Scottrade recently released a retirement study that explores investors’ attitudes toward retirement, financial advice and the (yet to be implemented) fiduciary rule. The study found that 85% of investors are at least somewhat confident that they will have enough money to retire comfortably, with Seniors (70+) most likely to say they are extremely confident. Corporate […]
Blockchain technology has the potential to shape various aspects of financial services and radically alter the industry. Our first in-depth study on blockchain will help readers understand how blockchain could simplify existing financial processes, maximize efficiency and profitability of industry participants and improve the end-user experience. The study explores: The current and future states of blockchain […]
Economic hurdles, retirement plan design inefficiencies discourage Millennials from saving for retirement
The post below is adapted from our newest special study, Satisfying Today’s Retirement Plan Participant. To secure your copy of this research report, please contact your Corporate Insight Relationship Manager. America’s working population is undergoing shifts that will inevitably affect the retirement plan industry, with millions of Baby Boomers retiring and as many Millennials joining […]
Our latest study, Satisfying Today’s Retirement Plan Participant, is now available! This study shares the results of our September 2016 survey of close to 1,500 DC plan participants, shedding light on participant satisfaction with providers and examining such key aspects of the relationship as advice and planning offerings, communication, mobile apps and websites. We also […]
This month, Corporate Insight will publish a new special study on the retirement space. Satisfying Today’s Retirement Plan Participant combines insights from an in-depth survey of close to 1,500 retirement plan participants with our analysis of retirement industry trends and emerging best practices for the digital participant experience. The report also analyzes the challenges facing […]
After spending years watching from the sidelines, incumbent investment firms are embracing digital advice services. Since spring 2015, nearly all the major U.S.-based hybrid brokerage firms have introduced proprietary digital advice solutions or announced their plans to do so soon. Meanwhile, many full-service firms are partnering with digital advice providers such as BlackRock/FutureAdvisor and SigFig to provide either their clients or advisors with automated advice solutions. Our newest study, Next-Generation Investing: The Incumbents Arrive, explores the forces driving this activity, which include the pending DOL fiduciary standard and the opportunity to provide a lower-cost, entry-level relationship in order to reach the next generation of investors. The report also analyzes key trends and developments in the digital advice space and how this market may evolve moving forward.
In this review of the digital advice space, we explore key trends and opportunities in the market, examine digital advice platforms from incumbent firms and leading fintech firms, and discuss the implications these technologies have for the financial services industry.
The Huffington Post recently published a blog post highlighting Bank of America’s marketing shift that led the firm to create a llama-themed lens on Snapchat. The reason (or blame, depending on your point of view) for this outcome can primarily be placed at the feet of Millennials. BofA has had to alter its media mix, […]
Are you successfully engaging the 83 million members of the Millennial generation? Many financial marketers, product managers and strategists struggle to connect with this demographic and serve them effectively. Without knowledge and understanding of Millennial attitudes, behaviors, and preferences, it can be difficult, if not impossible, to reach them. Our new study, Millennials Revisited: Financial Services […]