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Schwab survey finds most millennials view ETFs as the primary investment vehicle of the future
CHICAGO — Advisors who don’t embrace ETFs will miss out on the next generation of clients. While only 42% of millennial investors say their portfolios currently hold an ETF, 91% say funds are their investment vehicle of choice, according to Schwab’s annual ETF Investor Study. “In a decade, we’ve seen ETFs grow to the point …