Every time I turn around; us millennials are getting verbally smacked down in the headlines. It seems like we can’t do anything right these days. Which is super weird, because with all of the participation trophies (I never received) in my life, I assumed I did everything right. I mean, I’m sorry I don’t like fabric softener, but I think my clothes are surviving just fine without it.

I’m sorry that I hate social interaction and love to stay inside by myself binge-watching Netflix.

Lastly, I’m sorry that I made it okay to have self-confidence.

But oh wait, I’m not sorry. At all.

Of the latest concerns that people are having with millennials, one that truly struck a chord with me was a piece stating that we aren’t aware of financial advisors or what they do.

I mean, a recent survey done by the Insured Retirement Institute and the Center for Generational Kinetics found that only 38% of us know what they do. So it must be true.

Except for one thing. We (indirectly) do. We know what our parents have done with their money (for the most part), and we know that they had someone on the sidelines rooting them on, besides us of course.

What we don’t like, is having to trust companies or people who don’t have our best interest at heart, or who will receive some sort of compensation for selling us on a product that we don’t necessarily need.

Or maybe that’s just me? Fine. I’ll say it’s just me for the fact-checkers sake.

Oh, but wait. There are like a TON of surveys done that do support my (unbiased, but biased) thoughts.

Acccording to this Neopay survey:

• 50% of 18-24 year olds wouldn’t trust their bank with e-money transactions.

• 41% would appreciate fairer and lower fees and charges

• 21% would appreciate more ethical behaviours

Oh, and even our younger generations, considering 58% of children use prepaid accounts through mobile wallet apps or cards.

So, you get it now. The trust thing is kind of non-existent, and also kind of important.

Due to the amount of new organizations and institutions that are coming out swinging with their tech-advanced products and options, there is no longer a need to take the traditional route if you don’t want to.

Which is why I decided to try out using Siri as my new Financial Advisor. I mean, why not?

In all honesty though, I have always been pro-bank for my short-term financial goals, and have been with the same institution for my entire life – shout out to RBC.

However, when it comes to investing, retirement, and long-term financial goals – I tend to stear towards robo-advisors.

What are your thoughts and feelings on financial advisors? What is your favorite financial option? Let me know in the comments!