Sentences with phrase «more affluent investors»

Millennials were the initial targets of the robo firms, although some — notably Toronto - based Wealthsimple — are moving up - market to capture the assets of older, more affluent investors.

And while it's true that more affluent investors, defined as those earning more than $ 250,000 / year, are closer to their retirement income goals than others, even among this group, there was still a sizable gap.

Not exact matches

Similarly, Mass Affluent investors are more likely than their Millionaire and UHNW counterparts to consider themselves «not very knowledgeable» about financial products and investments, 28 percent vs. 17 percent of Millionaires and just 8 percent of UHNW investors.

It focuses on affluent customers who spend large amounts on their accounts and tend to pay off their bills every month, though it told investors at a conference this week that it would like to capture more of the borrowing that its cardholders do elsewhere.

Results for affluent Canadians — household decision - makers with an income of $ 75,000 + and investable assets of 100,000 + — are similar to younger investors who are significantly more likely to provide high Investor Sentiment Index scores.

TORONTO — Four in ten (43 per cent) of the affluent millennials surveyed believe they will have more than enough income when they retire, despite putting saving for retirement near the bottom of their priorities, according to the most recent Manulife Investor Sentiment Index.

Some investors think about investment homes along a continuum similar to bonds, ranging from AAA (lower return, lower risk, more affluent neighborhoods) to junk bonds (higher return, higher risk, less affluent neighborhoods).

A new survey from American Funds finds a broadly optimistic outlook among more affluent Baby Boomers and retired investors — despite widespread reporting about Americans» lack of retirement savings.

Usually perceived as unregulated, risky investment vehicles for the most affluent investors, the truth is a little more complicated.

Secondly, Robinhood has a chance to become the app of choice among increasingly affluent crypto investors who, as they watch their digital gains increase, diversify more and more into traditional assets like precious metals, mutual funds, and the like.