Don’t fear the robo: Some millennials like working with human financial advisers
Breakfast with Benjamin New research suggests that some tech-crazy millennial investors are moving beyond the robos to work closely with human financial advisers.
- New research suggests that some tech-crazy millennial investors are moving beyond the robos to work closely with human financial advisers. Phoenix Marketing International calls them Active Wealth Millennials, a group with a minimum $100,000 in investable assets.
- When it come to the performance of his $1.3 billion Janus Global Unconstrained Bond Fund, Bill Gross says he’s “satisfied with the results.” The fund has returned 1.6% since he assumed management in October 2014.
- Presumptive Republican presidential nominee Donald Trump, bless his heart, wants to save the coal industry and boost natural gas production. But David Sandalow, a former U.S. undersecretary of energy, says such a plan would be difficult to pull off.
- New Yorkers will soon will be able to urinate in public, litter and drink booze out of a bagged bottle without the fear of going to jail. City officials are expected to decriminalize these and other so-called quality of life crimes.
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