Report: Most affluent young investors plan to use online advisers

Young investors with more than $1 million in investable assets are overwhelmingly in favor of using online financial advisers and wealth managers, according to the Capgemini World Wealth Report. The survey found that 87% of high-net-worth individuals under 40 expect most or all of their wealth management to be done digitally within five years. For those over 40, that falls to 48%. ThinkAdvisor (12/14)