Along with all the other labels that get affixed to millennials how about socially responsible? As in, putting their values and ethics where their money is.
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"That has investment firms in the sector ecstatic about their growth prospects as millennials enter their prime saving and investing years, and potentially inherit trillions of dollars from grandparents and parents. Some even see a new style of "caring capitalism" emerging to reverse the global trend of income and wealthy inequality.
Nydia Cardenas, a 28-year-old MBA student at the University of Michigan, believes that Wall Street needs a makeover.
"I feel like the system is set up to breed greed," she said. "But I think finance can be used in a really positive way to transform society."
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