Trendspotting Charts and Talking Points
A look at employees' latest concerns and what these mean to adviser
Reported by PA
Long-Term Financial Goals
Various generations differ in confidence about having the savings they need
Younger Millennials
Older Millennials
Generation X
Baby Boomers
Source: FICO
The World of Alts
The world's 100 largest alternative asset managers saw their assets rise 10% in 2016 to $4 trillion.
Source: Willis Towers Watson, Global Alternatives Survey 2017
401(k) Contributions on the Rise
Nearly one-quarter, 23%, of working Americans have increased their retirement savings rate so far this year. This is the highest reading in six years of polling.
Source: Bankrate.com
Financial Pros’ Displeasure Over Fiduciary Rule
Believe it will
require clients
to sign more
paperwork
require clients
to sign more
paperwork
Say they will
serve fewer
clients with
$25,000 or less
in assets
serve fewer
clients with
$25,000 or less
in assets
Say it prevents
them from
serving their
clients’ best
interests
them from
serving their
clients’ best
interests
Say it impacts
their work
methods
“a lot”
their work
methods
“a lot”
Say their
clients have
expressed
anxiety over it
clients have
expressed
anxiety over it
Source: Financial Services Roundtable
Americans’ Financial Fears
Being
unable to
ever retire
unable to
ever retire
Living
paycheck to
paycheck
paycheck to
paycheck
Being
unable
to get
out of debt
unable
to get
out of debt
Losing
their job
their job
Losing all
of their
money in
the stock
market
of their
money in
the stock
market
Being
unable
to ever
afford
a home
unable
to ever
afford
a home
Always
having
a low credit
score
having
a low credit
score
Source: GOBankingRates