6 Economic Predictions for Next 5 Years: Northern Trust The bank's six main assumptions:
1. Mild Growth: Northern Trust doesn't see risk of a recession in the next five years.
3. Changing role for the Fed.
4. Technology review: New regulations may create a new paradigm for tech companies.
5. Global repositioning
6. Populist politics influx (Ray Dalio wrote about this in March 2017 titled 'Populism: The Phenomenon')
Millennials to Advisors: We Don't Need You According to YCharts, only 11 percent of millennials surveyed have an advisor directed brokerage account and most would rather go it alone than work with an advisor. Although the sample size was only 600 participants using research software for DIY investors, this poll seems skewed.
4 Ways Advisors Can Reach Millennial DIY Investors Now on the flip side, YCharts tells advisors how they can better cater to millennials' needs and the advice is quite abstract. In my opinion (being a millennial) I think to acquire and add Millennial DIY investors advisors need to provide more than market insights, they actually need to educate them and provide a service that is transformational in three ways.
1. Collaboration with estate planning, taxes, and insurance.
2. Rich and original content with objective advice.
3. Full-service client portal.
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