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E*TRADE Study Reveals Parents Bank on Their Better Half for Financial DecisionsE*TRADE Financial Corporation (NASDAQ: ETFC) today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. As Valentine's Day approaches, the study looked at how parent couples handle their financial decisions: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200212005753/en/ (Graphic: Business Wire)
"Children create a completely new set of financial obligations for couples, and it's encouraging to see these complex decisions being made in stride," said Mike Loewengart, VP of Investment Strategy at E*TRADE Financial. "With the mounting demands put on parents today, collaborating with their partner on financial decisions is critical to creating a financial strategy that works for their family, and potentially the opportunity to pass those habits down to the next generation. When it comes to family financial planning, parents should examine their entire financial picture-from investments and college savings plans to mortgages and emergency funds. Understand your time horizon, risk tolerance, and financial goals to help plot a roadmap for the future." Mr. Loewengart provided additional steps that parents may consider in planning for their family's future:
E*TRADE aims to enhance the financial independence of traders and investors through a powerful digital offering and professional guidance. To learn more about E*TRADE trading and investing platforms and tools, visit etrade.com. For useful trading and investing insights from E*TRADE, follow the company on Twitter (News - Alert), @ETRADE. About the Survey This wave of the survey was conducted from January 1 to January 10 of 2020 among an online total US sample of 909 self-directed active investors, of which 301 are parents, who manage at least $10,000 in an online brokerage account. The survey has a margin of error of ±3.20 percent at the 95 percent confidence level. It was fielded and administered by Dynata. The panel is broken into thirds of active (trade more than once a week), swing (trade less than once a week but more than once a month), and passive (trade less than once a month). The panel is 60% male and 40% female, with an even distribution across online brokerages, geographic regions, and age bands. About E*TRADE Financial and Important Notices E*TRADE Financial and its subsidiaries provide financial services including brokerage and banking products and services to retail customers. Securities products and services are offered by E*TRADE Securities LLC (Member FINRA/SIPC). Commodity futures and options on futures products and services are offered by E*TRADE Futures LLC (Member NFA). Managed Account Solutions are offered through E*TRADE Capital Management, LLC, a Registered Investment Adviser. Bank products and services are offered by E*TRADE Bank, and RIA custody solutions are offered by E*TRADE Savings Bank, both of which are national federal savings banks (Members FDIC). More information is available at www.etrade.com. The information provided herein is for general informational purposes only and should not be considered investment advice. Past performance does not guarantee future results. E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks or registered trademarks of E*TRADE Financial Corporation. ETFC-G © 2020 E*TRADE Financial Corporation. All rights reserved. E*TRADE Financial Corporation engages Dynata to program, field, and tabulate the study. Dynata provides digital research data and has locations in the Americas, Europe, the Middle East and Asia-Pacific. For more information, please go to www.dynata.com. Referenced Data
View source version on businesswire.com: https://www.businesswire.com/news/home/20200212005753/en/ |