Serving The Next Generation: Teaching Young Adults Financial Literacy

About the episode:

Discover how to expand your practice through purpose-driven engagement while developing essential skills for serving the next generation of clients.

Join guest host Kirsten Schlumbohm, Vice President, Head of Annuity Sales at C2P, and guest, Joe’Mar Hooper, CEO of 3rd Decade, as they discuss how organizations like 3^rd Decade and pro-bono mentorships can help combat the growing financial literacy crisis among younger generations.

Key Topics Discussed:

• Strategic Mentorship Value: How pro bono advising can expand your practice while developing essential skills for serving emerging affluent clients
• Program Structure: A comprehensive framework combining 10 hours of financial education with two years of guided mentorship support
• Practice Enhancement: Proven methods for building relationships with next-gen clients while strengthening communication skills across demographics
• Community Impact: Evidence-based approaches for addressing financial literacy gaps while positioning your practice as a community leader
• Implementation Framework: Step-by-step guidance for integrating pro bono mentorship into your existing practice without disrupting current client services

Listen in to learn how you can leverage your expertise to make a lasting impact while developing crucial skills for working with younger demographics.

Sources:

• 43% of millennials are considered financially illiterate
• 50% of millennials are living paycheck to paycheck
• Current demographic breakdown: 18% Hispanic, 7% African American, 6% Asian, 58% White

Resources:

Financial Literacy Program Referenced: 3^rd Decade