Get em while they're young and keep em for life. They have a longer time horizon. They only get richer as they get older. And they want financial advice. It seems simple enough.
So the question remains: Why aren't more funds targeting this promising, younger age bracket? Perhaps it stems from the ambiguity of the term young people itself. Who are they? The term young people includes Gen X, ages 23 to 35, and Gen Y, ages five to 22.