Home Industries Financial Services Five Questions With: Paul Anghinetti

Five Questions With: Paul Anghinetti

PAUL ANGHINETTI, market executive for Bank of America Private Bank in Rhode Island and southeastern Massachusetts, says a recent study by the bank found that younger investors are more likely to avoid traditional asset classes such as stocks and bonds. / COURTESY BANK OF AMERICA CORP.

Bank of America Private Bank recently released the 2024 Study of Wealthy Americans, which found that millennials and Gen Z allocate three times more of their portfolios to alternative investments – asset classes other than stocks, bonds and cash – than older generations. Paul Anghinetti, market executive for Bank of America Private Bank in Rhode Island

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