April 7, 2015 â The Pennsylvania Lottery launches sales of Cash4Lifeâ¢, a $2 draw game offering a top prize of $1,000 a day for life and a second prize of $1,000 a week for life. Players choose five numbers from 1-60 and one number from 1-4, the green Cash Ball.
Spokespeople for the independent robo-advisors will tell you that they are building products for millennials, with an eye on a bigger prize. As wealth is transferred to the millennial generation over the coming years, they will be in position to take advantage of this as the brands that millennials trust.
Investors across all socio-demographic segments are way ahead of their advisors with their technology know-how. What used to be done by pen and paper can now be done with financial planning softwareâyet 29% of financial advisors still donât use the software. The paper suggests that future investors will likely require a mix of robo-advisor strategies along with more personalized human service.