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Allen Pierce Equity Partners Generate a New Report on Millennials and Their Money

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Allen Pierce Equity Partners is an independent financial institution. Recently, the company surveyed Millennials about their money management. The results show a different outcome than had previously been perceived.

Tianjin, China–(Newsfile Corp. – November 21, 2022) – Allen Pierce Equity Partners, in the latest development, conducted a research survey of over two thousand 25- to 40-year-olds across genders, races, and countries. While millennials are often accused of being frivolous or lacking financial management skills generally, a recent report by the financial institution indicates differently.

The survey showed that of those that responded, 86% think seriously about their financial future, although many seem unsure of what action they need to take. The Chief Executive Officer at Allen Pierce Equity Partners, John Allen, expressed his views about the recent survey by stating,

“We decided to carry out this survey to understand how we, as providers of global wealth management solutions, can better cater to the needs of wealthy millennials who will be the next generation of major investors.”

Upon the different conclusions of the survey, he further added,

“Our results indicate that millennials have a good amount of trust in financial managers. With countless wealthy Millennials expected to benefit from inheritances or come into money from the sale of a business, their advisors will need to be a reliable and trusted resource for information and guidance.”

During the survey, Allen Pierce Equity Partners came across the following factors that significantly impact decisions millennials make while managing their money:

  1. Managing Obligations

While millennials state that seeking professional advice is essential, as many as 63% said they found it challenging to find the time to arrange their financial future while managing their many obligations, such as buying a house, etc. Another hurdle for millennials to overcome is a need for more understanding of what to do after clearing debt, saving for emergencies, and funding pensions. Some 74% said they were still determining their next step.

  1. Future Planning

The main aims of respondents to the survey include establishing their long-term financial security by investing and saving, with 74% indicating they would like to have the same things their parents have but are finding it too costly. The Allen Pierce Equity Partners survey reported that 36% pointed to the stock market as their leading goal, with 35% preferring to save for retirement. In addition, almost one-third (31%) said starting their own company was their primary financial ambition.

“Millennials have an entrepreneurial outlook, and many seek ways to generate other income streams through owning a business, investing in property, or taking side jobs,” said Allen Pierce Equity Partners’ CEO.

Work-life balance was another critical issue for millennials, with 59% saying that a healthy work-life balance is “very important.”

  1. Sustainability

As they’ve grown their wealth, millennials have revisited their priorities regarding investments. For example, 84% of the Allen Pierce Equity Partners survey respondents indicated that environmental, social, and governance factors affected their investment choices and that ESG investments form a core element in their investment strategy.

Millennials seek advisors to achieve their goals with a good grasp on ESG issues, with 89% stating it is a crucial consideration that any future advisor has a strong understanding of how to use ESG data in making investment recommendations. Additionally, the survey noted that 78% said they would change advisors if their current ones needed to be more fluent in their understanding and application of ESG.

Consequently, the “millennials’ demand for ESG considerations provides a growing opportunity for wealth managers such as ourselves to incorporate ESG data more into investment planning and offer advice and guidance on how to invest more sustainably.”

About the survey

The online survey was conducted in June 2022 across genders, races, and countries. The respondents included high-net-worth and high-earning millennials with over $250,000 in household income, or between $100,000 and a million dollars equivalent in investable assets.

About the institution – Allen Pierce Equity Partners

Allen Pierce Equity Partners is an independent financial institution offering objective guidance and unbiased advice on comprehensive global wealth management solutions. They empower their clients with the knowledge that will help them manage their finances astutely. The core services include investment and portfolio management as part of an overall wealth planning package.

Potential clients can visit the company on its official contact webpage to learn more about Allen Pierce Equity Partners’ financial management services.

Media Details:

Company Name: Allen Pierce Equity Partners
Contact Person name: Jingyi Li, Chief Marketing Officer
Contact Email Address: [email protected]
Company Website: https://www.allenpierce.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145020

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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