Technology will be ‘imperative’ to navigating the great wealth transfer and serving a younger and wealthier generation, Seismic international financial services marketing lead Gemma Livermore says.
Speaking to Professional Adviser, Livermore said that in industry has got a clash of two things that going to be impactful for women in wealth and for younger generations in wealth. "You've got a commercial need for wealth advisers and IFAs to want to appeal to women and younger generations for the first time in a long time, but you also have people not quite knowing how to pivot and trying to change that historical tradition," she explained. "Technology will help advisers become ready." By 2030, a projected $18.3trn in wealth will be transferred globally and by 2050 £7trn is expected...
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