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Showing 11 - 20 of 35 results for "Gen Z"

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... of a buy-and-hold strategy compared to Gen X and Baby Boomer generations, Openmarkets found. "In Q1 2023, millennials and Gen Z executed the lowest number of trades, with 64% of these being buys. Despite the buy-and hold mentality, younger investors ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... younger affluent females are engaged with investing, are financially literate and want advice. The research highlighted 42% of Gen Z and Y women (under 42) were engaged compared to 34% of Baby Boomers. Although this cohort is no longer the youngest generation ...

The game changing trends planners should know about

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
According to social researcher Michael McQueen, the trends that will be game changers, not just for financial planners but for the world at large, is the acceleration of artificial intelligence, the reworking of work, and the post-millennial era. "In ...

The great wealth transfer at risk: Research

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
... investing behaviours of over 1000 Australians aged from 18-80 across both metropolitan and regional areas. It found that 43% of Gen Z and 35% of Millennial respondents are expecting an inheritance from their parents or grandparents, which, according ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... increase from June 2020. According to the report, ETFs are becoming popular investment options, especially for Millennials and Gen Z, with a 3% increase in the 35-44 age group and 1% increase in those under 25. Commenting on the report, Class chief executive ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... interest." Results showed that Gen X are the most likely to make monthly contributions to their super (17%), compared to 10% of Gen Z. But, more than a third of gen Z say they plan to make a salary sacrifice in the future. The Finder survey also found ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
A Vanguard SMSF investor report has found that the newest cohort of trustees are younger, confident and more engaged with their superannuation. The report stated on an average basis, newly established SMSFs have continued to be set up by younger investors ...

Online investor numbers continue to climb: Investment Trends

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... restrictions began to ease," Investment Trends head of research at Irene Guiamatsia said. Unsurprisingly, millennials and Gen Z continue to dominate the new investor cohort, motivated by lower costs, access to offshore markets, and a mobile-first digital ...

UBS acquires Wealthfront, opens multicultural division

JAMIE WILLIAMSON  |  THURSDAY, 27 JAN 2022
... and multicultural investors. UBS has acquired Wealthfront, an automated wealth management platform serving millennial and Gen Z investors, for US$1.4 billion. Wealthfront has more than US$27 billion in assets under management and close to 500,000 customers ...

Investors dig deeper for alternative assets

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
... growth rates in property across major cities. "Furthermore, secular tailwinds supported by urban migration as well as a young Gen Z workforce with a growing preference to rent vs. own are adding to this momentum. Given this sector is still at a nascent ...