Generational differences in perceptions of financial planners
| Autor: | Linda Jane Coleman, Mayuresh Kelkar, Raminder Luther, Gregory Foudray |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Marketing
Finance 050208 finance business.industry media_common.quotation_subject 05 social sciences Generation x ComputerApplications_COMPUTERSINOTHERSYSTEMS Retirement planning Preference Type of service Trustworthiness Perception 0502 economics and business 050211 marketing business Financial services Risk management media_common |
| Zdroj: | Journal of Financial Services Marketing. 23:112-127 |
| ISSN: | 1479-1846 1363-0539 |
| DOI: | 10.1057/s41264-018-0046-9 |
| Popis: | This study investigates the differences in adoption of and perceptions about financial planners among different age groups. Data from a survey of more than 300 people across generations were used to determine if decisions of hiring financial planners, or the types of services requested from financial planners, differed across different age cohorts. Although there are some similarities across generations about expectations of expertise, unselfishness, and trustworthiness of financial planners, there are differences in how financial planners are sought out, and the areas of advice desired by different generations. Millennials and Generation X have a higher preference for independent financial planners over affiliated planners, require more frequent communication with their planners, consider advice for risk management as important as retirement planning, and wish to remain more involved with their planners than the older cohorts. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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