5 reasons millennials don't trust financial planners

  • Milan Markovic/iStockphoto

    By Casey Bond/GOBankingRates

    Most financial planners have no interest in working with millennial clients, according to a recent survey by a consulting firm called Corporate Insight. In fact, the survey of 500 advisors found just 30 percent are attempting to gain clients under age 40.

    The reason: Millennials, for the most part, don't have any money. And financial planners make their living by advising wealthy clients.

    Well guess what, guys? Millennials aren't interested in their services, either.

    Click ahead for 5 reasons why.