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How can a shared financial advisor help your household?
Challenge Type: business
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$1,600
top 50%
78
submissions
DONE
27 months ago

When you think of a household, many of the services and products used by the members of the household are shared. This could be vehicles, healthcare, streaming subscriptions, etc. From a banking perspective, we are interested to learn whether this idea of "householding" is attractive to young adults and dependents. You might not mind sharing a Netflix account with the rest of the household, but does this hold true when it comes to a financial advisor?

Deliverables

Please respond to the following questions about the concept of financial "householding."

1) Would you like to have the same financial advisor as the other members of your family? Why or why not?

2) What types of conversations would you like to have with a financial advisor to address the most important financial topics in your life?

3) If your family had a household financial advisor:

  • How and when would you want to be introduced to the family's advisor?
  • What would be your preferred way to communicate with the family's advisor?

4) If your family got a household financial advisor, what else could make it an ideal experience for you?

    Submissions will be graded on the following criteria:
  • 1-10 Scale
Reward Tiers
Top 10%
will share $1,000
Next 15%
will share $400
Next 25%
will share $200
Actual individual rewards will be based on the total number of eligible solutions.
Leaderboard
$125.00 Jacqueline Duong University of California, Los Angeles
$125.00 Karen Miller West Virginia University
$125.00 Christopher Adjei-Frimpong University of Mines and Technology, Tarkwa
$125.00 Jordan Peasant Duke University
$125.00 Pablo Santos University of Liverpool
$125.00 Andy Martin University of South Florida
$125.00 Vartika Parekh
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$33.30 Sang Nguyen McGill University
$33.30 Amanda Demers Penn Foster
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$33.30 Meera Stephen
$33.30 Brian Wynder Ursinus College
$33.30 Joshua Y. Ansong UMaT
$33.30 Patience Kabura San Jose State University
$33.30 Ganiyu Amodu California Institute of Technology
$33.30 Abhinav Talwar Northwestern University
$33.30 Lewis Kim University of California, Berkeley
$33.30 Olivia Nguyen University of California at Davis
$33.30 Olivia Wendell Honolulu community college
$10.50 Maysam Halawi
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$10.50 Elizabeth Hastie Northeastern University
$10.50 Kende Orban New York University
$10.50 Phillips Staninski University of Chicago
$10.50 Danny Hernandez California Polytechnic State University
$10.50 Amihai Freed Norwalk Community College
$10.50 Crystal Scott University of Technology, Jamaica
$10.50 Dr. Janelle Christine Simmons Liberty University
$10.50 Tasneem Khan UC Berkeley
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$10.50 Jessie Jahns
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$10.50 Nathaniel Jenkins Wayne State University
$10.50 Joel amoako
$10.50 Lester Huang Lehigh University
$10.50 Grant Skinner
Submission questions


What is your age?

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18-22
23-27
28-32
33+

What is your highest level of education?

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Highschool/GED
Associate's degree
4-year degree (BA/BS)
Masters degree
PhD

What is your city & country of residence?

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What is your gender?

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