My visit with Jason followed on the heels of some extensive research I was involved in, to gain a better understanding of millennials' financial habits. In addition, we also investigated the role (or lack thereof) a financial advisor plays in helping millennials plan and save. The results? As varied as their personalities.
The world we live in is in constant flux. Health care, insurance, lifestyle choices; the way we communicate, make purchasing decisions, choose partners -- in all these domains, there is increasing demand for greater flexibility and personalization. Nowhere is this clearer than in the modern workplace.
At just 20-years-old, Brynn has several serious chronic health conditions, one of which requires her to be one of the only people in the world to have a 24/7 Benadryl intravenous drip. But even though I've never met Brynn in real life, from miles and miles away I can feel the warmth, brilliance and hope that she is giving the world.
Don't give up; not just on what you truly want, but also the seemingly useless and boring things that you have to do "just to get by." Everything has potential, every single opportunity is a piece of your puzzle. It's just a matter of figuring out where it fits -- and revealing the picture it creates.
Not only will these millennial inheritors likely look for a new financial advisor to manage their money, as opposed to sticking with the family advisor, they will also want to ensure their money positively impacts society, and they tend to crave intimate involvement with the causes they support. This could transform charitable giving.