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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Currently, millennials’ combined financial assets come up to $4.5 Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. trillion in wealth.

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Meeting Diversifying Wealth Management Needs in 2021

PopularBank

As we look to the year ahead, diversifying wealth management needs and client expectations continue to challenge financial consultants and advisors. The Great Wealth Transfer will continue to drive diversifying wealth management needs in 2021. By 2030, this group will be in control of more than $15 trillion of inherited wealth.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Money management tools are helping people stay independent .

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Cherry Home CEO: The Future Of Smart Homes And Independent Senior Living

PYMNTS

When talking about advances in home automation and artificial intelligence (AI)-guided systems for consumers, the conversation has a natural tendency to drift toward younger consumers, particularly millennials. By 2030, the Census estimates there will be 78 million Americans over the age of 65. that first drew Cherry to the segment.

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Navigating The Overstuffed Weight Loss Market

PYMNTS

According to the World Health Organization (WHO), obesity is on track to affect 50 percent of the global population or more by the year 2030, at an annual projected cost of $2 trillion, or roughly 2.8 percent of global GDP. billion in revenue a year. Noom is an app-based method for tracking calories and activity.

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As baby boomers age, valuation professionals adapt to help close “value gap”

Abrigo

Written by Zeb Zilar, Project Lead, Sageworks Valuation Solution Baby boomers are hitting age 65 at a rate of 10,000 a day until 2030, according to the Pew Research Center. Even Millennial- and Generation X-owned businesses could be devalued. Another study showed that 65 percent of new business sellers in Q1 of 2014 were baby boomers.

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From Online to Mobile to Mobile-Only

Banking 2020

For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. It’s not in dispute that many aspects of life that previously took time now can be managed in seconds with a few clicks on the smartphone or tablet, yet it’s still a drag opening a bank account.

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