Because building wealth is only half the goal—the other half is making it matter.
If you’re a millennial with a million-dollar investment portfolio (or on your way there), congrats. You’ve done something rare and remarkable—and odds are, you didn’t get there by accident. Maybe you built a business, crushed it in tech, or inherited wealth and are trying to steward it wisely.
Whatever your path, one thing is clear: you’re not looking for the same old investment advice. You’re looking for something smarter. More intentional. More aligned with who you are and where you’re going.
Here’s what we’re seeing work best for high-net-worth millennials who want to invest with confidence and clarity.
🧠 1. Lead with purpose—not products
Wealth planning shouldn’t start with portfolio models or product pitches. It should start with you.
- What do you want your money to do for you?
- What kind of life are you building?
- What impact do you want to make?
A smart investment strategy is rooted in your values. We call this purpose-driven planning, and it’s how every financial conversation should start.
💸 2. Ditch percentage-based fees
Traditional advisors love charging 1% of assets under management. But if you’ve got a $2M portfolio, that’s $20,000 a year—whether they’re doing $20,000 worth of work or not.
At Impact Wealth Management, we charge a flat annual fee ($8,500 per year). You know what you’re paying, and you know what you’re getting: comprehensive financial planning, ongoing support, and zero commissions. That’s smart money management.
📈 3. Build a tax-smart, low-cost portfolio
High-net-worth doesn’t mean high-complexity. In fact, complexity often hides unnecessary fees and inefficiencies.
A smart investment strategy focuses on:
- Tax efficiency (think: tax-loss harvesting, asset location, Roth conversion planning)
- Low-cost investments (ETFs, index funds, institutional share classes)
- Strategic rebalancing that keeps you on track without triggering unnecessary taxes
You don’t need a product-loaded portfolio to be a successful investor. You need discipline, clarity, and a good plan.
🧳 4. Plan for flexibility, not just retirement
You may not want the “traditional retirement” your parents had—and that’s okay. Maybe your goals include mini-retirements, sabbaticals, passion projects, or giving back.
Smart financial planning builds in flexibility so your money can support the life you want—not just at 65, but along the way.
🔍 5. Find a financial advisor who gets you
You don’t need an old-school advisor who talks over your head and pushes products you don’t understand.
You need someone who:
- Speaks your language
- Understands the entrepreneurial or tech-driven wealth path
- Values transparency and accountability
- Cares about the why behind your financial goals
Because this isn’t just about money. It’s about freedom. And joy. And building something that lasts.
Final Thoughts
The financial world wasn’t built with millennials in mind—but the best advisors are rebuilding it right now.
If you’re a high-net-worth millennial looking for real advice, real service, and real alignment, we’d love to connect.
We promise: no pressure, no jargon, and no suits required.