“In many ways young millionaires are even more conservative than their boomer counterparts,” states today’s article which examines trends in the money management strategies employed by millionaires under 40, as identified in a recent report by Capgemini Consulting. One such strategy? Millionaires under 40 are more likely to hold onto cash than their older counterparts, although their reasons for doing so vary. To read more about the money management strategies of young millionaires – including their apparent rejection of traditional wealth management – and what lessons they may hold for those aspiring to such wealth, CLICK HERE.
