Millennials and the Future of ETFs: A $90 Trillion Shift
Monday, 22 July 2024, 13:15
Impact of Wealth Transfer on ETFs
With an estimated $90 trillion moving from boomers to millennials by 2034, the Financial landscape is set for significant changes.
Factors Driving ETF Growth
- Diverse Investment Options: Millennials prefer ETFs for their low fees and diversification.
- Technological Embrace: This generation is tech-savvy, leading to increased online trading and robo-advisors.
- ESG Focus: With a growing interest in ethical investing, millennials are likely to fuel demand for ESG-centric ETFs.
In summary, millennials are poised to supercharge the ETF market by leveraging their wealth and affinity for technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.