Wealthy Households Grow As Millennial Millionaires Expect More

With the number of wealthy households reaching all-time highs across the board, what are these investors looking for when markets turn turbulent? Different age demographics, likewise, view a financial adviser relationship from a unique perspective. How financial advisors address challenging questions as markets decline is often a key moment in the relationship. From a long-term perspective, how they work the burgeoning opportunity with younger wealthy investors can lead to long-term success. But are they prepared?

The world of the wealthy investor is expanding.

The number of households with more than $25 million in net...