America’s Great Wealth Transfer: Young clients want human connection with their financial advisors
In little greater than 20 years, roughly $124 trillion in private U.S. belongings will switch from older Americans (ages 55-80+) to the youthful generations (ages 18-54). This is a big second for financial advisors as these professionals look to know, and preserve, their new shopper base. Currently, 43% of youthful Americans plan to change asset managers from their mother or father’s present supplier after they obtain an inheritance. Here, we break down the information to indicate how advisors…
