Global X Management’s commissioned report, “Getting to Know Gen X and Millennial Investors,” broke affluent Millennials, those with over $100,000 to invest, into two categories: “Builders” and “Adrenaline Techies.”
Builders have just begun to save and have investable assets between $100,000 and $250,000. According to Equifax data cited in the report, this group has an approximate market size of $270 billion. Whereas as the Adrenaline Techies with more than $250,000 in investable assets, and a market size nearing $980 billion according to Equifax data cited in the report, are very different than the Builders.
This week we examine affluent Millennials surveyed and reviewed for this report and next we will examine the Generation Xers. Check out our new article tomorrow.