Alexandra Cole, founder of Purpose Generation, recommends that advisors seek to diversify their client base just like they diversify their clients’ portfolios.
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Advisors Are Missing Out on Millennial Opportunity
- Saturday, May 11 2019
- News Roundup
- Written by PFA News
According to data from marketing consulting firm Purpose Generation, only 30% of advisors pursue clients under the age of 40, which could be a mistake because Baby Boomer clients are beginning to spend their wealth rather than accumulate assets. So reports Financial Planning.