What will the finance industry be like when millennials hold senior positions? Really interested to see how the shift in culture will play out.

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Will be more "lit"

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As a baby boomer and BM, I'm intrigued by the millennials. Those (millennials that are in business and other professions are encouraging to old farts like me. Some of us recognize and appreciate the innovation and new perspectives that emanate from the youth up. Shoot! I typically hate technology outside of my music on my phone! But, I wouldn't be without it. Personally, I'd love to have a few more around. I like what I see from here.

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The stereotypical millenials tend to self select out of the industry so the remaining future partners are those who fit in and will thus perpetuate the culture to a large extent. If they don't, they'll be outcompeted by those who do. Maybe we'll finally have arcades in the break room, but banking will still be banking.

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Sh!t show.

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Man buns for all

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As a millennial advisor I find the stereotypical millennial highly annoying and if I were in a senior position today I don't think I would cater or enable "millennial behavior". I would have high professional expectations. People with money tend to be a bit more business oriented or I guess you could say mature. I think the financial industry will still be the financial industry. Relationship is already highly valued today so I'm not sure how different it will be.

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^^^this guy bravo!

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In my opinion Financial Planning is about collaborating to offer prudent guidance that frees a person financially to pursue the opportunities that matter to them. This is again, in my opinion a basic human desire not a millennial or boomer need. I believe that Planning looks a little differently when you engage with people earlier in their life and as such requires a different model to monetize the services. My experience as a millennial advisor has been that a great need exists regardless of where you are in life. My 60 year old doctor clients with 10mm accounts have vastly different needs than my millennial clients in residency but both appreciate the value of advice. We are simply addressing a different concern.

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