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Millennials Crave Human Financial Advisers, Capital One Survey Finds


NEW YORK (TheStreet) -- Millennials may value cutting-edge digital investing tools, but it turns out they also appreciate being able to access the wisdom of old-school financial advisers -- especially when markets get rough.

"Those who found the August volatility stressful for them really wanted to have that collaboration and that's what we see in the data for millennials," said Yvette Butler, president of Capital One's (COF - Get Report) recently created Capital One Investing division.

Capital One Investing's research showed 49% of millennials currently have a full-service investing account, and among those with no current financial adviser relationship, 72% say they are most likely to use...