{"id":475909,"date":"2021-04-14T06:48:10","date_gmt":"2021-04-14T10:48:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/millennials-make-their-mark-highlighting-a-big-shift-in-the-investing-landscape-according-to-new-broadridge-study\/"},"modified":"2021-04-14T06:48:10","modified_gmt":"2021-04-14T10:48:10","slug":"millennials-make-their-mark-highlighting-a-big-shift-in-the-investing-landscape-according-to-new-broadridge-study","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/millennials-make-their-mark-highlighting-a-big-shift-in-the-investing-landscape-according-to-new-broadridge-study\/","title":{"rendered":"Millennials Make Their Mark, Highlighting a Big Shift in the Investing Landscape According to New Broadridge Study"},"content":{"rendered":"
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Widest data study ever of the retail investment marketplace delivers unprecedented evidence-based insights into investors’ purchase of U.S. equities, mutual funds and ETFs<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, April 14, 2021<\/span> \/PRNewswire\/ —\u00a0A much broader range of Americans are investing and engaging in U.S. financial markets, with Millennials, as well as households with the smallest amount to invest, growing in influence from year-end\u00a02017 through June 30, 2020<\/span>, according to a new quantitative study released by Broadridge Financial Solutions, Inc.<\/a>\u00a0(NYSE: BR), a global Fintech leader.<\/p>\n

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This study, the first-of-its kind and scale \u2013 Broadridge Insights on U.S. Investors<\/a>\u00a0<\/b>\u2013 provides unprecedented evidence-based data and observations of investors who buy mutual funds, ETFs and equities through financial intermediaries. The study covered tens of millions of U.S. investor households and billions of data points, providing a unique perspective across generations, geography, educational attainment, channels, investment products, and wealth tiers.<\/p>\n

“We are all witnessing an unprecedented and accelerated democratization of U.S. investing,” said Bob Schifellite<\/span>, Broadridge’s Investor Communication Solutions President. “The signs are undeniable as younger investors, particularly Millennials, grew as a percentage of investors studied from 9% to 14% during this period. Additionally, households with the smallest amount to invest, referred to as the Mass Market, grew in influence from 30% to 38% of investing households. Many are investing using cost-effective ETFs, and more have broader access to low-cost institutional shares, highlighting a changing investing landscape.” <\/p>\n

\n Key Findings include: <\/b>\n <\/p>\n