With a focus on financial basics, The Wise Investor Group helps millennials improve financial success
The Wise Investor Group at Baird is pleased to begin offering its wealth management services to the next generation of investors. These services will help individuals save for their future and improve their financial success.
According to a PWC report, only 24% of millennials demonstrated basic financial literacy, which may jeopardize their financial futures.
The Wise Investor Group developed this offering to address the barriers millennials face when seeking wealth management advice. PWC’s report shows that just 12% of millennials sought help on debt management and only 27% had sought professional financial advice in the past five years.
“The millennial generation faces significant debt from student loans and rising housing costs; and they are less likely to seek financial advice,” said Nick Sorden, Vice President and Associate Financial Advisor with The Wise Investor Group at Baird. “With staggering statistics showing the risks to millennials’ financial security, we are stepping up to provide these individuals with the advice and tools they need for long-term success.”
While traditional minimum requirements for professional financial advice tend to be higher and can price out younger generations, The Wise Investor Group’s minimum for this service is $5,000.
Financial advisors with The Wise Investor Group will help address debt and savings concerns, organize accounts, and plan for retirement and other financial goals. By helping millennials with these financial basics, The Wise Investor Group aims to set these individuals up for future financial security.
To learn more about The Wise Investor Group and its full-service financial planning, visit www.thewiseinvestorgroup.com.
About The Wise Investor Group
The Wise Investor Group (www.thewiseinvestorgroup.com) at Baird is a full-service investment firm located in Reston, Virginia focusing on financial planning, portfolio management, investment analysis, insurance and annuity services as well as overall account services. Formed in the 1990s, the firm follows a disciplined, research-based approach to value-oriented investment. Member SIPC.
