23, 2025
  • Nova Credit Nikki CrossNova Credit Sees BNPL Flashing Consumer Warning Signs Aug. 5, 2025
  • FN articleVisa’s Director of Product Management on BNPL’s Future Jul. 22, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results