Millennials, Gen Z grew wealth in 2021

The wealth of millennials and Generation Z grew 25% in 2021, according to a new study. Last year, combined total assets of these two age groups grew to $3.6 trillion from $2.9 trillion in 2020. The study also found that 59% of millennials said they wanted more financial advice than they currently receive. According to the Brookings Institution, more than half of Americans are millennials or younger.