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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. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Currently, millennials’ combined financial assets come up to $4.5 trillion in wealth.

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Mobile Game Shows Offer Brands Prized Millennial Viewers

PYMNTS

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

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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 The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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How To Win The Next Generation Of Investors

CB Insights

The market for investing is changing rapidly. Our thesis is that demand is growing for alternative market access points and for new assets to invest in, especially among the next generation of investors. By 2030, millennials will hold 5x as much wealth as they do today — a result of the great “wealth transfer” that is already underway.

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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. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

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Seniors Help Drive Progress In The Digital Economy

PYMNTS

Younger consumers — millennials, Generation Z — seem to get all the focus when it comes to eCommerce and digital payments these days. By 2030, the Census estimates there will be 78 million Americans over the age of 65. Such a consumer segment is not insignificant. About 50 million Americans are over the age of 65, according the U.S.

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Meeting Diversifying Wealth Management Needs in 2021

PopularBank

The greatest of these challenges on the horizon is addressing generational client anxieties, paired with the urgency of the current economic volatility present in the markets with the increased demand for a marriage of agility and traditional consultancy. By 2030, this group will be in control of more than $15 trillion of inherited wealth.

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