Sixteen percent are using a paid financial professional, up from 8 percent a year ago. And there was a slight rise this year, 26 percent up from 20 percent last year, among those who want an advisor closer to their age who can potentially better understand their financial goals, says Wells Fargo.
Harris Poll conducted the 2014 Wells Fargo Millennial study between April 15 and May 2, 2014. Survey respondents included 1,639 millennials between the ages of 22 and 33.