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Access to information democratizes financial concepts like saving, investing and retirement, he said.
They can search for a home or car or apartment and find their exact match in minutes.
Millennials have extreme price transparency, he continued.
They know more about how much things cost versus any generation before them.
When they became shoppers, they had eBay.
When they wanted music, they had MP3s.
When they want to work with a financial professional, they know what questions to ask aboutfees and expenses.
That wasnt a reality when millennials were in college.
Many millennials have ended up in significant debt just to be able to get a job.
All of these factors have led to high levels of financial stress for many millennials.
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