Millennials grew up in a different world than the Baby Boomer and Gen X generations. Their experiences are very tech based but not dependent. They want what everyone wants – great service at the right price. Information is not the holy grail but rather knowledge and wisdom scrapped from that information. All companies need to learn about the younger generations perceptions of their products and services. They will have real buying power shortly. Read more...
"RIAs need technology that strengthens oversight without slowing them down," said Chris Todd, Chief Executive Officer of Envestnet. "These latest Tamarac platform enhancements reflect our ongoing dialogue with independent advisors and our focus on embedding greater trading transparency, reporting flexibility, and mobile client access directly into daily workflows to help firms move faster, operate with greater accountability, and scale confidently as their businesses grow."
(Yahoo! Finance) - Underscoring Americans’ deepening concerns about affordability: Their pay gains are on the verge of being overtaken by price increases.