Survey: More millennials using financial advisors

Millennials are increasingly seeking professional financial advice, with 42% using an advisor in 2017, up from 36% in 2016, according to a survey from the Transamerica Center for Retirement Studies. The survey also showed the use of financial advisors fell 2 percentage points to 37% during the same period for members of Generation X and held steady at 40% for baby boomers. InsuranceNewsNet Magazine online