Key Group Management, a registered investment advisory with more than $350 million in total client assets, has left National Planning Corporation, one of National Planning Holdings’ broker/dealers, to join one of Advisor Group’s b/ds. LPL Financial, the largest independent b/d in the country, recently announced its acquisition of National Planning Holdings’ network of b/ds for $325 million. ... Millennials Are Financial Worriers Millennials worry more about their finances than any other generation, according to E-Trade's Streetwise quarterly tracking study. The study found that 69 percent of Millennials feel they could be doing better financially and that their worrying is putting a strain on their relationships (53 percent) and health (50 percent). The study also found that 59 percent of Millennials said images of exaggerated wealth seen on social media and television make them feel less successful. ... Affluent Parents Doing More To Support Children Financially Affluent parents are increasingly involved in their children’s financial lives, according to a new survey by Personal Capital. Nearly 20 percent plan to support their children into their 30s, and 12 percent said they will support their kids into their 40s and beyond. ...
You are subscribed to this newsletter as newsletter@newslettercollector.com Questions or problems? Contact Customer Service Wealth Management | Penton | 1166 Avenue of the Americas, 10th Floor | New York, NY 10036 Copyright 2017, Penton. All rights reserved.
