InvestmentNews: Advise Millennials. They may save your practice.

"That doesn't mean it will be easy. Younger clients have different ideas of what will make them happy in life, according to Kate Holmes, founder of Las Vegas-based Belmore Financial. Some get married late or not at all; other choose to not have kids.

“There's a big shift happening in terms of what people are doing and what decisions they're making,” she said.

Planning-centric conversations with those younger investors are key to meeting their needs, according to Ms. Holmes. Financial needs, wants and questions constantly arise: auto insurance premiums, iPhone 6, travel rewards, credit cards."

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