Some want to see loved ones enjoy their inheritance, while others are motivated by financial need
Asset growth will slow amid evolving demographics, Investor Economics forecasts
Financial assets are concentrated among the few
Boomers are using permanent life insurance to leave a multigenerational legacy
GlobalData predicts US$2.4 trillion will move firms
Demographic changes will dramatically alter advisory practices
Windfall recipients intend to pay off debts and share their newly acquired wealth with friends, family and charity
Richardson GMP’s new focus is on intergenerational wealth transfer
The children of the wealthy have different ideas about financial advice — and those who provide it. Understanding that mindset can help retain families when wealth transfers take place
Demand for sustainable investments will only grow as generational wealth transfer approaches