An ever-deepening rift is forming between younger retail investors and the financial services industry, writes Davide Fioranelli, co-founder of Freetrade.io
In many areas, the investment and advice worlds go against everything these people are experiencing elsewhere in their lives, specifically the radical transparency around marketing, pricing and service that is integral to so many brands today. It is a rift that could have serious ramifications for financial services providers in the years ahead, both fund managers and advisory firms alike. So what do younger retail investors see when they survey today's investment and advice landscape? Sheep in wolves' clothing For starters, they see good old-fashioned deception. This being finan...
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